K2M Announces U.S. Launch of the EVEREST(R) Deformity Spinal System at the Scoliosis Research Society 50th Annual Meeting

Company Continues Expansion of Complex Spine Portfolio With Fourth Differentiated Product Introduction in the Past Year


LEESBURG, Va., Sept. 30, 2015 (GLOBE NEWSWIRE) -- K2M Group Holdings, Inc. (Nasdaq:KTWO), a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies and techniques, today announced the U.S. commercial launch of the EVEREST® Deformity Spinal System at the Scoliosis Research Society (SRS) 50th Annual Meeting in Minneapolis, Minnesota. EVEREST Deformity is an expansion of the EVEREST family of products, which includes the EVEREST Degenerative and EVEREST Minimally Invasive Spinal Systems.

The EVEREST Deformity Spinal System includes state-of-the-art implant technology with several enhancing attributes to facilitate more efficient intraoperative use of the system. EVEREST Deformity features a top-loading pedicle screw in a variety of screw types and offers the ability to accommodate titanium and cobalt chrome rods in two different diameters. The Basecamp Deformity Rod Reducer, the system's efficient and versatile instrumentation, provides surgeons with multiple options during surgery in one system to help address the most difficult correction maneuvers for complex spinal pathologies.

"The EVEREST Deformity system offers versatility and adaptability by providing surgeons with a variety of solutions to complex spine pathologies, including choices in rod diameter, rod material, construct configuration, and deformity correction techniques," said Shay Bess, MD, chief of adult spinal deformity in the department of orthopedic surgery at the NYU Langone Medical Center's Hospital for Joint Disease in New York. "The EVEREST Deformity system offers a streamlined and comprehensive approach and adapts to each surgeon's preferred surgical technique, thereby allowing me to make the appropriate surgical decisions for my adolescent and adult patients."

"EVEREST Deformity was developed to reduce intraoperative steps while simultaneously providing innovative instrumentation to help achieve deformity correction," said Frank Schwab, MD, spine service chief at the Hospital for Special Surgery in New York. "The speed and control Basecamp provides exceeds my expectations and gives me the ability to reduce the rod and correct the spine in a controlled fashion."

The system includes EVEREST Polyaxial and Uniplanar Screws, which feature a dual-lead thread pattern for faster insertion and increased pullout strength. The EVEREST set screw features a modified square thread design that facilitates set screw introduction. The mixed-metal tulip minimized head splay and demonstrated improved biomechanical performance when tested against an all-titanium alloy screw. (Data available upon request.)

Another key feature of the EVEREST Deformity Spinal System is the Basecamp Deformity Rod Reducer, which provides 60 mm of quick or controlled rod reduction. Basecamp replaces the need for reduction screws, offers segmental reduction of the rod, and provides intraoperative flexibility. Placement of multiple Basecamp Tubes allows for sequential reduction and correction of the spine.

"2015 has been a year of complex spine innovation for K2M, and we are excited to be launching the EVEREST Deformity Spinal System during the 50th anniversary meeting of the Scoliosis Research Society," stated Eric Major, K2M's President and CEO. "EVEREST Deformity is the fourth differentiated complex spine technology we have introduced in the past year. Along with EVEREST Deformity, we have introduced the MESA® 2 Deformity Spinal System, our flagship product for adolescent idiopathic scoliosis, the NILE Alternative Fixation Spinal System, our low-profile band fixation technology, and the CAPRI Corpectomy Cage System, our trauma- and tumor-focused system offering new, unique intraoperative functionality. Together, these complex spine technologies further enhance K2M's position as a global leader in providing innovative solutions for complex spinal pathologies."

For more information on the EVEREST Deformity Spinal System and K2M's complete product portfolio, visit www.K2M.com.

About K2M

K2M Group Holdings, Inc. is a global medical device company focused on designing, developing and commercializing innovative complex spine and minimally invasive spine technologies and techniques used by spine surgeons to treat some of the most difficult and challenging spinal pathologies. K2M has leveraged these core competencies to bring to market an increasing number of products for patients suffering from degenerative spinal conditions. These technologies and techniques, in combination with a robust product pipeline, enable the Company to favorably compete in the global spinal surgery market. Additional information is available online at www.K2M.com.

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