Inlet Medical Names Nancy Kolb Vice President of Marketing and Jeffrey Rencher Vice President of Sales

New Hires Expand Sales and Marketing Organization

EDEN PRAIRIE, Minn. (Aug. 23, 2004) - Inlet Medical Inc., a privately held medical device company that develops and markets products for pelvic reconstructive surgery for women, has named Nancy Kolb, MSN, RN, vice president of marketing and Jeffrey Rencher vice president of sales, effective immediately. These new positions expand Inlet Medical's sales and marketing staff.

"Inlet Medical has undergone a sales and marketing transformation during this past year," said Lee Jones, president and chief executive officer, Inlet Medical. "Both Nancy and Jeff will be tremendous assets for our future growth. Women's health has become a highly visible, fast-growing segment of the healthcare market as more women and their physicians demand innovative, minimally invasive therapies. Inlet Medical is well positioned to take advantage of this trend. We are expanding our sales and marketing organization by building a national independent sales organization, increasing our telesales staff and improving customer service."

Kolb has a total of more than 30 years of experience in healthcare. Prior to coming to Inlet Medical, Kolb held a variety of positions at Gyrus Medical, a developer and manufacturer of bipolar laparoscopic surgical equipment, including director of clinical education and clinical studies; and director, gynecology global business unit, a $28 million international business unit. She also held several positions, including business unit director, at Minntech Corporation, Minneapolis. Kolb holds a master's degree in medical-surgical nursing from the University of Minnesota. She has also completed marketing course work at the University of St. Thomas, St. Paul, Minn., and the Carlson School of Management at the University of Minnesota.

Rencher previously was the mid-South regional director of Gyrus Medical's North American Sales, where he managed an eight-state sales team for two divisions. Prior to that, he was an independent sales representative at JMED, Inc., a Tennessee-based company that Rencher founded to market laparoscopic products to surgeons and hospitals. Rencher also held sales positions at Dexterity Surgical and Val-U-Med, Inc., both based in Georgia. Combined, Rencher's medical background exceeds 12 years. He holds a bachelor's degree in biology from Tulane University.

About Inlet Medical, Inc.