VEXIM

Toulouse, January 3, 2012 - Vexim, a medtech company specializing in the minimally invasive, anatomical treatment of vertebral compression fractures, has announced the appointment of Vincent Gardès as Chief Executive Officer. Vincent Gardès has over 15 years of international experience in marketing, sales and general management in the medtech industry. His appointment comes at a time when Vexim is accelerating the international deployment of the Spinejack®.

“I am very pleased to welcome Vincent to Vexim and I’m sure that he will help expand the company’s business”, commented Bruce de la Grange, Chairman of the Board of Directors. He added that “Vincent has all the qualities needed to lead the commercial deployment phase that we have initiated. His 15 years of experience in management positions at Stryker (one of the leaders in the orthopedics market) and Medtronic (a major player in medtech) constitute a valuable asset”.

“I am delighted to be joining Vexim; the company has a unique, minimally invasive approach to treating vertebral fractures with the SpineJack®. We are going to do everything we can to accelerate the product’s commercial deployment and deliver benefits to as many patients and physicians as possible” stated Vincent Gardès.

In 1995, Vincent Gardès started his career with Stryker Spine as Product Manager, Europe. In 1996, he was promoted to the position of Sales & Marketing Manager, Knees & Spine, at Stryker Spain. After returning to France in 1999, he served as Team Leader Hips, Europe, and then Group Product Manager Spine, Global, for Stryker Orthopaedics until 2002. At the end of that year, Vincent Gardès joined the Medtronic group as Division Manager Europe, Spine. In 2004, he was promoted to the position of Business Unit Manager, Spine & Biologics, France, and then became Regional Business Director, France & Iberia, in 2007. In September 2008, Vincent Gardès was appointed as General Manager, Iberia, at CR Bard (based in Barcelona).

Vincent Gardès graduated in Business Administration from INSEEC Business School and also earned a Postgraduate Certificate in Leadership Capability from Glasgow Caledonian University. He speaks French, English and Spanish fluently.