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March 12, 2005

Oxford Performance Materials, Inc. Selects Gsell Engineering Plastics for Machining of OXPEKK® Implantable Polymer

European Customers of Implantable OXPEKK® Get More Supply Options

Enfield, CT (PRWEB) March 12, 2005 -- Oxford Performance Materials, Inc. (OPM) and Gsell Engineering Plastics AG (Gsell) have come to an agreement which enables Gsell to sell machined components produced from OXPEKK® implantable polymer. OPM's OXPEKK®-IG products have undergone ISO-10993 biocompatibility testing and are supported by a FDA Masterfile. This agreement allows manufacturers of implantable devices to purchase raw materials from OPM or finished machined devices directly from Gsell.

“It is our position that limiting device companies to the purchase of raw materials can result in burdensome supply chain costs”, said Scott DeFelice, President of OPM. “We have previously established a processing partner in the US for the implantable market and now we are pleased to extend to European customers a comparable arrangement. The European market is very dynamic and can best be serviced by firms experienced with the local business environments. This new relationship with Gsell will allow our customers the flexibility to do business in a manner most consistent with their individual circumstances.”

“Gsell is a premier European supplier of implantable machined polymer products. They have the experience and relationships to service our mutual customers in a highly efficient and professional manner. We are very pleased that our European market development strategy is now accelerating”, said Mr. DeFelice. Due to the nature of implantable materials and technical requirements, OPM will limit processing partner agreements to only those firms that meet the exacting technical standards established by OPM and its ultimate customers.

“Gsell Engineering Plastics specializes in machining of polymers for medical implants,” said René Gsell, President of Gsell. “We are continually looking for materials and technologies that our customers will find desirable. Our relationship with OPM will enable a more advantageous business process requested by our customers with a technologically advanced product.”

Founded in 1984, Gsell is a Swiss company specializing in machining of high performance plastics. The firm produces a broad range of implantable and other critical products to its customers exacting specifications, serving the European marketplace. Please visit Gsell Engineering Plastics at www.gsell.ch

Founded in March 2000, OPM has rapidly become an industry leader in the ultra-high performance thermoplastic polymers market. The firm's versatile OXPEKK® polymers are currently being used in the space and defense, medical, semiconductor, and industrial markets worldwide. For additional information, please visit www.oxfordpm.com

Posted by Industrial at March 12, 2005 11:19 PM

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