Official Opening of Creganna Facility, Marlborough MA

- Irish company opens facility in Massachusetts –

- Irish & MA Government Officials perform opening ceremony to mark

St. Patrick’s Day celebrations in the New England area –

Marlborough, Massachusetts March 14^th 2008: The official opening of the Creganna facility at Marlborough, MA took place this morning. The opening ceremony was jointly performed by Minister Brian Lenihan, T.D., Irish Minister for Justice, Equality and Law Reform and Undersecretary Gregory Bialecki, from the Executive Office of Housing and Economic Development, Massachusetts.

Creganna is an industry leader in the design and manufacturing of components and sub-assemblies for medical device and life science companies.

Addressing a large gathering of Creganna’s local customers, staff and invited guests, Minister Lenihan spoke about the deepening economic links between America and Ireland. “Many people are aware of the American investment in Ireland but perhaps may not be fully aware that Irish companies are now making substantial investments in the United States. This greater reciprocity between our two countries will undoubtedly lead to further economic development on both sides of the Atlantic.” To illustrate this reciprocity, Minister Lenihan explained “Over the last seven years Irish companies have increased their presence in the US market fivefold. Today, Irish companies now employ over 80,000 people in the US.”

Undersecretary Bialecki, speaking on behalf of the State of Massachusetts commented that “Creganna’s decision to locate in Massachusetts illustrates the vibrancy of the Med Tech sector in this state. We expect the sector will continue to thrive under the recently passed MA LifeScience Bill where $1 billion will be invested in this industry over the next 10 years.”

Creganna representative, Alan Crean spoke about the company’s plan for its Marlborough manufacturing facility. “This facility is the beachhead for a program of expansion and development in the US” he commented. “Creganna has consistently demonstrated strong business growth and we have ambitious plans for our Marlborough site to follow this growth path.” The company expects to create additional employment and to expand its manufacturing footprint in Marlborough during 2008.

Acknowledging the support of Enterprise Ireland, the Government agency responsible for the development and promotion of Irish companies in export markets, Alan Crean said “The local offices of Enterprise Ireland have been an invaluable resource for Creganna, providing assistance and on-the-ground support for our development in the US market.”

Creganna is a leader in the design and manufacturing of delivery devices for minimally invasive medical products and is Ireland’s largest indigenous company in the medical device sector.

Minister Lenihan is the Irish Government Representative for St. Patrick’s Day celebrations in the New England area. The opening of the Creganna facility was included in the engagement list of official St. Patrick’s Day events for the state of MA. Other engagements include a St. Patrick’s Day breakfast hosted by MA Senator, John Hart and attendance at the Newport St. Patrick’s Day Parade in Rhode Island.

About Creganna

Creganna create, design and build products and technologies for medical device and life science companies. Creganna specializes in solutions for catheter and specialty needle applications. Components and sub-assemblies in a range of metals, polymers and composite materials are provided. Creganna is a trusted supplier to the world’s leading medical device manufacturers. The company has manufacturing facilities in Galway, Ireland and Marlborough, Massachusetts. More information can be found at www.creganna.com

About Creganna: Marlborough facility

Creganna’s Marlborough facility first opened for business in 2007. There are 30 people currently employed by the company at its 13,500 sq. ft. facility in Marlborough with plans to grow the number of staff to 50 during 2008. The facility is located in the centre of the MA medical device cluster, the second largest concentration of Med Tech companies in the US.

Company Contact:

Maura Leahy

Creganna Medical Devices

Mobile: +353 86 8552434

Office: + 353 91 735 229

maura.leahy@creganna.com