Archived News by year

Thanks for the memories - what a year!

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That was the year that was! Ossur accolades, awards and recognition

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Rheo Knee™ showcased in China

The Chinese have had their first introduction to Ossur's Rheo Knee system, thanks to Reha International, our distributor in the region.
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JSPO 2005

Interest in the Rheo Knee(tm) system continues to grow in Japan following a presentation of Bionic Technology by Ossur at JSPO - the annual scientific meeting of the Japanese Society of Prosthetics and Orthotics.
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The World Economic Forum announces new class of technology pioneers for 2006: Ossur selected

The World Economic Forum today announced 36 Technology Pioneers for 2006. Ossur has been selected as one of these Technology Pioneers.
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Ossur teams up with leading orthopaedic company IMP

Ossur announced today that it has acquired UK company Innovative Medical Products Holdings Ltd (IMP). The company manufactures orthopaedic products and is the UK sector's largest sales and distribution business.
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Japanese CPOs focus on the Rheo Knee

Four of Japan's top CPOs arrived at Ossur Asia Pacific's new education center recently for two intensive days of Rheo Knee training. Joining them was Koichiro Sumi, the first patient model from Japan to try the Rheo Knee.
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Stuart Hughes - back from the Death Valley Challenge

A 200-mile cycle ride across the notorious Death Valley in California in November has raised more than GBP 15,000 to help clear areas blighted by landmines. The trip went without a hitch - mechanically or prosthetically - according to British TV producer Stuart Hughes, who lived to tell the tale!
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Limbless Association Prosthetic and Orthotic Awards 2005

Ossur's innovative socket solution - the Iceross ® Transfemoral Seal-in Liner(tm)- has been recognized in the UK with a Prosthetic Product Innovation Award from the nation's leading amputee group, the Limbless Association (LA).
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Orprotec 2005

Spain's eighth international fair for orthopaedics and assisted living "Orprotec 2005" takes place this week in Valencia. From 24-26 November the focus will be on technology for the disabled and senior citizens.
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All time high at Sweden's Ortopedteknik 2005

Gothenburg in Sweden was the venue for one of Europe's largest O&P gatherings last month. For the first time in profession's history, Swedish prosthetists, orthopedic technicians and ortho-shoe specialists combined their annual meetings.
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Ossur's POWER KNEE wins Popular Science magazine award

The first powered prosthesis for lower-limb amputees, has today been honored by Popular Science, the world's largest science and technology magazine. The latest development in bionic technology from Ossur, the POWER KNEE, wins the 2005 'Best of What's New' Award in the Personal Health category.
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Ossur Asia Pacific at your service

A new Ossur facility in Sydney is now welcoming customers from across the Asia Pacific region. Five members of the Kawamura Gishi and Pacific Supply distribution team joined staff in mid-October for the center's first training session.
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Ossur nominated for 2005 World Technology Network Award

Ossur regarded as best and brightest in the Health and Medicine Category
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Össur's own Sarah Reinertsen becomes first female amputee to complete the legendary Hawaiian Ironman Course

Athletic triumph places her squarely in the media spotlight.
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Investor meetings - Conference call Q3 2005

On Thursday, 27 October, Ossur will host briefings for investors. A telephone conference in English will be held at 12:00, local time, 14:00 CET.
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Ossur hf. is one of Europe's 500 fastest growing companies

Outstanding employment growth earns Ossur 185th place on 2005 Europe's 500 Listing.
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Amputee team makes history at the Eindhoven marathon

On a warm October day the sun shone down on a unique European team of four relay runners who were making history at the Eindhoven marathon.
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Ironman triumphs

The Ford Ironman World Championship in Kailua-Kona, Hawaii, last Saturday brought new challenges and triumphs. Team Ossur member, Sarah Reinertsen, completed her "unfinished business" in style, becoming the first woman amputee athlete ever to finish the race.
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Changes in shareholders of Ossur

Today 19.5% of share capital in Ossur changed owners, when AB Industrivarden of Sweden sold 75 million shares to William Demant Invest A/S of Denmark, Eyrir Invest ehf. and Vik Investment Holding S.a.r.l, a holding company owned by Jón Sigurdsson, President & CEO of Ossur.
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Rehacare in Duesseldorf, 12 - 15 October

The Rehacare international exhibition opens its doors again in Duesseldorf, Germany, on October 12.
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Ossur proud to support AOPA

