PLANO, TX — Argon Medical Devices, Inc. (Argon), a leading global manufacturer and marketer of specialty medical devices used in interventional procedures, announced today that it has formalized a Medical Advisory Board comprised of distinguished physicians from institutions across the United States who specialize in interventional medicine. The Medical Advisory Board will continue to provide scientific and clinical expertise to guide the organization in planning and implementing product development initiatives and marketing programs with the goal of improving the lives of patients and their caregivers.

Divestiture positions Argon to increase focus on the growth and expansion of its Interventional business

Argon Medical Devices, Inc. announced the completed acquisition of three vascular products from Rex Medical, LLC. The OptionELITE™ Retrievable Vena Cava Filter, CLEANER™ Rotational Thrombectomy System, and UltraStream™ Chronic Hemodialysis Catheter are now wholly owned by Argon Medical Devices, Inc. Prior to this transaction, the products were licensed and distributed by Argon through an exclusive agreement with Rex Medical. All three best-in-class product families have displayed significant growth under Argon’s leadership. The addition of these safe and proven technologies to Argon Medical’s portfolio firmly establishes the company’s position as a market leader in the treatment of venous disease.

Argon Medical Devices, Inc. announced today that the company has received clearance from the US Food and Drug Administration to begin marketing the CLEANER XT™ and CLEANER 15™ Rotational Thrombectomy Systems for mechanical declotting and controlled and selective infusion of physician-specified fluids, including thrombolytics, in the peripheral vasculature.