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2009-01-15 12:27:44 CET 2009-01-15 12:27:44 CET REGULATED INFORMATION Inion Oyj - Company AnnouncementInion promotes Christian Johnson to Sales Director responsible for markets outside the USAInion Oy (“Inion or the “Company”) Inion promotes Christian Johnson to Sales Director responsible for markets outside the USA Tampere, Finland and Guildford, UK. 15 January 2009, Inion (LSE: IIN.L), a company focused on the development and commercialisation of novel biodegradable medical implants, is pleased to announce the promotion of Christian Johnson to the position of Sales Director for key markets outside the USA. He will report to David Follows, Inion's Chief Operating Officer. Christian is a sales and marketing professional with 11 years of experience gained initially in the pharmaceutical industry and later in the medical devices industry. Most recently, he spent seven successful years at Johnson & Johnson working in a number of sales and marketing roles of increasing responsibility within its Spine Implant Business Unit (part of J&J's DePuy operating company). During this time, he gained valuable experience in launching and marketing innovative new products, such as a pedicle screw system for spine fusion, which quickly became DePuy's number one brand. Christian also demonstrated excellent leadership qualities and recruited and developed a new team that contributed significantly to the overall success of DePuy's UK business. Since joining Inion in 2007, Christian has made a significant contribution within the Marketing Team in supporting the refocus and prioritization of the Company's portfolio of innovative biodegradable medical implants for spine and speciality orthopaedic applications. Chris Lee, Inion's CEO, said, “Christian's passion for Inion's product portfolio, support of the aims and ambitions of our organisation and his desire for success make him the ideal choice to take on this demanding role. Inion is focused on establishing a well-organised and profitable international sales and marketing operation and we are confident that Christian has the necessary qualities to build this important part of our business. We congratulate him on this well-deserved promotion.” -ends- For further information, please contact: Inion Oy Chris Lee, Chief Executive Officer Julien Cotta, Chief Financial Officer Tel: +44 (0)1483 685390 Citigate Dewe Rogerson Mark Swallow / Helena Galilee / David Dible Tel: +44 (0)207 638 9571 About Inion (www.inion.com) Inion Oy is a medical devices company focused on the development and successful commercialisation of innovative and unique biodegradable and bioactive surgical implants in selected high value orthopaedic market segments. Inion's core expertise and technology lies in the design and manufacture of innovative biodegradable plates, screws, pins and membranes, which are used to enhance the healing of bone or soft tissue injuries to the skeleton, such as those caused by trauma or by reconstructive surgery. Inion implants are made from its proprietary Inion family of biomaterials, with properties tailored for specific surgical applications, in terms of strength, flexibility and rate of degradation Inion is also focused on developing proprietary new bioactive and biodegradable biomaterials that promote bone healing and accelerate patient rehabilitation. Inion was incorporated in early 2000 and listed on the Official List of the UK Listing Authority in December 2004 (ticker: IIN). The Company has offices in the UK and US, and its head office, R&D and production facilities are in Tampere, Finland. This announcement includes "forward-looking statements" which include all statements other than statements of historical facts, including, without limitation, those regarding the Group's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to the Group's products), and any statements preceded by, followed by or that include forward-looking terminology such as the words "targets", "believes", "estimates", "expects", "aims", "intends", "will", "can", "may", "anticipates", "would", "should", "could" or similar expressions or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Group's control that could cause the actual results, performance or achievements of the Group to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Group's present and future business strategies and the environment in which the Group will operate in the future. Among the important factors that could cause the Group's actual results, performance or achievements to differ materially from those in forward-looking statements include those relating to Inion's funding requirements, regulatory approvals, reliance on third parties, intellectual property, key personnel and other factors. These forward-looking statements speak only as at the date of this announcement. The Group expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. As a result of these factors, prospective investors are cautioned not to rely on any forward-looking statement. |
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