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Endologix Enters Development Agreement and Exclusive License for Balloon Expandable Stent Technology
Date:8/16/2010

ne products, creating additional growth opportunities for Endologix in the future."

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.  

About Evasc Medical Systems Corp. Evasc is an innovation company focused on creating novel products in the rapidly advancing field of endovascular medicine. Evasc is owned by interventional physicians who bring invaluable insight to product deficiencies, market needs and device design, facilitating Evasc's mission to bridge early-stage intellectual property from concept to market adoption. Our business model is to commercialize innovative medical devices through strategic business relationships and to provide contract services to customers in the endovascular sector.  Evasc has core strengths in the design, development, testing, and production of endovascular implants and their related d
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SOURCE Endologix, Inc.
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