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CryoLife Begins Distribution of Blood-Clotting Agent PerClot® in Europe
Date:10/25/2010

take longer than expected.  Depending on the market, we may still need to obtain regulatory approvals prior to distribution and there is no guarantee that such approvals and/or market acceptance of PerClot will be obtained within our expected timeframe, if at all.  Also, some degree of confusion regarding our position in various markets may exist because of our past difficulties with Medafor and our distribution of HemoStase, and our ability to leverage opportunities related to PerClot may take longer than expected and require more resources from us in order to educate the market.  Given the addition of PerClot to our product mix and any resultant confusion this may cause, there is no guarantee that we will not experience short-term difficulties in our efforts to successfully expand into other markets.  The European hemostatic market may not continue to grow as expected due to any number of economic or regulatory factors or as the result of the advantages of or pricing competition from competitive products.  There is no guarantee that the FDA will approve PerClot for distribution in the U.S. in accordance with our expected timeframe, if at all.  FDA approvals are dependent upon a number of factors, many of which are outside CryoLife's control, including successful clinical trial results, and discretionary decisions made by the FDA personnel.  Any number of factors could delay clinical trial conduct and analysis and result in delays in the approval process.  CryoLife's IDE application could be denied by the FDA, and if the application is approved, the clinical trials that follow may not be successful in leading to approval for our distribution of PerClot in the U.S.  CryoLife's business is also subject to a number of risks and uncertainties, including the risk factors detailed in our Securities and Exchange Commission filings, including our Form 10-Q filing for the quarter ended June 30, 2010, our Form 10-Q filing for the
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