AMEDICA ANNOUNCES CORPORATE NAME CHANGE TO SINTX TECHNOLOGIES, INC.
October 31 2018 - 9:00AM
Amedica Corporation (NASDAQ: AMDA), a company that develops and
commercializes silicon nitride for biomedical applications,
announced that it has changed its corporate name to SINTX
Technologies, Inc. in order to better reflect its focus on silicon
nitride science and technologies and robust pipeline of silicon
nitride based products in various biomedical applications. The
company expects to change its trading symbol on the NASDAQ Capital
Market to “SINT” in approximately 10 days. In the meantime, shares
will continue to trade under the symbol “AMDA.”
“The previous name, i.e., Amedica, has
transferred to CTL Medical, which is now CTL-Amedica. Our new
corporate brand reflects both our core competence in the science
and production of silicon nitride ceramics, as well as encouraging
prospects for the future, as an OEM supplier of spine implants to
CTL-Amedica, and several opportunities outside of spine,” said Dr.
B. Sonny Bal, Chairman and CEO of SINTX Technologies. “As SINTX
Technologies, we will focus on developing silicon nitride in terms
of product design, and future biomaterial formulations, for a
variety of OEM customers.”
SINTX Technologies is an innovative biomaterials
and OEM company that develops and commercializes silicon nitride
for various biomedical applications including the spine, dental,
oral maxillofacial, podiatry, and arthroplasty markets.
In connection with its name change, the new
CUSIP number for the Company’s shares of common stock is
829392109.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 (“PSLRA”) that are subject to a number of risks
and uncertainties. Readers are cautioned not to place undue
reliance on the forward-looking statements, which speak only as of
the date on which they are made and reflect management’s current
estimates, projections, expectations and beliefs. A discussion of
those risks and uncertainties can be found in Sintx's Risk Factors
disclosure in its Annual Report on Form 10-K, filed with the
Securities and Exchange Commission (SEC) on March 29, 2018, and in
Sintx's other filings with the SEC. SINTX disclaims any obligation
to update any forward-looking statements. Sintx undertakes no
obligation to publicly revise or update the forward-looking
statements to reflect events or circumstances that arise after the
date of this report.
Contacts: SINTX IR 801-839-3502 IR@SINTX.com
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