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CryoLife Expands Stock Repurchase Program
Date:2/14/2013

dominal parenchymal tissues (liver and spleen) when control of bleeding by ligature or conventional methods is ineffective or impractical.

Statements made in this press release that look forward in time or that express the beliefs, expectations or hopes of CryoLife's management are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements include the implication that CryoLife may purchase $15 million of its common stock by October 31, 2014 and the belief that we will continue to leverage our strong cash flow to make strategic investments in the Company to accelerate growth and build shareholder value.  These future events may not occur as and when expected, if at all, and, together with the Company's business, are subject to various risks and uncertainties.  These risks and uncertainties include that, even though CryoLife is authorized to purchase up to $15 million of its common stock through October 31, 2014, CryoLife may choose to use its available cash for other business.  CryoLife may choose to pursue strategic business opportunities, investments and acquisitions that may require a disproportionate amount of cash in comparison to the cash allocated for the stock repurchase program.  Also, variances in CryoLife's stock price may cause stock repurchases to become a less attractive use of capital in 2013 and 2014.  There is no guarantee that CryoLife's Board of Directors will extend the program beyond October 31, 2014 if $15 million of its common stock has not been repurchased by the Company by that date, and material business developments that could arise from time to time could prohibit the Company from buying shares in the public market until such developments are publicly disclosed.  CryoLife's decisions regarding the use of its cash and other assets remain subject to change based on the changing dynamics of our Company and the economy in general.  C
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