TranS1 Appoints Mark Stautberg to Board of Directors
19 February 2013 - 11:30PM
TranS1 Inc. (Nasdaq:TSON), a medical device company focused on
designing, developing and marketing spine products to treat
degenerative conditions of the spine affecting the lumbar region,
announced today that it has appointed Mark Stautberg to serve on
its Board of Directors. Mr. Stautberg has over thirty years of
experience in management and sales in the medical device industry.
"Mark brings significant experience in executive sales
management of medical devices including new product launches,"
stated Ken Reali, President and CEO of TranS1 Inc. "We believe
Mark's background will provide the board with valuable perspective
as we enter an important growth period and continue to strengthen
our direct sales force and strategy."
Mr. Stautberg, 53, currently serves as a sales and marketing
consultant for multiple medical device companies. From 2004 to
2012, he served as a consultant to Boston Scientific Corporation's
Cardio Rhythm Vascular Division. Prior to his service as a
consultant, Mr. Stautberg was employed by Boston Scientific's
Cardiovascular Division, serving as Senior Vice President of Sales
from 1998 to 2004 and in other positions from 1991 to
1998. Mr. Stautberg previously served on the board of
directors and as a consultant of Sealing Solutions, Inc., a
vascular sealing company, from 2007 to 2010 and FlowCardia, Inc., a
chronic total occlusion device company, from 2004 to 2010. Mr.
Stautberg received a B.B.A. degree from the University of
Cincinnati and has completed executive programs at Columbia
University.
About TranS1 Inc.
TranS1 is a medical device company focused on designing,
developing and marketing products to treat degenerative conditions
of the spine affecting the lumbar region. TranS1 currently markets
the AxiaLIF® family of products for single and two level lumbar
fusion, the VEOTM lateral access and interbody fusion system and
the VectreTM posterior fixation system for lumbar fixation
supplemental to AxiaLIF fusion. TranS1 was founded in May 2000 and
is headquartered in Wilmington, North Carolina. For more
information, visit www.trans1.com.
CONTACT: Investors:
TranS1 Inc.
Joe Slattery, 910-332-1700
Executive Vice-President and Chief Financial Officer
or
Westwicke Partners
Mark Klausner, 443-213-0501
mark.klausner@westwicke.com
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