Navilyst Medical Awarded Contract with HealthPRO Procurement ...

FOR IMMEDIATE RELEASENAVILYST MEDICAL AWARDED CONTRACT WITHHEALTHPRO PROCUREMENT SERVICES, INC.Marlborough, MA (May 8, 2012) – Navilyst Medical announced today that it has signed a threeyearcontract with HealthPRO Procurement Services, Inc. to provide central venous accessdevices (Ports) and peripherally inserted central catheters (PICCs) to HealthPRO’s participatingmembers. The contract, which is effective on June 1, 2012, may be extended by HealthPRO fortwo additional one-year options.HealthPRO is Canada’s national healthcare group purchasing organization (GPO). They areinvested in Canada’s public healthcare system by representing the purchasing interests ofhospitals, provincial authorities and Shared Service Organizations (SSOs). With 255 members,including 12 of Canada’s 14 SSOs, HealthPRO brings together significant purchasing powerwithin Canada’s public healthcare system.“We are extremely pleased HealthPRO has selected Navilyst Medical as their supplier of choicefor Ports and PICCs,” said Ron Sparks, Chairman and CEO. “HealthPRO’s broad reach,combined with our market leading technologies, will serve to help improve the delivery and qualityof patient care throughout Canada.”As a leading provider of vascular access devices, Navilyst Medical is committed to deliveringinnovative medical devices and services to clinicians. This is evidenced by the recent launch inCanada of its BioFlo PICC with Endexo Technology. The BioFlo PICC, available withNavilyst Medical’s patented PASV Valve Technology, is designed to provide a catheter moreresistant to the accumulation of blood components (platelets and thrombus). Additionally, NavilystMedical retains a highly credentialed team of Clinical Specialists providing a wide range ofeducational and support programs all designed to reinforce best practices for catheter insertionand care and maintenance.“We look forward to this joint venture with HealthPRO,” said Emilio Jimenez, VP of InternationalSales. “Our Sales and Clinical Specialist teams are poised to deliver world class service to theCanadian market.”About Navilyst MedicalNavilyst Medical Inc., headquartered in Marlborough, MA, is a leading provider of innovativesolutions for image-guided interventions designed to deliver superior outcomes and reducehealthcare costs for medical professionals and their patients. Its breakthrough devices includeBioFlo PICCs, available for sale in Canada and Europe, and PICCs and Ports with PASV ®Valve Technology, Xcela ® Power Injectable PICCs and world-leading NAMIC ® Fluid Managementproducts. The Company distributes its products globally and has its U.S. manufacturing facility inGlens Falls, NY. For more information, please visit: www.navilystmedical.com.

-30-FORWARD-LOOKING STATEMENTS: This Release contains forward-looking statements,including statements regarding development of Navilyst Medical’s existing and new products, theCompany’s progress toward commercial growth, and future opportunities. The Company’s actualresults may differ materially from those anticipated in these forward-looking statements basedupon a number of factors, including uncertainties associated with development, testing andrelated regulatory approvals, anticipated future losses, complex manufacturing, high qualityrequirements, dependence on limited sources of supply, competition, technological change,government regulation, future capital needs and uncertainty of additional financing, and otherrisks and challenges. Readers are cautioned not to place undue reliance on any forward-lookingstatements, which speak only as of the date of this Release. The Company undertakes noobligation to publicly release the results of any revisions to these forward-looking statements thatmay be made to reflect events or circumstances that occur after the date of this Release or toreflect the occurrence of unanticipated events.CONTACT: Jill Robinson, Navilyst MedicalPhone: 508.658.7965; Email: jill.robinson@navilyst.comEndexo is a trademark of Interface BiologicsBioFlo, PASV, Xcela, NAMIC and Navilyst Medical are trademarks and/or registered trademarksof Navilyst Medical, Inc.