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Kensey Nash Corporation's CEO & President, Joe Kaufmann Named Ernst & Young Entrepreneur Of The Year(R) 2009 Award Winner in Greater Philadelphia Region
Date:6/19/2009

Award Recognizes Entrepreneurial Excellence in Life Sciences

PHILADELPHIA, June 19 /PRNewswire-FirstCall/ -- Kensey Nash Corporation (Nasdaq: KNSY), today announced that Joe Kaufmann, CEO and President, received the Ernst & Young Entrepreneur Of The Year(R) 2009 Award in the Life Science category in the greater Philadelphia region. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Joe Kaufmann was selected by an independent panel of judges, and the award was presented at a gala event at the Loews Hotel on June 18, 2009.

"I am both honored and humbled to accept this prestigious award from Ernst & Young. This award is recognition of the outstanding accomplishments of the employees of Kensey Nash Corporation. Our Company is dedicated to improving the quality of healthcare through innovative products in the fields of orthopaedic and cardiovascular medicine. We have a wonderful team of employees that have helped make all of this possible and I'm proud to be a part of that team," stated Joe Kaufmann, President and CEO.

The Ernst & Young Entrepreneur Of The Year awards celebrates their 23rd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

"We are proud to recognize the achievements of Joe Kaufmann," said Andrew Jordan, III, Ernst & Young LLP Entrepreneur Of The Year Program Director for Greater Philadelphia. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute significantly to the strength of our region's economy. Their success helps our area grow stronger."

As a greater Philadelphia award winner, Joe Kaufmann is now eligible for consideration for the Ernst & Young LLP Entrepreneur Of The Year 2009 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced on November 14, 2009. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

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, including sports medicine, spine, and endovascular. Many of the products are based on the Company's significant expertise in the design, development, manufacturing and processing of absorbable biomaterials, which has led to partnerships to commercialize technologies. The Company is known as a pioneer in the field of arterial puncture closure, as the inventor and developer of the Angio-Seal(TM) Vascular Closure Device, which is licensed to St. Jude Medical, Inc.

About Ernst & Young's Entrepreneur Of The Year(R) Awards Program

Ernst & Young's Entrepreneur Of The Year(R) Award is the world's most prestigious business award for entrepreneurs. The award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, the Ernst & Young Entrepreneur Of The Year(R) award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.


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