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CryoCor Receives FDA Approval for Right Atrial Flutter
Date:8/19/2007

SAN DIEGO, Aug. 2 /PRNewswire-FirstCall/ -- CryoCor, Inc. (Nasdaq: CRYO), a medical device company focused on the treatment of cardiac arrhythmias, announced today that the U.S. Food and Drug Administration (FDA) has granted pre-market approval (PMA) for its Cardiac Cryoablation System for the treatment of right atrial flutter.

Based on this approval, CryoCor intends to begin selling its cryoablation system in the United States over the next several months. The Company will place an initial focus on console placement in high-volume ablation centers in the U.S. and is currently evaluating its sales and marketing requirements for this strategy. The Company has targeted an initial installed base of approximately 120 to 160 consoles by December 31, 2008, growing to approximately 300 consoles by 2010.

Helen Barold, M.D., Chief Medical Officer of CryoCor, said, "I am extremely pleased with the FDA's decision to approve our Cryoablation System for the treatment of right atrial flutter. There is a large opportunity for treating flutter with cryoablation. Over 200,000 patients per year in the United States are diagnosed with this condition. Many of these patients could benefit from the unique advantages provided by our system, specifically the fact that cryoablation is a less painful way of ablating right atrial flutter as demonstrated by several published studies. "

Ed Brennan, Ph.D., President and Chief Executive Officer of CryoCor, said, "The approval of the PMA for the CryoCor Cryoablation System for the treatment of right atrial flutter by the FDA is a major milestone for the company. We look forward to commencing our sales and marketing efforts and driving utilization of our Cryoablation System. An important element of our strategy is to grow our installed base of consoles, which drives the use of disposables for the treatment of right atrial flutter."

The FDA's decision to approve CryoCor's PMA for right atrial flutter follows an Advisor
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SOURCE CryoCor, Inc.

Copyright©2007 PR Newswire.

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