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CryoLife Enhances International Presence with Appointment of Andres Sarmiento as Latin America Sales Manager
Date:7/9/2013

certainties impacting these statements include that Mr. Sarmiento's employment may not result in the expected benefits to the Company.  Our international operations are subject to a number of risks in addition to the risks we face in the United States, including risks related to fluctuations in exchange rates, weak economic conditions and government instability in certain Latin American countries, compliance with the Foreign Corrupt Practices Act and other anti-bribery laws, and compliance with the myriad, and potentially conflicting, laws and regulations of foreign countries.  In addition, certain foreign customs and preferences may impede our ability to obtain physician and patient acceptance of our products.  International regulatory requirements vary widely from country to country, and obtaining the approvals by foreign regulatory agencies will require the expenditure of a significant amount of time and resources.  Our approval efforts may be subject to delays and cost overages.  The success of our approval efforts is subject to factors beyond our control, and we may be unable to gain the requisite international approvals when anticipated, if at all.  In addition, our approval efforts may subject us to increased scrutiny by foreign regulatory agencies, which could take actions that adversely affect the Company.  We may be unsuccessful in our efforts to expand our business activities in the Latin American and global markets.  The success of our products, including PerClot, is subject to factors beyond our control, including general economic conditions, physician and patient acceptance, and regulatory approval and scrutiny, and we may experience currently unforeseen difficulties related to any our products and our ability to market and distribute our products, including PerClot, in Latin America and other international markets.  We may experience intense competition wi
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SOURCE CryoLife, Inc.
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