Concentric Medical Closes on $15 Million... (ng support to Concentric Medical Inc.'s ...)

Concentric Medical Closes on $15 Million Financing

Date:1/8/2009

ng support to Concentric Medical, Inc.'s European sales force. During the second half of 2008 Concentric doubled the size of its European sales team.

In October 2008, Concentric launched the Outreach(TM) Distal Access Catheter, a highly deliverable, small diameter catheter designed to provide distal access and support in tortuous anatomy. The Outreach Distal Access Catheter provides neurointerventionalists easier distal access and enhanced support during minimally invasive procedures in the brain, and will serve as the platform for a wide array of products Concentric plans to release during 2009.

About Concentric Medical

Concentric Medical is located in Mountain View, California, and was founded in August 1999. The company manufactures and markets the Merci Retrieval System(TM), which is a minimally invasive device that is delivered by a neurointerventionalist into the brain to restore blood flow by removing blood clots that cause ischemic stroke. The Merci Retrieval System is available in over 250 leading stroke centers around the world, and has been the subject of two successful clinical trials, MERCI and Multi MERCI. Concentric Medical estimates that over 9,800 patients have been treated with its devices. For more information about Concentric Medical, please visit www.concentric-medical.com.

    Media Contact: Andrew Chmyz
    1 650-810-1702
    achmyz@concentric-medical.com

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Concentric Medical Closes on $15 Million...(ng support to Concentric Medical Inc.'s ...)