In the midst of a period which has seen significant sales growth and the recent acquisition of Royce Medical, Ossur kept up the momentum last week at the National Assembly of the American Orthotic and Prosthetic Association (AOPA) in Las Vegas where it was a proud gold sponsor of the event.
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Ossur Congratulates Hugh Herr on Popular Mechanics 2005 Breakthrough Leadership Award

Ossur today joined Popular Mechanics magazine in congratulating Hugh Herr, director of the Biomechatronics Group at The MIT Media Lab, upon the presentation of Popular Mechanics' 2005 Breakthrough Leadership Award for his work with Ossur on the development of the Rheo Knee(tm), among other projects.
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European amputee team to run Eindhoven Marathon
- 9th October

For the first time in the history of the Eindhoven Marathon, a unique team of four disabled European athletes will be participating by way of a relay race. Sponsored by Ossur, the four amputees will run the 2005 marathon using specially developed sports prostheses.
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Substantial oversubscription in Ossur's share offering

Owners of 96.3% of the share capital in Ossur hf. used their pre-emptive rights in the company's share offering to current shareholders which took place from 19 to 23 September. The shareholders subscribed for shares amounting to ISK 8.3 million in total value, which exceeds by 62% the shares offered.
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Ossur captures Frost & Sullivan Technology of the Year Award

Yesterday, Ossur received the 2005 Frost & Sullivan Technology of the Year Award for the European medical devices market. The award, given to the company that has developed and introduced an innovative technology capable of significantly redefining the technological and competitive landscape of the market, commends Ossur for its pioneering RHEO KNEE.
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Ossur and Victhom Human Bionics Inc. join forces in a long term collaborative agreement

Ossur hf. (ICEX:OSSR) and Victhom Human Bionics, Inc. (TSX: VHB), announce that they have signed an Agreement based on the development and commercialization of a complete new pipeline of products using Ossur's knowledge of the industry and Victhom's breakthrough Bionic Technologies.
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Join Ossur at the AOPA National Assembly in Las Vegas September 25 - 28!

As a Gold sponsor of the 2005 National Assembly of the American Orthotic and Prosthetic Association (AOPA), Ossur invites you to join us for clinical presentations, special entertainment, new product launches and creative give aways. Visit us at booth #102 for fun, education and cool stuff!
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Prospectus regarding share offering 19-23 September

The share offering of Ossur hf. commences on Monday 19 September 2005 at 10:00 a.m. and closes at 5:00 p.m. on Friday 23 September.
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Announcement - Increase of share capital

The Ossur hf. Board of Directors has resolved to exercise its authorization, granted at the Shareholders' meeting on 19 August 2005, to increase the share capital by an amount up to IKR 4.100.000 in nominal value.
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Announcement from Ossur hf

Ossur hf. - Negotiating possible acquisition
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A new life has begun!

Welcome to the world Finley! Congratulations to our regular diarist Jim Bonney and his wife Kirsty, who have just given birth to their second son.
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Shareholders' meeting of Ossur hf.

The Shareholders' meeting of Ossur hf. was held at Nordica Hotel, Sudurlandsbraut 2, Reykjavík, on 19 August 2005
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A leap of faith

The highlight of International Paralympic Day in Bonn will be the highly competitive long jump according to events organisers the IPC. On August 27 in Bonn, Germany, no less than four Team Ossur champions will be coming together for the first and only time in 2005, ready to battle it out for what is one of the most technically challenging sports for amputees.
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Better care - ACA conference opens 11 August

Ossur is delighted to be a gold sponsor of the annual educational conference & exposition of the Amputee Coalition of America (ACA). The three-day event is being held at the Fairmont Hotel in Dallas, Texas, and will offer participants a wide variety of activities, including the opportunity to keep abreast of new technological developments.
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Announcement from Ossur hf

Ossur has today taken over the operations of Royce Medical Holding Inc. Payments have been delivered and both parties have fulfilled conditions according to the purchase agreement dated July 27th.
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Ossur hf. Shareholders' Meeting

The Board of Directors of Ossur hf. announces a shareholders' meeting of the Company to be held at the Nordica Hotel on Sudurlandsbraut 2, Reykjavik, Friday, 19 August 2005 at 8:30 a.m.
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Facility agreements signed

Ossur hf. and Kaupthing Bank hf. have today signed facility agreements worth $313 million in connection with the acquisition of Royce Medical Holding Inc. The financing is broken down as follows:
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Investor meeting - Conference call for Q2 2005

