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CryoLife Receives Expanded Indication for BioFoam in Europe
Date:12/5/2012

nary artery disease for severe angina using a laser console system and single use, fiber-optic handpieces to perform a surgical procedure known as Transmyocardial Revascularization (TMR).  In addition, CryoLife's subsidiary Hemosphere, Inc. markets the HeRO® Graft, which is a solution for end-stage renal disease in certain hemodialysis patients.  CryoLife distributes PerClot®, an absorbable powder hemostat, in the European Community and other select international countries.  CryoLife's BioFoam® Surgical Matrix is CE marked in the European Community for use as an adjunct to hemostasis in cardiovascular surgery and on abdominal 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 management's beliefs, expectations or hopes are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions that may cause actual results to differ materially from current expectations.  These statements include those regarding the estimated annual European market opportunity for BioFoam and our belief regarding the benefits of the use of BioFoam in cardiovascular surgeries.  These risks and uncertainties include that estimates regarding the annual European market opportunity for BioFoam may be inaccurate and the market may be impacted by factors beyond our control, including general economic conditions in Europe.  Our ability to achieve revenues from BioFoam's expanded indication is dependent upon patient and physician acceptance of BioFoam as a safe and effective product for use in cardiovascular surgeries.  Competitors may develop and market products
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SOURCE CryoLife, Inc.
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