PRESS RELEASES

Contacts: Anthony G. Viscogliosi, Viscogliosi Bros, LLC (212) 583-9700 ext. 100
Nick Kilsby, Creative Partners (203) 705-9202

VISCOGLIOSI BROS., LLC ACQUIRES ENVISION MANUFACTURING, INC.


New York, NY: February 21, 2005 - Viscogliosi Bros., LLC (“VB”) is pleased to announce the completion of an asset purchase agreement with Envision Manufacturing, Inc. (“Envision”). Based in Morrisville, PA, Envision is an established original equipment manufacturer (OEM) of medical devices for leading orthopaedic companies. Under the terms of the agreement, VB acquired all assets of Envision in exchange for a one-time payment to its owners.

Envision’s manufacturing facility produces a wide range of fixation devices - from plates, screws, and pins to more intricate orthopaedic products. The company has produced devices covering the full spectrum of clinical stages and anatomies involved in musculoskeletal treatment, including fracture management, joint replacement, sports medicine, spinal fusion, and joint reconstructive surgery.

Mr. Anthony G. Viscogliosi, a Principal of VB, said: “VB is excited to team with Envision’s management to develop its manufacturing business. We believe the company will be a valuable resource for a number of our portfolio companies. With dedicated manufacturing facilities at our disposal, we expect to maintain market leadership with superior product quality, efficient supply chain management, and logistics systems.”

Alan Miller, former President of Envision, said: “Through its work with non-fusion spine technologies, VB has exhibited farsighted thinking as well as commitment to its strategic vision. VB’s portfolio companies will benefit substantially from our manufacturing experience. With VB’s leadership, strategic vision and financial support we further believe we will be able to significantly expand our current capabilities.”

VB anticipates that the purchase of Envison will leverage VB’s other recent acquisitions, which include San Diego-based Avanta Orthopaedics. Envision’s extensive manufacturing capability and expertise will contribute to a more vertically integrated structure and permit the ramping up of current production along with the quick introduction of new devices.

About Viscogliosi Bros., LLC
Established by Marc R. Viscogliosi, John J. Viscogliosi and Anthony G. Viscogliosi in New York City in 1999, VB was the first venture capital/private equity and merchant banking firm dedicated to the musculoskeletal/orthopedics sector of the health care industry. Today, VB is a leading independent firm with a mission to create, build and finance companies founded on innovations developed by surgeons and uniquely focused on "life changing" musculoskeletal/orthopedic technologies. VB has worldwide surgeon, industry and trade relationships and significant financial expertise in the musculoskeletal/orthopedic sector.

As principals of VB, the Viscogliosi brothers have a combined total of more than 35 years experience analyzing and investing in the musculoskeletal/orthopedics sector. The have pioneered innovative financial, strategic and management initiatives for companies in the sector, from start-up, seed and development stage all the way to exit, while helping thousands of people lead better lives through the orthopedic and spinal products marketed and sold by the companies they have assisted in developing and financing.
 
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Viscogliosi Bros., LLC is not an investment adviser, money manager, asset manager or otherwise give investment advice.