CALIFORNIA-BASED PRECISION MEDICAL PRODUCTS ANNOUNCES MOVE TO TEXAS

CALIFORNIA-BASED PRECISION MEDICAL PRODUCTS ANNOUNCES MOVE TO TEXAS Industry-leading DVT device company relocating headquarters to Carrollton, Texas in 2022

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December 6, 2021, ROCKLIN, CA— Today, Precision Medical Products (PMP) announces itsmove to Carrollton, Texas. The California-based company is the largest of its kind in the highlyspecialized deep vein thrombosis (DVT) prevention industry and will be moving its headquartersin early 2022 to continue its growth trajectory. PMP is well-positioned to become a magnet forother medical technology firms looking to relocate. Precision Medical Products CEO JeremyPerkins will be making the move to Texas as well.

“Texas opens the door for increased opportunity in the medical technology space. We’re wellon our way to becoming the undisputed leader as the top DVT prevention company in thenation,” said Perkins.

The move represents PMP’s next stage of growth after its acquisition of Innovamed Health andVena Group earlier this year, making it the largest and most protected mobile DVT patentholder in the country.

Precision Medical Product’s Carrollton center will serve as its new headquarters. The privately-held company expects to employ 70 people at this location, bringing new jobs to the area.

“We’re committed to innovating the standard of care and to do that, we know Texas is the rightplace to be given the state’s excellent reputation and business-friendly environment,” sharedPrecision Medical’s Chief Strategy & Innovation Officer, Austin Phillips.

Precision Medical Products’ existing suite of offerings include the CIRCUL8® brand, featuring theCIRCUL8® Pro, a powerful and portable take home DVT prevention product with a 20-plus-hourbattery life, making it the longest lasting portable, battery-operated compression device on themarket and the VenaOne®, a mobile DVT prevention system for hospital use. Both are self-contained and cordless, allowing for maximum mobility.

About Precision Medical Products: Since launching as a self-funded startup in 2010, PrecisionMedical Products has been helping patients recover from surgery, using its innovative products,programs and DVT prevention offerings. Precision Medical Products has been recognized on theInc. 5000 List of Fastest Growing Companies in America and has been awarded a variety ofinnovation awards for its patented products.

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Contact: Meaghan Klitch

‍Phone: 512.971.0508

Email: meaghan@spaethcom.com

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