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Interim report January-March 2013

Strong sales growth and positive cash flow from operating activities

FIRST QUARTER

• Sales increased by 23 percent in local currency. Sales were the highest ever for an individual quarter and amounted to SEK 16.3 (13.8*) million, corresponding to an increase of 18 percent in SEK.

• Operating income before depreciation and amortization (EBITDA) amounted to SEK 3.8 (5.0*) million, corresponding to an EBITDA margin of 23 percent.

• Net income amounted to SEK 2.4 million, resulting in earnings per share of SEK 0.12.

• Cash flow from operating activities was SEK 4.0 million.

• In late March, the FDA responded with further supplementary questions regarding the application for marketing approval of STEEN Solution™ on the American market. Xvivo plans to have its formal response to these questions submitted by the end of April/beginning of May.

• The clinical study in the USA is proceeding according to plan with good clinical results. 36 of a planned 42 patients had received transplants by the end of the period. The company expects the study to be completed during the second quarter 2013.

• There continues to be a great deal of interest from clinics in the USA.

• Storage and distribution of products for Europe/Asia has now been taken over by the company’s own organization.

• The sales and marketing organization has been enhanced with the appointment of a global sales and marketing director and a regional manager for Europe.

April 19, 2013
Gothenburg

XVIVO Perfusion AB (publ)
Magnus Nilsson, CEO

* Comparative figures for 2012 are Vitrolife’s Transplantation segment such as it was reported in Vitrolife’s reporting

For further information please contact:

Magnus Nilsson, CEO, tel: +46 31 788 21 50, e-mail: magnus.nilsson@xvivoperfusion.com
Christoffer Rosenblad, CFO, tel: +46 31 788 21 59, e-mail: christoffer.rosenblad@xvivoperfusion.com
For further information on XVIVO Perfusion’s business, please refer to the company’s website, www.xvivoperfusion.com

Xvivo Perfusion is required to publish the information in this press release in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 19, 2013 at 1:00 p.m.

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

About us

Founded in 1998, XVIVO is the only medical technology company dedicated to extending the life of all major organs so transplant teams around the world can save more lives.
Our solutions allow leading clinicians and researchers to push the boundaries of transplantation medicine.
XVIVO is headquartered in Gothenburg, Sweden, and has offices and research sites on three continents. The company is listed on Nasdaq.

Contact

Swedish Office
XVIVO Perfusion AB
Box 53015
SE-400 14 Göteborg
Sweden

Phone: +46 31 788 21 50
Fax: +46 31 788 21 69
info@xvivogroup.com

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