WESTCHESTER, PA AND AUDUBON, PA – August 21, 2007 – Synthes, Inc. and Globus Medical, Inc. and certain distributors of Globus products jointly announce that, in return for a payment of $13.5 million to Synthes, an agreement by Globus Medical that it and its agents will not solicit or hire Synthes employees for one year until August 10, 2008, and the exchange of mutual general releases, the parties have resolved, without any admission of liability or wrongdoing by Globus, all six cases currently pending between them.

About Globus Medical, Inc.

Globus Medical, Inc. is one of the ten largest spinal implant manufacturers in the world, with more than $120 million in annualized revenues. Based in Audubon, Pa., the privately held company was founded in 2003 by an experienced team of spine professionals with a shared vision to create products that enable spine surgeons to employ both fusion and non-fusion solutions to promote healing in patients with spinal disorders. Globus Medical has a full portfolio of spinal fusion products, burgeoning initiatives in biomaterials development and minimally invasive approaches, and is among the world leaders in the development of motion sparing technology. Additional information can be accessed at www.globusmedical.com.