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EVEREST MEDICAL NAMES SHANNON PRESIDENT AND CEO

 MINNEAPOLIS, Aug. 9 /PRNewswire/ -- Everest Medical Corporation (NASDAQ: EVMD) today announced the appointment of John L. Shannon Jr. as president and chief executive officer. Shannon, 39, replaces David D. Koentopf, who held these positions on an interim basis. Koentopf will remain as chairman of the board. Shannon was most recently employed by EdenTec Corporation, a medical device manufacturer, as president and CEO. Shannon has also held positions as president of Threshold Ventures, a Minneapolis-based venture capital company, and marketing manager for SciMed Life Systems.
 "We searched long and hard to find the right person to lead the company to profitable operations. We think John is that person. He brings a good blend of experience to Everest in general management, strategic alliances and medical device marketing," said Koentopf.
 Everest Medical Corporation is a leading designer and manufacturer of bipolar electrosurgical devices for the minimally invasive surgical markets of laparoscopic surgery and gastrointestinal endoscopy. Everest Medical Corporation stock is traded on the NASDAQ over-the-counter market under the symbol EVMD.
 -0- 8/9/93
 /CONTACT: Brian Jackson of Everest Medical Corporation, 612-473-6262/
 (EVMD)


CO: Everest Medical Corporation ST: Minnesota IN: MTC SU: PER

KH -- MN004 -- 0655 08/09/93 09:51 EDT
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Publication:PR Newswire
Date:Aug 9, 1993
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