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companion sterile blood processing disposable for harvesting stem cells
in a closed system. The AXP device is used for the processing of cord
blood. GE Healthcare is the exclusive global distribution partner for
the AXP cord blood product except for Central and South America, China
and Russia/CIS, where ThermoGenesis markets through independent
distributors. The MarrowXpress is used for isolating stem cells from
bone marrow. ThermoGenesis sells the MarrowXpress directly to global
customers.
-- The CryoSeal(R) FS System, an automated device and companion sterile
blood processing disposable, is used to prepare fibrin sealants from
plasma in about an hour. The CryoSeal FS System is approved in the
U.S. for liver resection surgeries. The CryoSeal FS System has
received the CE-Mark which allows sales of the product throughout the
European community. Asahi Medical is the exclusive distributor for the
CryoSeal System in Japan and the Company markets through independent
distributors in Europe and South America.
-- The Thrombin Processing Device(TM) (TPD(TM)) is a sterile blood
processing disposable that prepares activated thrombin from a small
aliquot of plasma in less than 30 minutes. The CE-Marked TPD is
currently being marketed in Europe by Biomet, Inc., subsidiary Biomet
Biologics, Medtronic, Inc. and independent distributors.
This press release contains forward-looking statements, and such statements
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual outcomes to differ materially from those
contemplated by the forward-looking statements. Several factors, including
timing of FDA approvals, changes in custo
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