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Cardica Announces Fiscal 2009 Fourth Quarter and Year End Financial Results
Date:8/13/2009

ned to be used in a variety of settings including bariatric, thoracic and general surgery.

Forward-Looking Statements

This press release contains "forward-looking" statements, including all statements with respect to a potential strategic or financing transaction, Cardica's ability to enter into arrangements with, and the success of, independent distributors and manufacturer's representatives for its automated anastomosis product line, the future development, potential commercial launch and therapeutic and commercial potential of the Cardica Microcutter, the planned launch of the C-Port(R) X-CHANGEII(TM) and the timing and financial implications thereof and the matters described under the headings "Milestones for Fiscal 2010" and "Financial Guidance for Fiscal 2010." Any statements contained in this press release that are not historical facts may be deemed to be forward-looking statements. The words "potential," "opportunity," "anticipates," "will," "could," "would," "expects" and "believe" and similar expressions are intended to identify 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 needs substantial additional funding and may be unable to enter into a strategic or financing transaction when needed, which would force Cardica to delay, reduce or eliminate its research and development programs or commercialization efforts; that Cardica's current and any future products may never gain any significant degree of market acceptance; that Cardica may not be successful in its efforts to develop the Cardica Microcutter and expand its product portfolio; that any future Cardica products face development, regulatory, reimbursement and manufacturing risks; that Cardica's intellectual property rights may not provide adequate protection; that Cardica's sales, marketing and distribution s
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SOURCE Cardica, Inc.
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