US BioDesign Provides OEM Services To Medical Device Customers

US BioDesign, based in Perkasie, Pa., has opened its doors to offer original equipment
manufacturing (OEM) services to the medical device industry. The company will focus on custom
designing implantable textile constructs made of polymeric and/or metallic raw materials for
cardiovascular, orthopedic, general surgery and neurological device applications.

The new company is led by industry veterans Tom Molz and Dr. Skott Greenhalgh, who in 2002
founded Secant Medical LLC — a developer and manufacturer of woven, knitted and braided custom
biomedical textile structures for medical devices, and formed as a subsidiary of Perkasie-based
Prodesco Inc. Prodesco and Secant Medical were acquired by United Kingdom-based Fenner Plc in 2008.

In 2006, Molz and Greenhalgh founded Stout Medical Group — a developer of technologies for
the medical device industry, also based in Perkasie — where they currently serve as president and
chief technology officer (CTO). Molz will serve as president and CEO of US BioDesign and Greenhalgh
will serve as CTO.

“All of our competitors are textile companies first, medical companies second,” Molz said.
“These competitors often quote multiple samples to solve their customer’s problem, taking
considerable time and charging significant development fees for these activities. US BioDesign is
set up on day one to be a medical company first and a textile company second. We realize the
importance of working with our customer to support their medical device — quickly and efficiently.”

“US BioDesign has designed and acquired some very unique equipment, including the world’s
largest medical braiding machine,” Greenhalgh said. “With this equipment and the strong skills of
our employees, all industry veterans, we are able to provide many specialized product solutions to
our customers.”

November 8, 2011