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Governor Deval Patrick Joins Celebration Of NxStage's New Headquarters, Applauds Company's Commitment To Growth In Massachusetts

Stocks in this article: NXTM

LAWRENCE, Mass., Oct. 16, 2012 /PRNewswire/ --  NxStage® Medical, Inc. (Nasdaq: NXTM), a leading manufacturer of innovative dialysis products, celebrated the grand opening of its new headquarters in Lawrence, Massachusetts, in a special ceremony this week with Governor Deval Patrick and other local officials. The event, which included a formal ribbon-cutting ceremony, tour of NxStage's new headquarters at Riverwalk Properties in Lawrence and product demonstrations, took place Monday, October 15th. Speakers included Governor Deval Patrick, Congresswoman Niki Tsongas and NxStage Medical CEO Jeffrey Burbank.

(Logo:  http://photos.prnewswire.com/prnh/20110503/MM94799LOGO)

As one of the largest and fastest growing medical device companies in Massachusetts, NxStage continues to contribute to the growth and vitality of the area. NxStage's new 137,000 square foot facility replaces its prior 58,000 square foot headquarters and houses the company's 300 employees within research and development, sales and marketing, customer and technical support and other functions. NxStage's new headquarters remains in Lawrence, Massachusetts, and is expected to accommodate the company's future growth.

"Thanks to our growth strategy of investing in education, innovation and infrastructure, Massachusetts continues to lead the world in life sciences," said Governor Patrick. "I congratulate NxStage on this significant achievement and for reaffirming its commitment to Massachusetts."

"As the leader in home hemodialysis, NxStage is revolutionizing renal care with innovative technologies including our System Oneā„¢, which provides life-changing therapy to thousands of patients," stated Jeffrey H. Burbank, Founder and Chief Executive Officer of NxStage Medical. "We are very appreciative that the Governor and others recognize the importance of what we're working to accomplish to ensure that this life-changing therapy option is available to all dialysis patients."

During the event, local officials and community members toured NxStage Medical's new facility, viewed demonstrations of innovative dialysis products and met with local patients and families who have benefitted from home hemodialysis with the NxStage System One.

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