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Misonix, Inc. Retains Lytham Partners for Investor
Relations
Contact: Robert Blum, Joe Dorame, Joe Diaz
Lytham Partners, LLC
602-889-9700
www.lythampartners.com
Farmingdale, NY - January 25, 2012 - Misonix, Inc. (NasdaqGM:
MSON), a medical device company that designs, manufactures and
markets innovative therapeutic ultrasonic products worldwide for
wound debridement, spinal surgery, cosmetic surgery, neurosurgery,
laparoscopic surgery and other surgical applications, announced
today the retention of Lytham Partners, LLC to conduct a national
investor relations program.
Michael A. McManus, Jr., President and Chief Executive Officer
of Misonix, commented, "Misonix has taken some very important steps
over the last two years to streamline its business and to focus on
its core competencies in the therapeutic ultrasonic medical device
market. This renewed focus on our recurring revenue generating
BoneScalpel™, SonicOne®, and SonaStar® systems should position
Misonix for expanded growth and profitability into the future. We
operate in large markets that approach $3 billion worldwide and are
now focused on aggressively marketing our leading-edge products
that we believe can produce improved patient outcomes and cost
efficiencies. We have in place a combination of both direct and
regional distributors throughout Europe, Eastern Europe, Middle
East, India, South Africa, Australia, New Zealand, Latin America,
as well as here in the U.S."
"We have retained Lytham Partners to help us reintroduce and
appropriately position Misonix within the professional investment
community," continued Mr. McManus. "We believe Lytham Partners is
uniquely qualified to assist us in charting a course that will
reward our loyal shareholders as we move to execute our strategic
business plan. We look forward to a very successful
collaboration."
Joseph Diaz, managing partner at Lytham Partners, said, "We are
pleased to be working with Misonix. Mike McManus and his team have
repositioned this company to focus on developing and marketing
innovative ultrasonic medical device technology, including high
value disposables from their extensive patent portfolio. The
financial underpinnings of the company are strong with cash
exceeding $6 million and zero long-term debt. In the course of our
financial and strategic review, we became convinced that Misonix is
a compelling company with significant potential, particularly after
sitting in on demonstrations of their 'disruptive' technology,
which provides for fast, effective and safe procedures. We are
excited about the Company's prospects and its new execution
strategy. We believe this is a company with great opportunities
ahead."
About Lytham Partners
Lytham Partners, LLC provides expertise and guidance to mid- and
small-cap companies in the healthcare, technology, services,
agricultural, industrial, aerospace and defense segments, as well
as the consumer and capital goods industries. The firm is dedicated
to generating substantive communications programs with an emphasis
on developing management credibility via data, clear articulation
of achievable strategic plans, and timely interaction with
investors. For more information visit our website at www.lythampartners.com.
About Misonix, Inc.
Misonix, Inc. designs, develops, manufactures and markets
therapeutic ultrasonic medical devices. Misonix's therapeutic
ultrasonic platform is the basis for several innovative medical
technologies. Addressing a combined market estimated to be in
excess of $3 billion annually; Misonix's proprietary ultrasonic
medical devices are used for wound debridement, cosmetic surgery,
neurosurgery, laparoscopic surgery, and other surgical and medical
applications. Additional information is available on the Company's
Web site at www.misonix.com.
Safe Harbor Statement
With the exception of historical information contained in
this press release, content herein may contain "forward looking
statements" that are made pursuant to the Safe Harbor Provisions of
the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and are
subject to uncertainty and changes in circumstances. Investors are
cautioned that forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from the statements made. These factors include general economic
conditions, delays and risks associated with the performance of
contracts, risks associated with international sales and currency
fluctuations, uncertainties as a result of research and
development, acceptable results from clinical studies, including
publication of results and patient/procedure data with varying
levels of statistical relevancy, risks involved in introducing and
marketing new products, potential acquisitions, consumer and
industry acceptance, litigation and/or court proceedings, including
the timing and monetary requirements of such activities, the timing
of finding strategic partners and implementing such relationships,
regulatory risks including approval of pending and/or contemplated
510(k) filings, the ability to achieve and maintain profitability
in the Company's business lines, and other factors discussed in the
Company's Annual Report on Form 10-K, subsequent Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K. The Company disclaims
any obligation to update its forward-looking
relationships.
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