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2012-05-23 18:00:00 CEST 2012-05-23 18:01:21 CEST REGULATED INFORMATION Össur hf. - Breyting á stjórn/framkvæmdastjórn/endurskoðendumOssur Hf : Management ChangesAnnouncement Össur hf. No. 19/2012 Reykjavik, 23 May 2012 New R&D leadership Dr. Hilmar B. Janusson, EVP of Research & Development (R&D), has decided to take on new challenges to pursue his interst in the academic field and take on the role of Dean of School of Engineering and Natural Sciences at the University of Iceland. Hilmar will continue to support R&D as a long term consultant. Dr. Thorvaldur Ingvarsson has been appointed EVP of R&D and will become a member of the Össur Executive Committee. Thorvaldur joined Össur in 2009 as Medical Officer, contributing greatly to the clinical research efforts and product design based on medical necessity, which is an increasingly important part of the medical device R&D process. Thorvaldur holds a PhD degree from the University of Lund in Sweden, with emphasises on osteoarthritis and health economic outcomes, he has 19 years of experience as an orthopaedic surgeon. Prior to joining Össur he has held a medical director position as well as a CEO position within the hospital setting. Thorvaldur has published more than 40 scientific papers and is currently involved in international research projects related to osteoarthritis, ligament healing, health economics outcomes and biomechanics of prostheses. These management changes will become effective as of June 30(th). Jón Sigurðsson, President & CEO, comments:"Thorvaldur Ingvarsson brings with him a wealth of expertise and experience in the field to lead a dedicated team to further advance our technological platform and clinical research. For more than 20 years Hilmar has been an instrumental force in establishing Össur as a technology leader in the market. On behalf of all Össur employees I thank him for his valuable contribution to our Company." About Össur Össur (NASDAQ OMX: OSSR) is a global leader in non-invasive orthopaedics that help people live a life without limitations. Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports, prosthetic limbs and compression therapy, including the Flex-Foot Cheetah carbon fiber running prostheses used by"The Blade Runner," renowned double-amputee sprinter Oscar Pistorius. A recognized "Technology Pioneer", Össur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market. Successful patient and clinical outcomes are further empowered via Össur's educational programs and business solutions. Headquartered in Iceland, Össur has major operations in the Americas, Europe and Asia, with additional distributors worldwide. www.ossur.com [HUG#1614447] |
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