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össur annual report2009 - Euroland

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“The results for 2009 are good and show clearly the Company’s strength. Össur continues to be profitable and<br />

operations are sound. We believe that 2010 will be an exciting year for Össur.”<br />

In September, the Company was listed on NASDAQ OMX<br />

Copenhagen, and following the listing, a successful new<br />

shares offering was conducted. Since our initial listing in<br />

Iceland, Össur has transformed into a global company<br />

and it was a logical next step to list the Company in<br />

Copenhagen. At the end of the year just over 50% of our<br />

share capital was held by foreign investors. The additional<br />

listing in Copenhagen will facilitate trade, fair pricing of<br />

our shares and strengthen the Company’s foundation<br />

for future growth. As a symbol of the Company’s global<br />

standing, in November we were honored to be invited<br />

to ring the NASDAQ stock market closing bell in New<br />

York City. This symbolic event marked Össur’s tenth<br />

year of trading publically on NASDAQ OMX Iceland,<br />

and also commemorated our new listing on NASDAQ<br />

OMX Copenhagen.<br />

I would like to thank the investors for supporting the<br />

Company’s mission. This year’s performance will ensure<br />

this level of support continues. Investor support also<br />

allows us to re-invest a significant proportion of our<br />

revenues into R&D to maximize future innovations.<br />

Our aim, at all times, is to exceed our customers’<br />

expectations by delivering the products and services<br />

that will help them achieve their goals. At Össur,<br />

“Life Without Limitations” is more than a slogan; it has<br />

been our passion for close to 40 years. It is a philosophy<br />

that permeates every aspect of the business, from R&D<br />

to products and services. On a personal note, watching<br />

the progress of people like Rudy Garcia-Tolson, the<br />

young American sportsman and role model who<br />

recently became the first double below-knee amputee to<br />

complete an “Ironman”, and the incredible UK athlete<br />

Richard Whitehead who is the amputee World Record<br />

holder for marathons, is truly ample reward.<br />

Our mission is to improve people’s mobility. Each<br />

day we see the dramatic impact our products have on<br />

people’s quality of life. Whether they are Paralympic<br />

athletes or military heroes using prosthetics, or people<br />

using a knee brace to get back to their daily routine, the<br />

accomplishments of these everyday heroes constantly<br />

inspire us to go further.<br />

Jón Sigurðsson<br />

President & CEO<br />

3 <strong>annual</strong> report 09

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