On Wednesday, August 3rd, Ossur hf. will host a presentation meeting for investors. At the meeting, Jon Sigurdsson, CEO, and Hjorleifur Palsson, CFO, will discuss the Company's operation over the quarter.
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Ossur Acquires U.S. Orthotics Company Royce Medical

Today it was announced that Ossur has acquired Royce Medical Holding Inc, an orthotics manufacturer based in Camarillo, California in a transaction valued at approximately 216 million USD. This is Ossur's largest acquisition to date, and is in line with Ossur's strategic growth plans of increased focus on the orthotics industry while maintaining its strong position in the prosthetics market.
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Ossur Acquires US Orthotics Company Royce Medical

July 28, 2005 (REYKJAVIK, ICELAND) - Ossur, a trusted and leading global supplier of prosthetic and orthotic devices, announced today that after finalizing due diligence, it has agreed to acquire orthotics manufacturer Royce Medical Holding Inc, of Camarillo, California, in a transaction valued at approximately 216 million USD. The transaction is expected to close in August 2005 and is subject to US regulatory approvals.
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Ossur 2nd Quarter Report for 2005

The Ossur hf. interim Consolidated Financial Statements for the second quarter of 2005 was approved at a meeting of the Board of Directors on 27 July.
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Ossur Financial Statement for Q2 2005

Ossur has announced its financial results for Q2 2005
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Ossur financial news delivered to your desktop

Investors and other interested parties can have financial news from Ossur delivered to their RSS readers. This service is offered in addition to the Company's 'investor mailing list' and news service here at www.ossur.com.
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Once was not enough - Team Ossur's Marlon Shirley wins ESPY Award for second consecutive year

Marlon Shirley has become a two-time recipient of the prestigious ESPY award for Best Male Athlete with a Disability 2005. Our congratulations go to Marlon, to other Team Ossur nominees Paul Martin and Rudy Garcia Tolson, and to our friends - recipients of the Arthur Ashe Courage award, Emmanuel Ofosu Yeboah and Jim Maclaren.
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Rebuilding lives

This week marks the tenth anniversary of the Srebrenica massacre, the single worst atrocity in Europe since the end of World War II, and part of the tragic conflict in Bosnia-Herzegovina. An estimated 5,000 people lost a limb during the conflict and, as part of a continuing effort to contribute to the rebuilding of the area, Ossur recently agreed to send a shipment of 300 new prosthetic limbs to be sent to the area. The company has also announced its participation in the humanitarian aid effort in Iraq.
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JAPO meeting 16-17 July

Omiya Sonic City plays host this week to the 12th meeting of the Japanese Academy of Prosthetists and Orthotists. Around 600 Japanese professionals will be focusing on evidence-based medicine and how the collection of comprehensive data can help to inform and improve patient outcomes.
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Ossur's Bionic line wins gold international award for best branding/corporate identity of the year

Ossur has announced that the distinctive logo for its newly unveiled bionic line of prosthetics -- and the design firm responsible for its creation -- Skaggs Design + Advertising, have been recognized by the San Francisco-based Medical Marketing Association as deserving of the 2005 Gold International Award of Excellence (IN-AWE) for the best branding/corporate identity development of the year.
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Vote for Rudy, Paul and Marlon!

Congratulations to Team Ossur members Rudy Garcia-Tolson, Paul Martin and Marlon Shirley who have all been nominated for this year's Excellence in Sports Performance awards. The ESPY awards, as they are known, were created by the Entertainment Sports Premier Network, the biggest sports cable network in the US.
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First ISPO congress in Czech Republic

The beautiful city of Prague was the venue for the very first ISPO scientific congress to be held in the Czech Republic this month. The one-day conference on June 13 brought together international presenters and participants from the fields of prosthetics, orthotics, biomechanics, rehabilitation, surgery and universities, with a clear focus on multidisciplinary approaches in prosthetics and orthotics.
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New online learning centre

Now there is a new way to view Ossur's great online training modules for prosthetists and technicians. The American Academy of Orthotists and Prosthetists (AAOP) has just launched a new Online Learning Centre at www.oandp.org/olc and Ossur presentations are available here free of charge.
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Ossur v. Bledsoe Brace Systems

A federal district court judge in Seattle, Washington has issued an order following post trial motions in a lawsuit between Generation II and Bledsoe Brace Systems.
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Triple Expedition II - Dutch duo on Icelandic mission to highlight cystic fibrosis

