Cytori closes first half of equity agreement with Green Hospital Supply

Under this agreement, Green Hospital Supply committed to purchase two million shares of unregistered common stock at $6 per share and will be granted a non-voting observer seat on Cytori’s board of directors.

As per the amended, binding closing conditions, agreed upon by Cytori and Green Hospital Supply, Cytori has received the first $6 million payment from Green Hospital Supply in exchange for issuing the first one million shares of unregistered Cytori common stock. On or before April 30, 2008, Cytori will receive a second $6 million payment and issue Green Hospital Supply another 0ne million shares of unregistered Cytori common stock.