Ian McDougall, CEO of Evasc stated, "We are extremely pleased to have entered into this license and development agreement with Endologix. Endologix has a respected reputation in the endovascular market and will be a strong ally for bringing this balloon expandable stent graft to market and achieving market penetration. Most important, we are eager to give patients with juxtarenal AAA a new treatment option with this combined product."

About Endologix, Inc.Endologix, Inc. develops and manufactures minimally invasive treatments for aortic disorders. The Company's flagship product is the Powerlink® System, which is an endovascular stent graft for the treatment of abdominal aortic aneurysms (AAA). AAA is a weakening of the wall of the aorta, the largest artery in the body, resulting in a balloon-like enlargement. Once AAA develops, it continues to enlarge and, if left untreated, becomes increasingly susceptible to rupture. The overall patient mortality rate for ruptured AAA is approximately 75%, making it a leading cause of death in the U.S. Additional information can be found on Endologix's Web site at www.endologix.com.