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ORTHOMET ANNOUNCES EXECUTIVE CHANGES

 ORTHOMET ANNOUNCES EXECUTIVE CHANGES
 MINNEAPOLIS, April 2 /PRNewswire/ -- Orthomet, Inc. (NASDAQ: OMET)


today announced a streamlining of its executive staff, expanding responsibilities for two of its officers and accepting the resignations of four others, including B.J. Amdahl, its president and chief operating officer. The company said the actions would result in a nonrecurring charge estimated at $210,000 or $.05 per share for severance benefits in its fiscal third quarter, which ended March 31, 1992, adding to the loss it expects to report for the quarter. The company had previously announced that it expected to report a loss of approximately $.20 per share for the quarter.
 Richard D. Nikolaev, Orthomet's chairman and chief executive officer, said the streamlining was "part of an overall effort we are making to reduce our cost of doing business in light of a reduced expectation for sales this year."
 Kevin B. Delaney was named senior vice president of sales and marketing; he had joined the company in January 1992 as vice president of sales. James C. Hawley was named senior vice president of finance and operations; he had joined Orthomet in May 1991 as vice president of finance and administration. Hawley will continue to act as chief financial officer.
 Other officers resigning, in addition to Amdahl, were Douglas E. King, who had been senior vice president of sales and marketing; Ira Benson, vice president of marketing; and Joel S. Norenberg, vice president of distribution services. Amdahl will continue as a member of Orthomet's board of directors.
 Orthomet, Inc. is in the business of designing, manufacturing and marketing selected orthopedic reconstructive implant products and related surgical instrumentation.
 -0- 4/2/92
 /CONTACT: James C. Hawley of Orthomet, 612-944-6112/
 (OMET) CO: Orthomet, Inc. ST: Minnesota IN: MTC SU: PER


MA -- MN011 -- 4298 04/02/92 10:53 EST
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Publication:PR Newswire
Date:Apr 2, 1992
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