For Release: 7:00 am EST on April
Facet Solutions, Inc. Expands Executive Management Team
LOGAN, UT (April 25, 2008) – Facet Solutions, Inc. announced
today the addition of Dr. Marc Peterman to its executive
management team. Dr. Peterman will serve as Vice President
of Research and
Development for Facet Solutions, bringing with him a long
history of spine system/orthopedic development experience,
having directed development activities at Abbott Spine.
The addition of Marc to Facet Solutions bolsters an already great
team, which is developing motion preservation technologies that
will change the way we treat spinal stenosis patients in the
future,” stated Mr. Geoff Pardo, President and CEO of Facet
Solutions, Inc. “Marc has a history of innovation
and success in driving commercially viable spine products
market and will
be an integral part of advancing the anatomic design
of Facet Solutions.”
Commenting on his decision to join the Facet Solutions
executive team, Dr. Peterman stated, “I have a very strong belief
that restoration of normal, stable motion through anatomic facet
arthroplasty will provide the best long-term solution for lumbar
spinal stenosis patients. When I reviewed the Facet Solutions
Anatomic Facet Replacement [ACADIA™] platform, I
knew I wanted to be a part of this company.”
The ACADIA™ has been developed by Facet Solutions, Inc. to
provide patients with lumbar spinal stenosis and facet degeneration,
a motion preserving alternative to lumbar spinal fusion. The
ACADIA™ procedure includes replacement of the diseased
facet joint with an anatomic implant that restores the
stability, and balance to the lumbar spine.
*Note: ACADIA™ is an investigational device in the
United States. It is limited by United States (U.S.)
for investigational use only.
About Facet Solutions
Facet Solutions, Inc. is a privately held, venture-backed
company focused on development and commercialization
of surgical devices
for the Treatment of facet-related spinal disorders.
Facet Solutions has received venture capital from
De Novo Ventures,
Pequot Ventures, and Spray Venture Partners. Facet
Solutions is FDA registered and is certified to ISO 13485.
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Mr. Geoff Pardo
Facet Solutions, Inc.
124 South 600 West, Suite 100
Logan, UT 84321