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Kensey Nash Announces 600,000 Share Stock Repurchase Program
Date:3/18/2009

EXTON, Pa., March 18 /PRNewswire-FirstCall/ -- Kensey Nash Corporation (Nasdaq: KNSY) today announced that its board of directors has approved a stock repurchase. The new program allows the Company to repurchase up to a total of 600,000 of its issued and outstanding shares of Common Stock and has no scheduled expiration. The Company intends to finance the repurchases using its available cash.

"Given our strong cash position and the recent trading price of our stock, we believe we will be able to implement this repurchase program while maintaining the required financial flexibility and strength to continue to grow our business," commented Mr. Joseph W. Kaufmann, President and CEO of Kensey Nash Corporation. "The authorization of this new stock repurchase program reflects the confidence that the board and management have in the Company's business opportunities, as well as our commitment to long-term shareholder value."

Kensey Nash Corporation plans to repurchase its shares for cash, from time to time in the open market, through block trades or otherwise. The repurchase program does not require the Company to purchase any specific dollar value or number of shares. Any purchases under the program will depend on market conditions and may be commenced or suspended at any time or from time to time without prior notice. As of February 28, 2009, the Company had approximately 11,513,952 shares of Common Stock outstanding.

About Kensey Nash Corporation. Kensey Nash Corporation is a leading medical technology company providing innovative solutions and technologies for a wide range of medical procedures. The Company provides an extensive range of products into multiple medical markets, primarily sports medicine, spine, and endovascular markets. Many of the products are based on the Company's significant expert
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