Cardiogenesis' shares quoted on newly launched OTCQB market

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Cardiogenesis Corporation (OTCQB: CGCP) today announced that its shares are now being quoted on the newly launched OTCQB™ market. Launched in April 2010, the OTCQB is a new market tier for OTC-traded U.S. companies that are registered and reporting with the Securities and Exchange Commission (SEC). As a result of Cardiogenesis' OTCQB designation, investors can now view real-time stock quotes with market depth (level 2). Listings may be found at http://www.otcmarkets.com.

"We are pleased to be listed on the OTCQB Market, a platform which provides increased trading transparency and efficiency, for our shareholders and potential investors," said Paul McCormick, Executive Chairman. "We believe that listing on this higher OTC tier will provide improved liquidity in our shares and is another step towards our future goal of listing on a national exchange."

SOURCE Cardiogenesis Corporation

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