Magic Venture Capital, Vector Fund Management, and Onset Ventures funding will fuel the company's future growth

For Immediate Release

November 23, 1998

Contact:	Darla Jannetty
	Manager, Corporate Communications
	Spinal Concepts, Inc
	1-800-326-0635

Austin, Texas -- November 23, 1998- Spinal Concepts, Inc. today announced that they have closed on an $8.2 million round of venture capital. These funds will be used to expand the company's sales and marketing efforts, fund the company's ongoing clinical trials for the InFix(TM) Interbody Fusion System and support current research & development activities.

"This funding comes at a critical time in our company's development and confirms the value we place on our innovative and technologically advanced products for the treatment of spinal disorders", said Vincent J. Jannetty, President and CEO of Spinal Concepts. Mr. Jannetty added "The spinal fixation market is the fastest growing segment of the orthopedic industry and the company's broad-based, differentiated product lines position us to capitalize on this market opportunity."

Vector Fund Management led this financing round. "We are excited to be involved with Spinal Concepts. The company's experienced management team and unique products give them the opportunity to become a significant player in this dynamic market segment", stated K. Flynn McDonald, Managing Director of Vector Fund Management. Other major investors in the company include Magic Venture Capital and Onset Ventures. Since inception of the company in June of 1996, Spinal Concepts has raised over $12 million in private and venture based capital.

Spinal Concepts, Inc, based in Austin, Texas, is a privately held medical device company dedicated to providing the surgical community with safe, advanced technological spinal implant products used in the treatment of spinal disorders, diseases and injuries.