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GE Capital Closes $21.5 Million Senior Secured Credit Facility for Amedica Corporation

  GE Capital Closes $21.5 Million Senior Secured Credit Facility for Amedica
  Corporation

Business Wire

BETHESDA, Md. -- January 9, 2013

GE Capital, Healthcare Financial Services announced today that it is serving
as administrative agent on a $21.5 million senior secured credit facility for
Amedica Corporation. The financing will be used for working capital to support
growth.

Headquartered in Salt Lake City, Amedica is a spine and orthopedic implant and
device manufacturing and distribution company that provides advanced surgical
applications. The company’s Silicon Nitride platform technologies represent a
new standard for implants and biologics based on performance, safety and
efficacy. Scientific and peer-reviewed data has proven the ability of Silicon
Nitride-based interbody fusion devices to promote bone on-growth, minimize
infection risk and increase the potential for fusion in comparison to PEEK and
titanium.

“The financing provided by GE Capital is key to fueling our commercialization
efforts and supporting our goal of improving the standard of care for spinal
surgery,” said Eric Olson, CEO for Amedica Corporation. “The team at GE
Capital quickly understood our business and delivered a financing solution
that allows us to focus on educating spine specialists about Silicon Nitride
and further prove its unique capabilities to improve patient care and
outcomes. As we begin 2013, we are aggressively working to increase adoption
and meet industry demand for a safe, reliable interbody fusion procedure.”

“Life science companies require a flexible lender to help propel their growth
and success,” said Anthony Storino, senior managing director, GE Capital,
Healthcare Financial Services, Life Sciences. “We’re pleased to support
companies such as Amedica that bring advanced technologies and solutions to
the market and help to revolutionize their industries.”

About GE Capital, Healthcare Financial Services

With in-depth industry knowledge and expertise, GE Capital, Healthcare
Financial Services has provided more than $60 billion in financing over ten
years to companies in over 45 healthcare sectors including senior housing,
hospitals, medical offices, outpatient services, pharmaceuticals and medical
devices. Our team of professionals creates business and financial solutions
tailored to meet the individual needs of our customers. For more information,
visit gecapital.com/healthcare.

GE Capital offers consumers and businesses around the globe an array of
financial products and services. For more information, visit www.gecapital.com
or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on things
that matter. The best people and the best technologies taking on the toughest
challenges. Finding solutions in energy, health and home, transportation and
finance. For more information, visit the company's website at www.ge.com.

Contact:

GE Capital, Americas
Ned Reynolds, 203-229-5717
ned.reynolds@ge.com
 
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