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CryoLife's Fully Diluted Earnings Per Share Increased 71 Percent to $0.12 in Third quarter of 2008 from $0.07 in Third quarter of 2007
Date:10/30/2008

y near current levels.

Other revenues for 2008 may reach between $700,000 and $900,000, primarily related to funding received from the Department of Defense in connection with the development of BioFoam. The amount of other revenues is largely dependent upon actual expenses incurred related to the development of BioFoam.

The Company expects general, administrative, and marketing expenses of between $49.0 million and $51.0 million, and research and development expenses of between $5.5 million and $6.5 million for the full year of 2008.

2009 Financial Guidance

The Company expects product and tissue processing revenues for the full year of 2009 to be between $116.0 million and $122.0 million. The Company expects tissue processing revenues to be between $60.0 million and $63.0 million and BioGlue revenues to be between $51.5 million and $53.5 million for the full year of 2009. Other medical device revenues, which consist primarily of sales of Hemostase MPH, are expected to be between $4.5 million and $5.5 million in 2009. Product and tissue processing revenues could be affected by several factors, including but not limited to, the general economic environment, and its effect on demand for the Company's tissues and products, and changes in foreign currency exchange rates and their effects on revenues generated in international markets. This guidance assumes foreign currency exchange rates stay near current levels.

Other revenues for 2009 may reach between $500,000 and $1.1 million, primarily related to funding received from the Department of Defense in connection with the development of BioFoam. The amount of other revenues is largely dependent upon actual expenses incurred related to the development of BioFoam.

The Company expects general, administrative, and marketing expenses of between $53.0 million and $56.0 million, and research and development expenses of between $6.0 million and $7.0 million for the full year of 2009. The
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SOURCE CryoLife, Inc.
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