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MRI Interventions Adds Industry Veteran Maria Sainz As New Board Member

IRVINE, Calif., Jan. 6, 2014 (GLOBE NEWSWIRE) -- MRI Interventions, Inc. (OTCQB:MRIC) today announced that its Board of Directors has elected veteran medical device executive Maria Sainz as its newest director. Ms. Sainz's distinguished career in the medical device industry spans over 20 years, and includes 10 years as the top executive for both emerging businesses and large corporate divisions, strong commercial experience bringing therapies to market, significant international experience, and service on both public and private company boards.

Since April 2012, Ms. Sainz has served as President and CEO of CardioKinetix, Inc., a venture capital-backed medical device company based in Menlo Park, California, that is pioneering a catheter-based treatment for heart failure. Prior to her time at CardioKinetix, Ms. Sainz served as President and CEO of Concentric Medical, a commercial stage company that manufactured and marketed endovascular devices for revascularizing stroke patients. Under Ms. Sainz's leadership, Concentric Medical was acquired by Stryker Corporation in October 2011, at which time Ms. Sainz was named General Manager of the Concentric business within the Stryker Neurovascular division. Ms. Sainz also held several senior roles at Guidant Corporation, including President of the Cardiac Surgery Division, where she successfully grew the 500-employee division's annual revenue from $90 million to $176 million, and Vice President, Global Marketing of the Vascular Intervention Division, where she was responsible for worldwide marketing, new product and market development activities. Ms. Sainz currently serves as a director of Spectranetics, Orthofix International, and CardioKinetix. Fluent in Spanish, English and French, Ms. Sainz received her Master of International Management from The American Graduate School of International Management.

Kimble Jenkins, CEO of MRI Interventions, said, "Maria has a tremendous amount of medical device industry experience. She has led high growth, venture-backed companies as well as divisions within large corporations. With her demonstrated leadership success and operating experience, Maria's perspective will be a valuable addition to our Board, and we are extremely pleased to have her as a director."

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