This week, Jesaja Bouman and Joeri Rooij from the Netherlands rolled into Reykjavik at the end of a unique 250-mile expedition in Iceland, a trip that has taken them across the lava fields, over mountains, past active volcanoes and through almost 80 streams and rivers. Sponsored by Ossur, the pair are on a mission to raise awareness and funds for the crippling illness, cystic fibrosis.
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Knee-trial program offered free of charge in US

Ossur North America is now offering US prosthetists the opportunity to trial the Total Knee® 2000 and the Mauch® Gaitmaster Low Profile free of charge in its new 30-day trial program. For both amputees and their prosthetists, it is important to try different knee designs in order to evaluate which product best suits different people. Ossur North America now offers more time to make the best decision.
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Setback for Shirley

Team Ossur's Paralympic gold medallist Marlon Shirley has had to pull out of the Visa Paralympic World Cup this weekend. The American sprinter has a hamstring injury and is unable to compete. Our commiserations Marlon - we wish you a speedy recovery!
Visitors to the World Cup in Manchester, UK, please note that the athletics program will now start at 11.55am, earlier than previously billed.
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Oscar Pistorius is now a member of Team Ossur

Oscar Pistorius is fast becoming known as the "fastest thing on no legs"! A double amputee, the 18-year-old Oscar is still a school boy in Pretoria, South Africa. He is also a world record holder over 100, 200 and 400 metres.
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Helping others to help themselves

Losing a limb is difficult for anyone, but picture yourself as a refugee; traumatized, homeless and fleeing from conflict. You have nowhere to turn for prosthetic care and, without artificial limbs, you have little hope of sustaining yourself or your family. News from Team Ossur's Gracie Rosenberger and other organisations bringing hope and solutions to parts of the developing world, is featured in the new issue of our email bulletin Best Foot Forward.
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Move on up!

The legendary physical therapist Bob Gailey flew into Manchester last week to work with the British Association of Chartered Physiotherapists in Amputee Rehabilitation (BACPAR). Hugely successful, the national workshop sponsored by Ossur was, in Bob's words, about "a coming together of physios and prosthetists in order to give our patients more mobility and a better outcome".
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Ready to run

Keith Klein was one of the very first contributors to Ossur's Walk Tall forum some two and a half years ago. His son Tomas was born with no tibiae and had to undergo bilateral through-the-knee amputation. Today Tomas is a lively four-year-old and the Klein family are getting ready to go to CAF’s San Diego Triathlon Challenge. Keith charts the family's progress…
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Ossur First Quarter Report for 2005

The Ossur hf. interim Consolidated Financial Statements for the first quarter of 2005 was approved at a meeting of the Board of Directors on 28 April.
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Meeting with Ossur management

An open meeting teleconference with Company officers was held Friday April 29 2005. At the meeting, Jón Sigurdsson, CEO, and Hjorleifur Palsson, CFO, discussed the operations of the quarter. The teleconference is accessible at the link below.
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Ossur Financial Statement for Q1 2005

Ossur has announced its financial results for Q1 2005
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Investor meeting - Conference call for Q1 2005 Update

Friday, April 29th, investors and other interested parties are invited to participate in an open conference with the Company's Management, where Mr. Jon Sigurdsson, President & CEO, and Mr. Hjorleifur Palsson, CFO, will discuss the results of the first quarter of 2005.
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THE VIPER (it's got bite)

We are delighted, as always, to share the latest news from Team Ossur member and founder of Generation Hope, Denny Chipollini. Denny, who is already in training for the Philadelphia Triathlon in June, met up recently with Ossur's very own Sarah Reinertsen. He's also over the moon about his daughter's first crush!
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Investor Relations Magazine Nordic Awards 2005

Ossur hf. has been nominated for Best Investor Relations for an Icelandic company (large and mid cap) for the fourth year in a row. Ossur received the Award in 2002 and 2003.
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Rheo Knee featured again on CNN Headline News

Ossur in Technology Review magazine's May 2005 cover story on "Ten Emerging Technologies"
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Ossur vs. Bledsoe Brace Systems - Statement

On April 5, 2005, a federal district court jury in Seattle, Washington, found that knee braces manufactured and sold by Medical Technology Inc., dba Bledsoe Brace Systems, infringe two patents owned by Generation II Orthotics and licensed to Generation II USA, Inc. Generation II Orthotics and Generation II USA Inc. are subsidiaries of Ossur.
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ACA curriculum aid helps children explore disability issues

