Applied Spine Technologies Names New Chief Executive Officer

Craig Corrance Brings over 20 Years of Management Experience in the Global
Orthopaedic Industries
NEW HAVEN, Conn.--(Business Wire)--
Applied Spine Technologies, Inc. (AST) announced today that Craig Corrance, who
has more than 20 years of management experience in global orthopaedic
industries, has been named as the company`s new Chief Executive Officer.

Mr. Corrance was formerly the President for Centinel Spine, Inc. Prior to
Centinel, Mr. Corrance served in senior executive roles for both U.S. and
international orthopaedic and spinal product companies, of particular note
Altiva Corporation and Scient`x USA, where he was instrumental in building
businesses from start-up positions utilizing his experience of developing and
commercializing technologies, fund raising, acquisitions and strategic and
operational planning.

Mr. Corrance stated, "This is a tremendously exciting time to join AST, the
company has a cohort of patients maturing to a one year follow up with the
Stabilimax NZ system, has recently commenced upon a second tranche of patient
enrollment and collaborates with a renowned team of surgeons here in the United
States".

"Craig`s arrival extends the momentum that Applied Spine has enjoyed to date.
Craig is a key component within the company`s strategic plan and his experience
will assist with the positioning of AST as a world leader in motion preservation
via dynamic stabilization" said AST Board Director Jeff Barnes.

About Applied Spine Technologies, Inc.

Applied Spine Technologies, Inc. is developing Stabilimax NZ®, a posterior
dynamic stabilization device designed to support an injured or degenerated spine
without eliminating motion. The Stabilimax NZ® is a Dynamic Stabilization System
based on the biomechanical principles of the Neutral Zone, pioneered by Manohar
Panjabi, PhD. The Stabilimax NZ attempts to stabilize a patient`s lumbar spine
while preserving motion. The Stabilimax NZ IDE Clinical Study is underway at
selected sites around the US.

For further information, please visit www.legandbackpainstudy.com or, to find a
participating surgeon near you, visit www.clinicaltrials.gov and type
"Stabilimax NZ" in the search area.

Applied Spine Technologies, Inc.
Terrence J. Brennan, CFO
203-503-0280, x.19

Copyright Business Wire 2009