Cardica to Present at Needham & Company's Tenth Annual Growth Stock Conference.

REDWOOD CITY, Calif., Jan. 3 /PRNewswire-FirstCall/ -- Cardica, Inc. today announced that Bernard A. Hausen, M.D., Ph.D., the company's president and chief executive officer, is scheduled to present at the Needham & Company's Tenth Annual Growth Stock Conference on Tuesday, January 8, 2008, at 9:30 a.m. Eastern Time. The conference will be held at the New York Palace Hotel.

To access the live and subsequently archived webcast of the presentation, go to the Investor Relations section of the company's website at http://www.cardica.com/. Please connect to the website at least 15 minutes prior to the presentation to allow for any necessary software downloads.

About Cardica

Cardica is a leading provider of automated anastomosis systems for coronary artery bypass graft (CABG) surgery. By replacing hand-sewn sutures with easy-to-use automated systems, Cardica provides cardiovascular surgeons with rapid, reliable and consistently reproducible anastomoses, or connections of blood vessels, often considered the most critical aspect of the CABG procedure. Cardica's C-Port(R) Distal Anastomosis Systems are marketed in Europe and the United States. The PAS-Port(R) Proximal Anastomosis System is marketed in Europe and Japan and is being evaluated in a pivotal trial in the United States and Europe. Cardica also is developing additional devices with Cook Incorporated to facilitate vascular closure and other surgical procedures.

CONTACT: Bob Newell, Vice President, Finance and Operations, Chief Financial Officer of Cardica, Inc., [phone], [e-mail]; or Daryl Messinger of WeissComm Partners, Inc., [phone], [e-mail], for Cardica, Inc.

Web site: http://www.cardica.com/