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Kensey Nash Announces $25 Million Stock Repurchase Program
Date:9/24/2007

ges totaling

approximately $4.6 primarily related to abandonment of inventory and

machinery and equipment. Of the approximately $5.3 million in charges,

approximately $4.7 million (including $4.6 million of non-cash asset

impairment charges and $0.1 million of cash charges) had been recorded in

the fourth quarter ending June 30, 2007, and the remainder is expected to

be recognized in the first fiscal quarter of 2008. These charges have and

will be presented within the Company's results from continuing operations.

These non-GAAP measures will provide investors and management with an

alternative method for assessing Kensey Nash's operating results in a

manner consistent with future presentation as a result of the

discontinuance of our embolic protection platform. Further, these non-

GAAP results are one of the primary indicators management uses for

planning and forecasting in future periods. The presentation of this

additional information should not be considered in isolation or as a

substitute for results prepared in accordance with accounting principles

generally accepted in the United States.


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SOURCE Kensey Nash Corporation
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