Cardica, Inc. to Announce Fiscal 2010 Second Quarter Financial Results on Thursday, January 28, 2010

REDWOOD CITY, Calif., Jan. 22 /PRNewswire-FirstCall/ -- Cardica, Inc. today announced that it will release financial results for its fiscal second quarter ended December 31, 2009, on Thursday, January 28, 2010, after the markets close. Cardica’s management will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and provide an update on the company’s business.

To access the live and subsequently archived webcast of the conference call, go to the Investor Relations section of the company’s website at www.cardica.com. Please connect to the website at least 15 minutes prior to the presentation to allow for any necessary software downloads.

About Cardica

Cardica designs and manufactures proprietary stapling devices for surgical procedures. Cardica’s stapling technology is designed to minimize operating time and to enable minimally-invasive and robot-assisted surgeries. Cardica manufactures its automated anastomosis systems, the C-Port(R) Distal Anastomosis Systems and PAS-Port(R) Proximal Anastomosis System, for coronary artery bypass graft (CABG) surgery and has shipped over 25,000 units throughout the world. In addition, Cardica is developing the Cardica Microcutter, a true multi-fire endoscopic stapling device designed to be used in a variety of procedures, including bariatric, thoracic and general surgery.

CONTACT: Bob Newell Vice President, Finance and Chief Financial Officer of
Cardica, Inc., +1-650-331-7133, investors@cardica.com

Web site: http://www.cardica.com/
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