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AGA Medical Announces Management Transition
Date:6/20/2008

ardship, the Company has grown to approximately $150 million in revenue in 2007 and over 300 employees with direct operations overseas in 9 countries and offices in Birmingham, UK, Frankfurt, Germany and Madrid, Spain. Mr. Gougeon continues to be a major shareholder in AGA.

John Barr, who has served as Chief Operating Officer of AGA since September 2005 under Franck Gougeon, has been named President and CEO of AGA.

Franck Gougeon commented, "John and I have worked closely in the past few years to build the Company and strengthen the management team. He is the right person to take this company forward, and I look forward to working with him on a smooth and effective transition and in my new role with AGA. I also look forward to continuing my work with Dr. Amplatz and AGA to develop and commercialize innovative devices to treat both structural heart and vascular defects."

Mr. Barr's prior experience includes serving as CEO of V.I. Technologies, a development stage company, President of North American Operations and a member of the Board of Directors for Haemonetics Corporation and in a variety of roles at Baxter Healthcare. Mr. Barr has a B.S. in Bioengineering from the University of Pennsylvania and an MBA from the Kellogg School of Management at Northwestern University.

ABOUT AGA MEDICAL: AGA Medical, based in Plymouth, Minnesota (just outside Minneapolis) is a leader in developing interventional devices to treat structural heart defects. As a result of the many contributions and creative genius of Dr. Kurt Amplatz, AGA develops and commercializes a series of devices that have revolutionized the treatment of the most common congenital "holes in the heart" such as atrial septal and patent foramen ovale defects. The company is expanding into new areas such as the minimally invasive repair of vascular abnormalities. More than 800 articles have been published in medical publications that support the benefits of AGA devices, including improved
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SOURCE AGA Medical Holdings, Inc.
Copyright©2008 PR Newswire.
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