The Amputee Coalition of America (ACA) has just digitized its 'Limb Loss Education & Awareness Program' (LLEAP) for use as a teaching tool. The curriculum manual, photographs, stickers and bookmarks can be downloaded at no cost from the ACA website.
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Surfin' safari

Bibian Mentel is one of those people who show us just how to shake off banality and the bonds of conventional wisdom.
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Ironman World Championship Broadcast Receives Three Emmy Nominations

The 2004 Ironman World Championship that aired on NBC on November 20, 2004 was among the nominees announced Wednesday by the National Academy of Television and Arts and Sciences for the 26th Annual Sports Emmy Awards. The broadcast was nominated for Outstanding Sports Special, Outstanding Camera Work and Outstanding Short Feature: Sarah Reinertsen.
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Ossur at AAOP in USA

The annual meeting of the American Academy of Orthotists and Prosthetists (AAOP) will be held this week in Orlando, Florida from March 15 - 19.
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Get ready to be inspired at BAPO 2005

The annual conference of the British Association of Prosthetists and Orthotists (BAPO*) kicks off in Blackpool on Friday 4 March. Pierre Gauthier from the International Committee of the Red Cross is a key guest speaker at the UK's largest annual conference in its field.
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Results of the Annual General Meeting

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Ossur Annual Report for 2004

The Ossur Annual Report for the year 2004 has now been published.
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Sarah Reinertsen in the news - again!

Team Ossur's Sarah Reinertsen continues to dominate mainstream media with a great write up in the Transition Times.
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Ossur Annual Meeting 2005

Ossur's Annual General Meeting takes place in Reykjavik on February 25, 9am, at the Grand Hotel, Sigtun 38.
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Rheo Knee™ at the Hanger Education Fair

Ossur kicked off the 2005 US trade show tour at the Hanger Education Fair in Reno, Nevada on Feb 23rd and 24th.
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GII Paradigm custom brace - launched at AAOS meeting in DC

Ossur will be displaying the GII Orthotic product line at one of the largest trade shows of the year, the American Academy of Orthopedic Surgeons meeting, held in Washington DC February 23-27.
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FINALLY! Good news for people afflicted with knee osteoarthritis

Do you suffer from Knee Osteoarthritis (Knee OA) or know someone who does?
On Monday February 14th at 6pm Central Time/USA, renowned researcher Dr. Fabian E. Pollo, director of Orthopaedic Research at Baylor University Medical Center, was interviewed on American Health Radio regarding important findings about Ossur GII's Unloader Brace that will come as a relief to people looking for an effective and non-invasive alternative to Cox2 inhibitors.
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Ossur Annual Financial Statements for 2004

The Ossur hf. Annual Consolidated Financial Statement for the year 2004 was approved at a meeting of the Board of Directors on 7 February.
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Meetings with investors

Live broadcastWednesday, 9 February, Ossur will be hosting meetings with investors. At 8:15 a.m., (GMT), 9:15 CET, investors and other interested parties are invited to participate in an open conference with the Company Management. A telephone conference in English will be held at 14:00, local time, 15:00 CET, the meeting will be broadcasted here on ossur.com.
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Ossur has announced its financial results for 2004

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It's Official. Ossur's Rheo Knee(r) is Available

A Bionic Solution for Amputees Makes History
Ossur has announced the beginning of a new era in prosthetic technology, with the official debut of its Rheo Knee, under the company's equally new Bionic brand.
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Hanger Education Fair

Ossur is proud to be part of this year's Hanger Education Fair held in Reno, Nevada. The theme for the fair is "Growth, Challenge, Change" and will address the state of today's O&P industry.
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Hard decision for a parent to make

Abigail Dowling writes us from the UK: I have just read Jim Bonney's story and I am a parent who needed to decide if amputation was right for our 3year old son. I have decided to write our story and we hope that it gives Jim and other amputees some confidence and encouragement with their decision to amputate.
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Team Ossur Marlon Shirley on the Early Show Wednesday

[Update]Team Ossur athlete, Marlon Shirley, will appear on "The Early Show" on CBS (7am - 9am) this Thursday, January 6th. Shirley will be featured with amputee, Brain Wilhem, a US soldier who lost his leg below the knee in Iraq.
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