GAINSVILLE, FL— Exactech Inc. (Nasdaq:EXAC), an orthopaedic device manufacturer, has closed its $25 million acquisition of Charlotte, NC’s Altiva Corp., a spinal products company.

Altiva, which offers a spinal fusion product line with implants and instrumentation that address major spinal pathologies, has assembled a strong spinal products portfolio by combining intellectual property acquisitions with various distribution agreements.

Altiva’s annualized sales revenue is approximately $13 million, based on the results of the first nine months of 2007. Altiva is expected to break even in terms of operating profit in the first half of 2008.

On the Web: www.altivacorp.com

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