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Keystone Dental Announces Acquisition of Osteon Medical

  • Significantly increases Keystone's global visibility in the dental market with innovative solutions and a premium–value proposition
  • Provides Keystone a synergistic sales opportunity to expand in the $5 billion dental implant market
  • Enhances Keystone's platform with easy–to–use, innovative and unique digital solutions that increase accuracy and treatment efficiencies

BURLINGTON, Mass., Sept. 01, 2021 (GLOBE NEWSWIRE) — Keystone Dental Inc. ("Keystone"), the largest independent dental implant company operating in North America, announced today that it has completed the acquisition of Osteon Medical, a Melbourne, Australia–based technology company providing digital solutions for clinicians and dental laboratories leveraging proprietary software and unique hardware developments, significantly improving digital workflows.

The transaction significantly increases Keystone's global visibility in the dental market with innovative solutions and a high value proposition. In addition, it immediately provides Keystone with the opportunity to market a full–arch implant portfolio through dedicated production facilities in both Melbourne and Osaka, Japan. Osteon's newly patented Nexus iOS mapping technology and scanning system provides the first of its kind digital solutions to dentists and dental laboratories across the world. In addition, Osteon's continued innovation has resulted in rapid growth while seeking international expansion as new distribution channels are established throughout Europe and Asia.

"In our ongoing search for exceptional business partners, we are very pleased to be combining forces with Osteon Medical," said Melker Nilsson, CEO of Keystone. "The combination of Keystone and Osteon enables us to offer a more comprehensive portfolio of unique and innovative solutions for our customers and partners, in particular when it comes to digital workflows, increased efficiency and improved accuracy. The acquisition further provides Keystone with a significantly expanded and synergistic implant sales opportunity to both existing and new customers.

"We welcome Michael Tuckman, CEO of Osteon Medical, and his colleagues to Keystone and highly value the business they have built," concluded Nilsson.

"Keystone is the perfect partner for Osteon Medical as their leading dental implant offerings are combined with our full–arch dental prosthesis portfolio", said Michael Tuckman, CEO of Osteon Medical. "Our mission at Osteon Medical fully aligns with that of Keystone "" to simplify complex procedures through innovation and technological improvements and to deliver tomorrow's solutions today."

The combined companies will continue to operate independently as separate businesses while supporting Keystone Dental's expanding digital product offerings for its premium and value market segments. The terms of the acquisition were not disclosed.

About Osteon Medical
Osteon Medical, a commercial stage leader in digital dental implant solutions, develops innovative and advanced customized implant retained prosthetics and advanced engineering solutions based on propriety CAD/CAM scanning and design technology. The result delivers a much more efficient, shorter and accurate complex implementation procedure. Osteon's solution includes a scanning component, AI based–CAD/CAM design software, 3D printing of the tooth and augmented reality supported implantation procedure. Osteon is headquartered in Melbourne, Australia and supported by dedicated production facilities in both Melbourne and Osaka, Japan. The company's products are available in Japan, Europe, and pending FDA clearance, are expected to launch in the U.S. in early 2022.

About Keystone Dental Inc.
Keystone Dental is an oral healthcare company dedicated to the delivery of breakthrough dental implant and biomaterial technologies. Headquartered in Burlington, Massachusetts with manufacturing and distribution facilities in Irvine, California, Keystone markets its products worldwide and is the largest independent dental implant company in North America. The company's product portfolio includes proprietary offerings such as Genesis "" The Biomimetic Implant System, the TILOBEMAXX, PrimaConnex and Prima Plus Implant Systems, the DynaMatrix Extracellular Membrane, and the DynaBlast and DynaGraft bone graft substitutes. For more information, refer to www.keystonedental.com.

Contacts:
Leigh Salvo
Gilmartin Group
leigh@gilmartinir.com


GLOBENEWSWIRE (Distribution ID 8318430)

Kava Swap Lists on AscendEX

Singapore, Aug. 31, 2021 (GLOBE NEWSWIRE) — AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on September 1st at 1 p.m. UTC.

Kava is focused on democratizing financial services and making them openly accessible to anyone, anywhere in the world. Kava Chain is a decentralized, permissionless, censorship–resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable with other chains.

Kava.io is the first cross–chain Decentralized Finance (DeFi) hub providing applications and services to the world's largest cryptocurrencies. Kava's platform operates as a decentralized bank for digital assets connecting users with products like stablecoins, loans, and interest–bearing accounts so that they can do more and earn more with their digital assets. For example, sers can deposit their digital assets and use them as collateral to borrow Kava's crypto–backed stablecoin, USDX. The native swap token (SWP), launching Monday Aug. 30, allows users to swap and engage with multiple assets across different chains.

Kava Swap is a cross–chain liquidity hub for all DeFi apps and financial services. Its purpose is to enable the aggregation of capital where it can then be deployed seamlessly across different blockchain ecosystems, DeFi apps, and financial services. At its core, Kava Swap is a cross–chain Autonomous Market Making (AMM) Protocol that leverages the Kava platform's DeFi infrastructure, cross–chain bridges, and security. Kava Swap delivers users a seamless way to swap between assets of different blockchains and deploy their capital into market–making pools where they can earn handsome returns.

The Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced DeFi functionality like permissionless borrowing and lending. Like most Cosmos ecosystem blockchains, the automated transaction behaviors known as "Smart Contracts" are hardcoded into the protocol. They are referred to as "modules" in the Cosmos Ecosystem. The Kava App uses a special kind of module called a CDP. Hard Protocol is an application that runs on Kava Chain. It does not have its own blockchain. It builds upon the Kava Protocol and adds new functionality, expanding the Kava Ecosystem to include an autonomous money market protocol.

The HARD token is a unique token on the Kava Chain. It is given as a reward for supplying and borrowing on the Hard app. KAVA, the native token of the KAVA protocol, is used as a Proof of Stake (POS) staking asset, which ensures the finality and safety of loans on the protocol and also acts as the "lender of last resort' in certain situations. The Kava Chain is secured by its native token KAVA and it is used across the full chain as a transport and a store of value. It is given as a reward for minting USDX on the Kava app. USDX is a stable coin loosely pegged to the US Dollar. It is minted when a Kava CDP is opened. KAVA, SWP, and HARD are all governance tokens, meaning holders can vote on the rules and proposed new features of the protocols.

About AscendEX

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions. AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Kava Swap

Kava Labs is focused on democratizing financial services and making them openly accessible to anyone, anywhere in the world. Kava is the first cross–chain Decentralized Finance (DeFi) hub providing applications and services to the world's largest cryptocurrencies. Kava's platform operates as a decentralized bank for digital assets connecting users with products like stablecoins, loans, and interest–bearing accounts so that they can do more and earn more with their digital assets.

For more information and updates, please visit:

Website: https://www.kava.io/

Twitter: https://twitter.com/Kava_Swap

Telegram: https://t.me/KavaSwap

Medium: https://medium.com/kava–labs


GLOBENEWSWIRE (Distribution ID 8318393)