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ev3 Inc. Appoints Shawn McCormick as New Sr. Vice President and Chief Financial Officer
Date:1/9/2009

PLYMOUTH, Minn., Jan. 9 /PRNewswire-FirstCall/ -- ev3 Inc. (Nasdaq: EVVV), a global endovascular device company, today announced the appointment of Shawn McCormick as Sr. Vice President and Chief Financial Officer, effective January 19, 2009. Mr. McCormick succeeds Patrick Spangler, who has resigned as Sr. Vice President and Chief Financial Officer effective January 19, 2009.

Mr. McCormick brings more than 15 years of experience in the medical device industry to ev3. He most recently served as Vice President, Corporate Development at Medtronic, Inc. where he was responsible for leading Medtronic's worldwide business development activities and previously had served in key corporate and divisional financial leadership roles within the Medtronic organization.

"We are very pleased to have someone with Shawn's experience join the ev3 management team," said Robert Palmisano, President and Chief Executive Officer of ev3. "His proven track record in financial management and business development will add tremendous value as we continue to focus on expanding our position in the peripheral vascular and neurovascular markets and delivering increased shareholder value. I would also like to thank Pat Spangler for his many contributions to ev3 over the past three and a half years. We wish him success in his future endeavors."

Mr. McCormick joined Medtronic in July 1992 and held various finance positions during his tenure. From May 2008 to January 2009, he served as Vice President, Corporate Development of Medtronic, Inc. From July 2007 to May 2008, he served as Vice President, Corporate Technology and New Ventures of Medtronic. From July 2002 to July 2007, he was Vice President, Finance for Medtronic's Spinal, Biologics and Navigation business. Prior to that, Mr. McCormick held various other positions wi
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