CARLSBAD, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced it is the recipient of the Annual Spine Technology Award for 2022 for its DEXA Technology™ Bone Density-Matched Interbody Implants.

Aurora’s DEXA Technology was recognized by RRY Publications LLC and the Orthopedics this Week magazine for its innovative technology developed to match spinal implants to patients’ bone density. The award will be handed out at the 37th Annual Meeting of the North American Spine Society (NASS) in Chicago, USA.

Aurora Spine’s first-of-its kind DEXA Technology™ is designed to match a patient’s bone density, promote bone in-growth while maintaining the biomechanical structure and bone support. This innovative idea is being utilized to manufacture implants that match the patient’s specific bone density based on a DEXA Scan/T-score allowing for the best bone fusion treatment and most favorable outcome.

Aurora Spine’s DEXA Technology™ is part of the company's advanced portfolio representing the future of Spinal and Orthopedic implants. Following fundamental principles of patent focused innovation, DEXA Technology™ was logically created and patented to combine the essential design benefits of conventional machining, 3D printing, and additive implant manufacturing.

"We are honored to receive this prestigious award and the orthopedic industry’s recognition for our work as our DEXA Technology™ is the world’s only innovation of its kind that provides surgeons with additional solutions in selecting the right implant for their patient," said Trent Northcutt, CEO of Aurora Spine.

Laszlo Garamszegi, Chief Technology Officer of Aurora Spine, added “We thank Orthopedics This Week and the distinguished panel of spine surgeons for the 2022 Best New Spine Technology Award and for their consideration of Aurora’s DEXA Technology, which is a tremendous acknowledgement of the hard work and dedication of our team and our physician partners.”

Aurora Spine is focused on bringing new solutions to the spinal implant market through a series of innovative, minimally invasive, regenerative spinal implant technologies.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurora Spine, including, without limitation, those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Information" in Aurora Spine's final prospectus (collectively, "forward-looking information"). Forward-looking information in this news release includes information concerning the proposed use and success of the company’s products in surgical procedures. Aurora Spine cautions investors of Aurora Spine's securities about important factors that could cause Aurora Spine's actual results to differ materially from those projected in any forward-looking statements included in this news release. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and may be forward-looking and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ unilaterally from those expressed in such forward-looking statements. No assurance can be given that the expectations set out herein will prove to be correct and, accordingly, prospective investors should not place undue reliance on these forward-looking statements. These statements speak only as of the date of this press release and Aurora Spine does not assume any obligation to update or revise them to reflect new events or circumstances.

Trent Northcutt President and Chief Executive Officer (760) 424-2004

Chad Clouse Chief Financial Officer (760) 424-2004 www.aurora-spine.com

Adam Lowensteiner  LYTHAM PARTNERS, LLC Phoenix | New York Telephone: 646-829-9700 arosf@lythampartners.com

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