Flagstaff, Arizona – February 6, 2024 - Poba Medical Inc. (POBA) announced today that we have purchased the assets and created a strategic partnership with Byond Medical (BYOND), Rancho Santa Margarita, California and Waco, Texas. This acquisitions finally brings together two long-time friends and respected medical device leaders in Doug Wilkins and Dan Kasprzyk.

The acquisition of BYOND continues the growth and expansion efforts underway at Poba Medical in Flagstaff, Arizona. These efforts include Class 100,000 cleanroom expansion, global customer expansion, world class capabilities in extrusion, blow molding, braiding, balloon folding, and complex catheter process initiatives.

Daniel J. Kasprzyk, President & CEO commented: “The obvious synergy with of our individual brands and 35 years of blow molding, extrusion, and catheter experience made this transaction a no-brainer. Doug’s classic hands-on balloon and catheter expertise will augment the young and ambitious team at Poba Medical. This will create seamless business integration for Poba Medical and BYOND’s global customers that we both presently serve.”

Doug Wilkins, founder of BYOND Medical adds: “I am very excited about the opportunity to build onto the strong foundation that Poba Medical has created within the contract manufacturing space. The immediate opportunity in catheter and complex device assemblies within Poba’s current infrastructure is enormous.”

Both companies have forged long lasting customer relationships with strategic OEM’s and world class contract manufacturers around the globe. With our unique presence on the chamfr™ Marketplace, we will leverage the speed and quality that our customers have grown to expect.

BYOND is Poba Medical’s first acquisition.

For more information:  Whitney Cunningham (928) 774-1478, Aspey, Watkins & Diesel, PLLC

‍

###

‍

About Poba Medical

Poba Medical Inc. (POBA) is a privately held mid-stage contract design and manufacturing company, with product design, engineering, and manufacturing offices in Flagstaff, Arizona. POBA is a leading medical balloon design, development, and manufacturing organization specializing in thermoplastic angioplasty style balloon’s including high volume production. Capabilities include designing customized balloon materials and geometries to fully meet our customer’s interventional device requirements.

‍