Orthofix International Announces Preliminary Fourth Quarter Sales and New Development Agreement with MTF

Orthofix International N.V., (NASDAQ: OFIX) announced today preliminary unaudited fourth quarter net sales are expected to be a record of approximately $151.3 million, increasing 5% over $143.8 million in the fourth quarter of the prior year. For the full year 2011, net sales are anticipated to be approximately $578.7 million. President and Chief Executive Officer Robert Vaters said, “I am very pleased with our preliminary net sales results, which represent the second consecutive quarter of record sales. I remain confident in our ability to grow faster than the overall markets where we participate.” The Company will be reporting final 2011 financial results along with 2012 guidance next month.