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CryoLife Provides Update on ValveXchange®, Inc. Investment
Date:10/13/2011

sues (liver and spleen) when cessation of bleeding by ligature or other conventional methods is ineffective or impractical. CryoLife distributes PerClot®, an absorbable powder hemostat, in the European Community. CryoLife, through its subsidiary Cardiogenesis Corporation, specializes in the treatment of cardiovascular disease and devices that treat severe angina. Its market leading FDA-approved Holmium: YAG laser system and single use fiber-optic delivery systems are used to perform a surgical procedure known as Transmyocardial Revascularization (TMR).

For additional information about CryoLife, visit CryoLife's website, http://www.cryolife.com/.

About ValveXchange, Inc.ValveXchange, Inc. is an emerging technology company based in Colorado. Calling itself "The Lifetime Tissue Valve Company." ValveXchange is developing the first-of-its-kind "serviceable" bioprosthetic heart valve. By offering the possibility of periodic, minimally invasive exchange of the worn-out leaflet set, young and physically active patients can avoid the use of a mechanical valve and its associated lifetime of warfarin anticoagulation therapy. These design features are incorporated into its Vitality™ surgically implantable valves and are being designed into its Vanguard™ transcatheter valves and future pediatrics products.

ValveXchange was founded by Dr. Ivan Vesely, a PhD biophysicist internationally recognized for his research in the field of bioprosthetic heart valves. Chairman and CEO Larry Blankenship is a 30-year veteran of the medical device field and serial entrepreneur who has previously guided more than two dozen products into the marketplace, including heart valves. The company has ten patents covering various aspects of its heart valve and related technology, and ten additional patent applications in process.

Statements made in this press release that look forward in time or that express Cr
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Related medicine technology :

1. CryoLife Reports Record Revenues for the Second Quarter and First Six Months of 2011
2. CryoLife Announces Release Date and Teleconference Call Details for 2011 Second Quarter Financial Results
3. CryoLife Makes Equity Investment in ValveXchange® Inc.
4. CryoLife Announces Completion of Acquisition of Cardiogenesis
5. CryoLife Announces Final Results of Tender Offer for 49.9 Percent of the Outstanding Shares of Cardiogenesis Corporation
6. CryoLife Completes Tender Offer for 49.9 Percent of the Outstanding Shares of Cardiogenesis Corporation
7. CryoLife Posts Record Quarterly Revenues of $30.2 Million
8. CryoLife Launches BioGlue® Surgical Adhesive in Japan
9. CryoLife Announces Release Date and Teleconference Call Details for 2011 First Quarter Financial Results
10. CryoLife Announces Expiration of Go-Shop Period Related to its Proposed Acquisition of Cardiogenesis Corporation
11. CryoLife Commences Tender Offer for All Outstanding Shares of Cardiogenesis Corporation
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