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Endocare and Galil Medical Sign Definitive Merger Agreement
Date:11/10/2008

http://ir.endocare.com/events.cfm) to listen to the event, register and select the "No Audio, Slides Only" option. To listen to the conference call live via the Internet, visit Endocare's website (http://ir.endocare.com/events.cfm). Please go to the website 15 minutes prior to the call to register, download and install the necessary audio software. An audio archive of the webcast will be available for one year on the Investors section of the Endocare website.

Third Quarter 2008 Financial Results

In addition, Endocare today issued an earnings release announcing Third Quarter 2008 financial results.

Use of Non-GAAP Financial Measures

The Company uses, this press release contains and the related conference call will include the non-GAAP metric of adjusted EBITDA. The calculation of adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, and also excluding FASB 123R non-cash stock compensation expense, collectively "adjusted EBITDA") has no basis in GAAP. The Company's management believes that this non-GAAP financial measure provides useful information to investors, permitting a better evaluation of the Company's ongoing and underlying business performance, including the evaluation of its performance against its competitors in the healthcare industry. Management uses this non-GAAP financial measure for purposes of its internal projections and to evaluate the Company's financial performance.

Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in conformity with GAAP, and non-GAAP financial measures as reported by the Company may not be comparable to similarly titled amounts reported by other companies.

About Endocare

Endocare, Inc. -- http://www.endocare.com -- is an innovative medical device company focused
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SOURCE Endocare, Inc.
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