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CryoLife 2012 Annual Revenues Grew to a Record $131.7 Million
Date:2/14/2013

pment expenses are higher and/or the impact of the medical device tax is greater than expected, our actual 2013 earnings per share would be lower than projected.  These risks and uncertainties include the risk factors detailed in our Securities and Exchange Commission filings, including our Form 10-K to be filed for the year ended December 31, 2011, and our subsequent filings with the SEC, including our Form 10-K to be filed on or around February 15, 2013 for the year ended December 31, 2012.  CryoLife does not undertake to update its forward-looking statements.

For additional information about CryoLife, visit CryoLife's website, www.cryolife.com.Contacts: CryoLife D. Ashley Lee

Executive Vice President, Chief Financial Officer

and Chief Operating Officer

Phone: 770-419-3355The Ruth GroupNick Laudico / Zack Kubow

646-536-7030 / 7020

nlaudico@theruthgroup.com

zkubow@theruthgroup.com 

 CRYOLIFE, INC. AND SUBSIDIARIESFinancial Highlights(In thousands, except per share data)Three Months EndedTwelve Months EndedDecember 31,December 31,2012201120122011(Unaudited)(Audited)Revenues:Preservation services

$

15,232$

14,775$

63,603$

59,793Products17,45315,45567,49659,387Other115167619446Total revenues32,80030,397131,718119,626Cost of preservation services and products:Preservation services8,6758,63135,32034,340Products3,0802,39111,3809,442Total cost of preservation  services and products 

11,755 

11,022 

46,700 

43,782Gross margin21,04519,37585,01875,844Operating expenses:General, administrative,

 and marketing16,77514,62665,14957,302Research and development2,0651,8007,2576,899Total operating expenses18,84016,42672,40664,201Operating income2,2052,94912,6
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SOURCE CryoLife, Inc.
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