The first use of the Avive™ Soft Tissue Membrane was performed at The Buncke Clinic in San Francisco by Dr. Bauback Safa, M.D. F.A.C.S. and Dr. Andrew Watt, M.D. The implant was used in a revision of a crushed forearm."Avive™ provides a novel solution to a challenging problem," commented Dr. Safa. "Following traumatic injury, we are often concerned with potential scarring, adhesions and tethering of the nerve. Avive™ offers a material with the ability to reduce inflammation and scarring with handling properties that are ideal for applications in nerve surgery." The Company will be commenting on the launch of Avive™ Soft Tissue Membrane as part of the previously announced Analyst and Investor Event being held today in New York City. The program portion of the event will be webcast live beginning at 12:15 pm and can be accessed through the Investors page at www.axogeninc.com. For more information or to RSVP please contact AxoGenEvents@troutgroup.com. For those not available to listen to the live broadcast, a replay will be archived for 90 days and available through the Investors page on www.axogeninc.com. About AxoGen Inc. AxoGen Inc. (NASDAQ:AXGN) is a global leader in innovative surgical solutions for peripheral nerve injuries. AxoGen's portfolio of products includes Avance ® Nerve Graft, an off-the-shelf processed human nerve allograft for bridging severed nerves without the comorbidities associated with a second surgical site, AxoGuard ® Nerve Connector, a porcine submucosa extracellular matrix ("ECM") coaptation aid for tensionless repair of severed nerves, AxoGuard ® Nerve Protector, a porcine submucosa ECM product used to wrap and protect injured peripheral nerves and reinforce the nerve reconstruction while preventing soft tissue attachments and Avive™ Soft Tissue Membrane, a minimally processed human umbilical cord membrane that may be used as a soft tissue covering to reduce inflammation and scar tissue formation. Along with these core surgical products, AxoGen also offers AxoTouch™ Two-Point Discriminator and AcroVal™ Neurosensory & Motor Testing System. These evaluation and measurement tools assist healthcare professionals in detecting changes in sensation, assessing return of sensory, grip and pinch function, evaluating effective treatment interventions, and providing feedback to patients on nerve function. The AxoGen portfolio of products is available in the United States, Canada, the United Kingdom and several European and international countries. Cautionary Statements Concerning Forward-Looking StatementsThis Press Release contains "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or predictions of future conditions, events or results based on various assumptions and management's estimates of trends and economic factors in the markets in which we are active, as well as our business plans. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "projects", "forecasts", "continue", "may", "should", "will" variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements may include, without limitation, statements regarding our growth, our 2016 and 2017 guidance, product development, product potential, financial performance, sales growth, product adoption, market awareness of our products, data validation, our visibility at and sponsorship of conferences and educational events. The forward-looking statements are subject to risks and uncertainties, which may cause results to differ materially from those set forth in the statements. Forward-looking statements in this release should be evaluated together with the many uncertainties that affect AxoGen's business and its market, particularly those discussed in the risk factors and cautionary statements in AxoGen's filings with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those projected. The forward-looking statements are representative only as of the date they are made, and, except as required by law, AxoGen assumes no responsibility to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:AxoGen, Inc.Peter J. Mariani, Chief Financial OfficerInvestorRelations@AxoGenInc.comThe Trout Group - Investor Relations Brian Korb email@example.com