Ossur one of Europe's 500 fastest growing companies

10/21/05

This marks the fourth year since 1996 that Ossur is recognized



OCTOBER 17, 2005 (BRUSSELS, BELGIUM) – For the fourth time since 1996, Ossur, a trusted and leading global supplier of prosthetic and orthotic devices, has made the ranks of Europe's fastest growing companies. Ossur was listed No. 185 in 2005 Europe's 500, the annual ranking of high growth, job-creating companies published by Europe's 500 Entrepreneurs for Growth, and supported by Microsoft and KPMG.

This year, the five hundred dynamic, entrepreneurial-driven companies who qualified for Europe's 500 have managed to sustain growth since the year 2001, boosting employment and sales at an impressive average annual rate of 14%.

Ossur

Ossur (Icelandic Stock Exchange: OSSR) is a trusted and global leader in the development, manufacturing, distribution, sales and marketing of high technology orthopedic and prosthetic devices. With its head office in Reykjavik, Iceland, the company's U.S. sales and marketing headquarters are located in Aliso Viejo, California; the Canadian office in Vancouver, BC; the Nordic office in Uppsala, Sweden; and the European office in Eindhoven, Holland. The company has a considerable distribution network in other markets and over 900 employees worldwide. Given its mission to offer people a life without limitations, Ossur allocates an industry record of approximately eight percent of its revenue on medical technology research and development, and provides extensive education programs through the Ossur Academy. The company also sponsors a variety of community outreach programs and non-profit organizations. Website: http://www.ossur.com.

About Europe's 500

Europe's 500 has been published on an annual basis since 1996 and concentrates on the 25 EU member states plus Iceland, Norway and Switzerland. The organization researches, targets and selects high-growth companies and ranks them according to their David Birch Employee Growth Index. The listing is intended to focus attention on entrepreneurial achievement and fast-growth European companies. Its focus on job creation and growth in medium sized enterprises is unique and distinguishes it from other business rankings. Full information and the complete 2005 Europe's 500 Listing at: http://www.europes500.com.

Source: Eurekalert & others

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