LDR Medical and LDR Spine Merge to Create LDR Holding Corporation
New Headquarters to be in Austin, Texas – Original Founder will Relocate and Lead Entity

Austin, TX - August 23, 2006
LDR has combined two separate organizations: LDR Medical, a French-based organization, and LDR Spine, a U.S.-based organization, to create LDR Holding Corporation. LDR, a privately held company, is an innovator in both non-fusion and fusion spinal implants. The new entity will be headquartered in Austin, Texas and led by Christophe Lavigne. Mr. Lavigne is an original founder of LDR Medical and has relocated to Austin to lead the newly merged organization.

The new structure was created to better align company strategies and to heighten LDR’s visibility as a global, integrated company within the spine industry. LDR was founded in 2000 by seasoned spine executives based in Troyes, France and now has sales in over 26 countries worldwide.

Recently, the company has focused efforts in the U.S. market by launching an investigational device exemption study (IDE) for its second generation Mobi-C® cervical artificial disc. They are also creating a sales force to introduce its innovative line of spinal fusion products into the highly competitive U.S. market.

Mr. Lavigne comments, “Our company has grown by helping European surgeons create new, innovative spine implants that address unmet or underserved needs. We are excited about creating these same types of relationships with U.S. surgeons. Our founders and investors thought it was important to have the new headquarters in the U.S. I agreed and have relocated to lead the critical steps towards our continued growth.”

Caution: The Mobi-C® Cervical Disc Prosthesis is an investigational device and is limited by federal law to investigational use only.

About LDR
LDR supplies surgeons worldwide with innovative spinal solutions for fusion and non-fusion needs. The company works closely with surgeons to develop implantable systems and instrumentation that restore optimum stability and mobility to patients, and make spine surgery more reproducible and easier to perform. More information is located at www.ldrspine.com.

About Path4 Ventures
Founded in 2004, Path4 Ventures LLC is a management-centric venture capital company based in Austin, Texas. The company identifies, creates and develops opportunities in the healthcare industry utilizing a "hands-on" management style by taking an active role in the technologies and opportunities in which it invests. More information is available at www.path4ventures.com.

FOR MORE INFORMATION:

Company Contact:
Jerry DeVries, Path4 Ventures
jerry@path4.com
http://www.path4ventures.com