Cardica's Microcutter Xchange® 30 At Annual Meeting Of The American Pediatric Surgical Association

Cardica's Microcutter Xchange® 30 At Annual Meeting Of The American Pediatric
                             Surgical Association

-- Smaller-Sized Stapler Gives Pediatric Surgeons the Size They Have Been
Waiting for --

PR Newswire

REDWOOD CITY, Calif., June 18, 2014

REDWOOD CITY, Calif., June 18, 2014 /PRNewswire/ --Cardica, Inc. (Nasdaq:
CRDC) today announced that its MicroCutter XCHANGE^® 30, the world's first and
only five-millimeter surgical stapler that articulates to 80 degrees, was
featured as part of the Endosurgical Simulation Course at the 45^th Annual
Meeting of the American Pediatric Surgical Association (APSA) in Phoenix,
Arizona.

"I am very pleased that a new surgical stapler has been developed that
provides pediatric surgeons with another option for our patients, and we no
longer need to adapt the larger surgical staplers designed for adult patients
for pediatric procedures," said Carroll M. Harmon, M.D., Ph.D., chief of the
Division of Pediatric Surgery at the University of Buffalo School of Medicine
and Biomedical Sciences and pediatric surgeon-in-chief at Women & Children's
Hospital of Buffalo "I believe this device will enable the conversion of open
gastrointestinal procedures to minimally invasive approaches, as less invasive
procedures have been clinically proven to reduce pain and complications, such
as infection. I believe that this device will accelerate the advancement of
pediatric minimally invasive techniques for this special patient population."

Cardica was invited to participate in the APSA conference and support the
Endosurgical Simulation Course to make pediatric surgeons aware of the latest
techniques in minimally-invasive surgery. Led by program directors, Katherine
A. Barsness, M.D., M.S., director of surgical simulation and surgical outcomes
research, and attending physician at the Ann & Robert H. Lurie Children's
Hospital of Chicago, and Carroll McWilliams "Mac" Harmon, M.D., Ph.D., chief
of the division of pediatric surgery and director of the pediatric surgery
fellowship at the University of Buffalo School of Medicine and Biomedical
Sciences and pediatric surgeon-in-chief at Women & Children's Hospital of
Buffalo, this hands-on training course enabled pediatric surgeons from around
the U.S. to develop skills under the guidance of the leading minimally
invasive pediatric surgeons in the world. Attendees performed simulated
minimally-invasive procedures to hone their skills in this lab.

"The MicroCutter XCHANGE 30 is the smallest articulating surgical stapler
available in the United States today," commented Bernard A. Hausen, M.D.,
Ph.D., president and CEO of Cardica. "We appreciate the opportunity to engage
with and support the development of a large group of pediatric surgeons, who
clearly appreciate the fact that the MicroCutter has a cross sectional area
six times smaller than conventional staplers. We believe that the XCHANGE 30
fits directly with the organization's mission to ensure optimal pediatric
surgical care of patients and their families, to promote excellence in the
field."

About Cardica
Cardicadesigns and manufactures proprietary stapling and anastomotic devices
for cardiac and laparoscopic surgical procedures.Cardica's technology
portfolio is intended to reduce operating time and facilitate
minimally-invasive and robot-assisted surgeries. Cardica's MicroCutter
XCHANGE^® 30, a cartridge-based articulating surgical stapling device with a
five-millimeter shaft diameter, is manufactured and cleared for use in a
variety of gastrointestinal procedures and appendectomies in the United
States, and is marketed for a wide range of surgical procedures in Europe.
Cardicais developing the Cardica^® MicroCutter XCHANGE^® 45, a
cartridge-based microcutter device that is being designed with an
eight-millimeter shaft to be used in a variety of procedures, including
bariatric, colorectal, thoracic and general surgery. The Cardica MicroCutter
XCHANGE 45 product requires 510(k) clearance and CE Mark and is not yet
commercially available in the U.S. or internationally. In addition, Cardica
manufactures and markets its automated anastomosis systems, the C-Port^®
Distal Anastomosis Systems and PAS-Port^® Proximal Anastomosis System for
coronary artery bypass graft (CABG) surgery, and has shipped over 50,000 units
throughout the world.

Forward-Looking Statements
The statements in this press release regarding the belief that the XCHANGE 30
will enable the conversion of open gastrointestinal procedures to minimally
invasive approaches, and that the XCHANGE 30 will accelerate the advancement
of minimally invasive techniques for the pediatric patient population, are
"forward-looking statements." There are a number of important factors that
could cause Cardica's results to differ materially from those indicated by
these forward-looking statements, including: that Cardica may not be
successful in its efforts to commercialize the XCHANGE 30 due to unanticipated
technical or other difficulties; that prospective customers may not perceive
the benefits of the XCHANGE 30 to be sufficient to warrant its purchase; that
prospective customers may be constrained by pricing pressures or purchasing
requirements in the hospitals and facilities in which they work, which could
prevent them from purchasing the XCHANGE 30; as well as other risks detailed
from time to time in Cardica's reports filed with the U.S. Securities and
Exchange Commission, including its Quarterly Report on Form 10-Q for the
quarter endedMarch 31, 2014, under the caption "Risk Factors," filed on May
7, 2014. Cardica expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements contained
herein. You are encouraged to read Cardica's reports filed with the U.S.
Securities and Exchange Commission, available at www.sec.gov.

SOURCE Cardica, Inc.

Website: http://www.cardica.com
Contact: Bob Newell, Vice President, Finance and Chief Financial Officer,
(650) 331-7133, investors@cardica.com
 
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