Ossur Hf (ICE:OSSR) Ossur hf. (OMX: OSSR), an emerging global leader in the non-invasive orthopaedics market, today announced that Mahesh Mansukhani has joined the company as President of Ossur Americas. Mr. Mansukhani succeeds Eythor Bender who will remain on a consultancy role for the company.

Mr. Mansukhani, coming from the AlixPartners Consultancy Group, has a Yale University MBA. He has more than 12 years of experience in leadership roles within multiple sectors, including DuPont, where he led a $1.1 billion global manufacturing business unit.

"I speak for the entire Ossur team when I say how appreciative we are of Eythor's many contributions to Ossur's achievements." said Jon Sigurdsson, President and CEO of Ossur. "Mahesh has a strong track record in driving growth and innovation and we look forward to having him participate in driving Ossur's success in the future," Sigurdsson said.

About Ossur:

Ossur (OMX: OSSR) is a global leader in non-invasive orthopaedics that help people live a life without limitations. Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports, prosthetic limbs and compression therapy. A recognized "Technology Pioneer," Ossur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market. Successful patient and clinical outcomes are further empowered via Ossur's educational programs and business solutions. Headquartered in Iceland, Ossur has major operations in the Americas, Europe and Asia, with additional distributors worldwide. www.ossur.com

Ossur Hf

http://www.ossur.com

ISIN: IS0000000040

Stock Identifier: XICE.OSSR

US: ICE:OSSR

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