Fallbrook Engineering, Inc. Announces Award of Contract to Syprosoft, Inc. for the Development of Software for a Total Knee Arthroplasty System

Business Wire, Feb 11, 2006

VALLEY CENTER, Calif. -- Fallbrook Engineering, Inc. announced today that it had awarded a contract to Syprosoft, Inc. to develop software for a Total Knee Arthroplasty system that they are developing for a client.

Fallbrook Engineering is a contract product development, management, and engineering services consulting firm, serving the biotech, pharmaceutical and medical device industries. Syprosoft, Inc. is a research, development and engineering services firm with extensive experience in surgical, cardiovascular, radiology and diagnostics products.

"We are very happy to have the Syprosoft team bring their image processing and surgical systems experience to this project and work with us for a successful development of the TKA system," said Dick Meyst, President and CEO of Fallbrook Engineering, Inc. "We look forward to other future collaborations with Syprosoft on new product development projects."

"We are proud to have been selected by Fallbrook Engineering for the development of the software for the TKA system," said Dipu Ghosh, President of Syprosoft, Inc., "and are confident of adding real value to the development effort and look forward to similar collaborations with Fallbrook Engineering in the future."

About Fallbrook Engineering, Inc.

Founded in 1981, Fallbrook Engineering, Inc., located in Valley Center, California, is a contract product development, management, and engineering services consulting firm. Fallbrook Engineering exists to assist companies accelerate new products into the market place. Known for their history of money making, creative, and on time support, Fallbrook Engineering serves the biotech, pharmaceutical and medical device industries. They are experts in the design and development of diagnostic and therapeutic systems, processes, components and products.

About Syprosoft, Inc.

Founded in 2002, Syprosoft, Inc. is a privately held company located in Irvine, California, which operates two divisions. Syprosoft Engineering provides a full range of R&D services, including software, electrical and mechanical engineering. As an extension of a client's engineering department, Syprosoft Engineering provides the critical skills and expertise at the right time to help its clients meet their product development goals. Syprosoft International provides international marketing services, particularly in large and fast-growing markets, such as India and China. Leveraging its knowledge of a client's products, together with a network of local representatives, Syprosoft International helps establish a strong presence for its clients' products in international markets.

Disclaimer

This press release contains forward-looking statements. These are based on current expectations and beliefs and are subject to numerous risks, uncertainties and change. The parties disclaim any obligation to update any forward-looking statement as a result of developments occurring after this press release.