Kips Bay Medical Announces Financial Results and Conference Call Date for Fourth Quarter and Full Year 2012

  Kips Bay Medical Announces Financial Results and Conference Call Date for
  Fourth Quarter and Full Year 2012

Business Wire

MINNEAPOLIS -- March 26, 2013

Manny Villafaña, Chairman and CEO of Kips Bay Medical Inc. (NASDAQ:KIPS)
announced today that Kips Bay will release operating and financial results for
the fourth quarter and full year ended December 31, 2012 on Thursday, March
28, 2013 at market close and will hold a conference call to discuss those
results at 5:00 P.M. (Eastern Time) that day.

The call can be accessed in the following ways:

  *In the Investors section of the Kips Bay’s website: www.KipsBayMedcial.com
  *By telephone: For both “listen-only” participants and those participants
    who wish to take part in the question-and-answer portion of the call, the
    telephone dial-in number in the U.S. is 888-679-8018. For participants
    outside the U.S., the dial-in number is 617-213-4845. The access code for
    all callers is 64188515.
  *Through an audio replay: A replay of the conference call will be available
    beginning at 7:00 P.M. on March 28, 2013 and ending at 11:59 P.M. on April
    4, 2103. The dial-in number for U.S. participants is 888-286-8010. For
    participants outside the U.S., the replay dial-in number is 617-801-6888.
    The replay access code for all callers is 82473229.

About Kips Bay Medical

Kips Bay Medical, Inc., founded in 2007 and headquartered in Minneapolis,
Minnesota, is a medical device company focused on manufacturing and
commercializing its external saphenous vein support technology, or eSVS MESH
for use in coronary artery bypass grafting surgery. The eSVS MESH is a nitinol
mesh sleeve that, when placed over a saphenous vein graft during CABG surgery,
is designed to improve the structural characteristics and long-term
performance of the saphenous vein graft. Additional information about Kips Bay
Medical, Inc. can be found at www.KipsBayMedical.com.

Contact:

Kips Bay Medical, Inc.
Manny Villafaña, 763-235-3540
Chairman and Chief Executive Officer
Manny.Villafana@KipsBayMedical.com
or
Scott Kellen, 763-235-3540
Chief Operating Officer and Chief Financial Officer
Scott.Kellen@KipsBayMedical.com