Precision Spine Announces Addition of New Board Member

PARSIPPANY, N.J. — Precision Spine, Inc. announced today that it has appointed Tony Dimun as a member of the Company’s Board of Directors and as a Special Advisor to the Company for business development and mergers and acquisitions.
James Pastena, Precision Spine’s Chief Executive Officer commented, “Tony and I have worked together on various business opportunities over the years. I am extremely pleased to welcome him to the Board and look forward to his contributions as Precision Spine pursues business development opportunities and acquisitions.”
Building upon his experience as a partner in a private equity group and a partner in a large accounting firm, Mr. Dimun has served in directorships for five publicly traded medical device companies. In investor and director capacities, Mr. Dimun helped develop numerous early stage medical device companies, with four becoming publicly traded and twelve being sold or merged into other companies.
In his positions as Executive Vice President and Chief Financial Officer of Vital Signs, a publicly traded medical device company, Mr. Dimun played a significant role in building that company over fifteen years through seventeen focused acquisitions that contributed significantly to its growth from $5 million to $250 million and ultimate sale to GE Medical for approximately $900 million.
“I am very excited to join the Board of Precision Spine and to help guide the future of the Company,” Mr. Dimun stated. “Precision Spine is an impressive emerging growth spine platform. I have great confidence in Jim and his management team as they execute their strategic plan to take the Company to the next level of excellence.”
About Precision Spine:
Precision Spine, Inc., the parent company of Spinal USA, Inc., is a privately held company headquartered in Parsippany, New Jersey, with manufacturing facilities in Mississippi. Precision Spine is dedicated to providing innovative, quality spine products that are designed to help treat serious orthopedic medical conditions in a cost effective manner. For more information, visitwww.precisionspineinc.com.