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ANGEION RECEIVES FAVORABLE RULING IN INSURANCE COVERAGE CASE

August 31, 2005

Angeion Corporation (Nasdaq: ANGN) announced today that in an Order dated August 25, 2005, Judge David S. Doty of the United States District Court for the District of Minnesota granted Angeion's motion for partial summary judgment in the pending lawsuit Medmarc Casualty Insurance Company v. Angeion Corporation, ELA Medical, Inc. and ELA Medical SA. The Judge's Order found that Medmarc had a duty to defend Angeion against ELA's cross-claim and Medmarc breached that duty. The Court also ruled that Medmarc is obligated to pay Angeion's reasonable defense fees and costs that related to ELA Medical's cross-claim. The Judge also denied Medmarc's motion for Summary Judgment that Medmarc had no duty to defend.

PR Newswire (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-30-2005/0004096926&EDATE)