Evalve Expands Executive Leadership Team ( Company Prepares for Increased Sale...)

Evalve Expands Executive Leadership Team

Date:10/9/2008

Company Prepares for Increased Sales and Marketing Efforts to Accelerate

Global Progress of MitraClip(R) System

MENLO PARK, Calif., Oct. 9 /PRNewswire/ -- Evalve, Inc., the leader in the development of devices for the percutaneous repair of cardiac valves, has expanded its sales and marketing executive team with the appointment of Sean Cleary as senior vice president of worldwide sales and marketing and Chris Richardson, as vice president of sales.

"The addition of Sean and Chris to our executive team is purposefully timed with our European market introduction of the MitraClip(R) system for treating patients suffering from the effects of mitral regurgitation," said Ferolyn Powell, president and chief executive officer of Evalve. "Both Sean and Chris have demonstrated track records of successfully establishing and expanding markets within the field of cardiology and building talented and committed sales teams who focus on the customer and achieve sales goals. This team possesses deep cardiology experience, global backgrounds and points of view, consistent business success in highly competitive environments, and the passion and intensity required to execute the introduction of this first in class treatment option based on our strong clinical results."

In his role as senior vice president of worldwide sales and marketing, Sean Cleary will take responsibility for Evalve's expansion into the European markets and adoption of the MitraClip system by the worldwide cardiology marketplace. Cleary joins Evalve after a successful tenure with Boston Scientific and Guidant Corporation. Cleary held several senior management positions including vice president of global marketing for cardiac rhythm management, vice president of human resources for US sales, vice president of US market development and most recently as vice president of cardiac rhythm management sales before joining Evalve.

"I am thrilled to join the Evalve team an
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