Asante Solutions Appoints New CEO, VP Operations

SUNNYVALE, Calif., April 11, 2012 /PRNewswire/ -- Asante Solutions, Inc. (Asante), a medical device company focused on diabetes care, has strengthened its leadership team by adding David Thrower as president and chief executive officer, and Eric Steuben as vice president of operations. Former President and Chief Executive Officer Phil Hopper will remain as a special advisor and board member.

"We are pleased to bring David and Eric to Asante as we progress toward our U.S. launch of the Pearl Insulin Pump," said Pete McNerney, Asante's chairman of the board and a partner at venture capital firm Thomas, McNerney & Partners. "David is an accomplished CEO and a proven sales and marketing strategist, and Eric is an energetic leader with over 20 years of progressive achievements from hands-on engineering to executive management."

David Thrower held previous roles as chief executive officer of InSound Medical, a manufacturer of a disruptive hearing aid system that was acquired by Sonova Holding AG, and vice president of global sales and marketing at Align Technology, Inc., a global medical device company that pioneered the invisible orthodontics market. He earned his undergraduate degree in mathematical and computational sciences from Stanford University and his master's degree in business administration from the Harvard Business School.

"I have known David during his years of leadership at InSound Medical and as a peer CEO. His career and successes have been at the intersection of medical devices and consumer insight. He brings a unique perspective to the insulin pump category," said Rick Thompson, Asante board member and chief executive officer and president of Reshape Medical.

Eric Steuben has broad corporate experience ranging from high-growth startups to world-leading corporations and has specialized insight into the medical device industry. Eric led the manufacturing, engineering, and operations teams at Align Technology and MicroDental Laboratories. He started his career in engineering, marketing, regulatory affairs and quality assurance at Varian Medical, a medical device manufacturer focused on the treatment of cancer. He earned a bachelor of science degree in mechanical engineering and a master's degree in business administration from Santa Clara University.

About the Pearl Insulin Pump
The Pearl Insulin Pump's many user-friendly features are designed to make the Pearl an easy-to-use system for those on intensive insulin therapy. The pump features a unique modular product configuration that allows significantly lower pump therapy initiation costs through pay-as-you-pump pricing. It is the only insulin pump using pre-filled 300 unit insulin cartridges for use in pumps for up to seven days. More product details are available at www.asantesolutions.com.

About Asante Solutions, Inc.
Based in the heart of Silicon Valley, Asante Solutions, Inc. is a privately-held medical device company developing simple solutions for diabetes. For more information, visit www.asantesolutions.com.

SOURCE Asante Solutions, Inc.

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