Cardica, Inc. to Host Conference Call at 11:00 a.m. Eastern Time Tomorrow to Provide Positive Update on Pas-Port(R)

REDWOOD CITY, Calif., Sept. 8 /PRNewswire-FirstCall/ -- Cardica, Inc. today announced that it will hold a teleconference at 11:00 a.m. Eastern Time tomorrow, September 9, to provide a positive update on its PAS-Port(R) Proximal Anastomosis System.

Conference Call Details

To access the live conference call via phone, please dial 866-713-8395 in the United States and Canada or +1-617-597-5309 internationally. The conference ID is 57153283. Please dial in approximately 10 minutes prior to the start of the call. A telephone replay will be available beginning approximately one hour after the call through September 16, 2008, and may be accessed by dialing 888-286-8010 from the United States and Canada or +1-617-801-6888 internationally. The replay passcode is 32640672. To access the live and subsequently archived webcast of the conference call, go to the Investor Relations section of Cardica’s website at http://www.cardica.com. Please connect to the website at least 15 minutes prior to the call to allow for any necessary software downloads.

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://www.earnings.com, Thomson’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (http://www.streetevents.com), a password-protected event management site.

About Cardica, Inc.

Cardica is a leading provider of automated anastomosis systems for coronary artery bypass graft (CABG) surgery. By replacing hand-sewn sutures with easy-to-use automated systems, Cardica’s products provide cardiovascular surgeons with rapid, reliable and consistently reproducible anastomoses, or connections of blood vessels, often considered the most critical aspect of the CABG procedure. Cardica’s C-Port(R) Distal Anastomosis Systems are marketed in Europe and the United States. The PAS-Port(R) Proximal Anastomosis System is marketed in Europe and Japan, and Cardica has submitted a 510(k) premarket notification for clearance to market the PAS-Port system in the United States. Cardica also is developing additional devices with Cook Medical to facilitate vascular closure and other surgical procedures.

CONTACT: Bob Newell, Vice President, Finance and Chief Financial Officer
of Cardica, Inc., +1-650-331-7133, investors@cardica.com; or Daryl
Messinger of WeissComm Partners, Inc., +1-415-999-2361,
dmessinger@wcpglobal.com, for Cardica, Inc.

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

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