Wright Medical Group, Inc. Introduces CHARLOTTE(TM) CLAW(TM) Plate for Foot and Ankle Surgery.ARLINGTON, Tenn. -- Innovative Approach to Compression Plating Sets New Standard for Foot and Ankle Fixation fixation: see psychoanalysis. Wright Medical Group, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : WMGI WMGI Wright Medical Group, Inc ), a global orthopaedic medical device company, today announced the launch of its CLAW(TM) Plate for foot and ankle surgery Foot and Ankle Surgery is the sub-specialty of orthopedics surgery that deals with the treatment, diagnosis and prevention of disorders of the foot and ankle. Foot and ankle surgeons differ from podiatrist in that foot and ankle surgeons have received a medical doctorate and have . The CLAW(TM) Plate is the latest innovation in Wright's CHARLOTTE(TM) product line, which includes screws, plates and staples for use in reconstructive foot and ankle procedures. The CLAW(TM) Plate is the first product in the orthopaedic market to combine surgeon-controlled dynamic compression The ability to compress and decompress data in real time; for example, as it is being written to or read from disk or as it is being received or transmitted via a communications channel. See dynamic. with fixed-angle locking screws. The product is designed to offer superior fixation and anatomic flexibility compared to traditional compression staples. The CLAW(TM) Plate was designed in collaboration with surgeons at The Cleveland Clinic Cleveland Clinic (formally known as the Cleveland Clinic Foundation) is a multispecialty academic medical center located in Cleveland, Ohio, USA. Cleveland Clinic was established in 1921 by four physicians for the purpose of providing patient care, research, and medical , Duke University, and OrthoCarolina in Charlotte, NC. Robert Anderson There have been many well-known people named Robert Anderson, including:
Approximately 100,000 foot and ankle osteotomies and fusions are performed in the U.S. annually. It is estimated that the CLAW(TM) Plate may be suitable for fixation in 25-40% of these procedures. Wright Medical Group, Inc. is a global orthopaedic medical device company specializing in the design, manufacture and marketing of reconstructive joint devices, extremity extremity /ex·trem·i·ty/ (eks-trem´i-te) 1. the distal or terminal portion of elongated or pointed structures. 2. limb. ex·trem·i·ty n. 1. devices and biologics. The Company has been in business for over 50 years and markets its products in over 60 countries worldwide. For more information about Wright medical, visit our website at www.wmt.com. This press release may contain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements made in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements reflect management's current knowledge, assumptions, beliefs, estimates, and expectations and express management's current views of future performance, results, and trends. The Company wishes to caution readers that actual results might differ materially from those described in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including the factors discussed in the Company's filings with the Securities and Exchange Commission (including the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2005 under the heading, "Factors Affecting Future Operating Results," and in its quarterly reports), which could cause the Company's actual results to materially differ from those described in the forward-looking statements. Although the Company believes that the forward-looking statements are accurate, there can be no assurance that any forward-looking statement will prove to be accurate. A forward-looking statement should not be regarded as a representation by the Company that the results described therein will be achieved. The Company wishes to caution readers not to place undue reliance on any forward-looking statement. The forward-looking statements are made as of the date of this press release. The Company assumes no obligation to update any forward-looking statement after this date. |
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