Dextera Surgical to Announce Fiscal 2016 Fourth Quarter

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News Desk 2018
Dextera Surgical to Announce Fiscal 2016 Fourth Quarter Financial Results on Tuesday, August 9, 2016

REDWOOD CITY, Calif. , July 29, 2016 (GLOBE NEWSWIRE) -- Dextera Surgical Inc. (Nasdaq: DXTR ) today announced that it will release financial results for its fiscal fourth quarter and full year ended June 30, 2016, on Tuesday, August 9, 2016, after the markets close. Dextera Surgical’s management will host a conference call, which will include a brief presentation and question and answer session with Joel Dunning, M.D., at 4:30 p.m. Eastern Time to discuss the financial results and provide an update on the company’s business. Dr. Dunning is a cardiothoracic surgeon at James Cook University Hospital, Department of Cardiothoracic Surgery in Middlesbrough, U.K.

Conference Call Details To access the live conference call on August 9, 2016, at 4:30 p.m. Eastern Time via phone, please dial 877-797-0722 from the United States and Canada or 615-247-0191 internationally. The conference ID is 54847839. Please dial in approximately 10 minutes prior to the start of the call. A telephone replay will be available beginning approximately four hours after the call through August 16, 2016, and may be accessed by dialing 855-859-2056 from the United States and Canada or 404-537-3406 internationally. The replay passcode is 54847839.

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

The webcast is also being distributed through the Thomson StreetEvents Network. Institutional investors can access the call via Thomson StreetEvents at www.streetevents.com , a password-protected event management site.

About Dextera Surgical

Dextera Surgical (Nasdaq: DXTR ) designs and manufactures proprietary stapling devices for minimally invasive surgical procedures. In the U.S., surgical staplers are routinely used in more than one million minimally invasive laparoscopic, video-assisted or robotic-assisted surgical procedures annually.

The company's signature proprietary technology, the MicroCutter 5/80 Stapler, is the world's first and only five-millimeter surgical stapler that articulates to 80 degrees in each direction. As the smallest-profile articulating stapler available today, the MicroCutter 5/80 Stapler may reduce the amount of dissection and tissue handling required to position the stapler in confined spaces, enabling access to difficult-to-reach anatomy.  The cartridge-based device's small size and wide articulation range are designed to enhance the surgeon's access and visualization at the surgical site and to mitigate limitations on the advancement of minimally invasive surgical approaches created by larger stapling devices.

Dextera Surgical also markets the only automated anastomosis devices for coronary artery bypass graft (CABG) surgery on the market today: the C-Port® Distal Anastomosis Systems and PAS-Port® Proximal Anastomosis System. These products, sold by Dextera Surgical under the Cardica brand name, have demonstrated long-term reliable clinical performance for more than a decade.

Contact: Bob Newell Vice President, Finance and Chief Financial Officer (650) 331-7133 investors@cardica.com Media: Kelly Morrison +1 (224) 240-1481 kelly@kellyamorrison.com

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