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Gore to Become Exclusive Distributor of Datascope's InterVascular Graft Products in the U.S.

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Datascope Corp. announced today that it has entered into an agreement with W.L. Gore & Associates, Inc. (Gore), under which Gore will become the exclusive distributor of InterVascular Inc.'s full line of polyester grafts and patches in the United States, effective May 1, 2005. InterVascular is a wholly owned subsidiary of Datascope.

In Europe, where InterVascular is a leading provider of polyester grafts, the InterVascular product line will continue to be marketed by InterVascular's dedicated sales professionals and exclusive distributors. In other international markets, InterVascular's products will continue to be sold by an extensive distribution network.

InterVascular's U.S. product line includes the InterGard® line of collagen coated, knitted and woven polyester grafts for aortic and peripheral vascular procedures, the HemaCarotid and HemaPatch line of cardiovascular patches, and InterGard Heparin, a heparin bonded polyester graft.

The decision to enter into a relationship with Gore was based on Gore's strong presence in the vascular graft market. Gore is the worldwide leader in the sale of ePTFE peripheral grafts for the vascular surgery market. The InterVascular product will be sold by Gore's U.S. Vascular Surgery Sales Team and will be co-branded under the InterVascular and Gore names.

"With the addition of Datascope's InterVascular polyester grafts and patches, Gore will now be able to provide the broadest product line of quality ePTFE and polyester products for the market," said Bob Cathcart, President of the Interventional Products and InterVascular Group. "We believe this new distribution relationship with Gore will give Datascope the best opportunity to substantially grow its business in this important market segment."

In the fiscal year ended June 30, 2004, InterVascular achieved total sales of $30.9 million, or 9% of Datascope's consolidated sales of $343.3 million.

ABOUT DATASCOPE CORP.

Datascope Corp. is a diversified medical device company that manufactures and markets proprietary products for clinical health care markets in interventional cardiology and radiology, cardiovascular and vascular surgery, anesthesiology, emergency medicine and critical care.

ABOUT W.L. GORE & ASSOCIATES, INC.

W.L. Gore & Associates, Inc. is a leading manufacturer of advanced technology products for the electronics, industrial, fabrics and medical markets. The Gore Medical Products Division provides such products as synthetic vascular grafts, endovascular and interventional devices, surgical meshes for hernia repair and sutures for use in vascular, cardiac, general surgery and orthopedic procedures.

This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements, including but not limited to the risk that the distribution arrangement with Gore will not enable Datascope to substantially grow its vascular graft business in the United States.


Distributed by Market Wire



 
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