Dr. Jay Yadav, CardioMEMS Founder & CEO, Named Ernst & Young Entrepreneur of the Year®

ATLANTA, June 27, 2011 /PRNewswire/ — CardioMEMS,
Inc., an Atlanta-based medical device company that has
developed and is commercializing a proprietary wireless sensing and
communication technology for the human body, today announced that
its founder and CEO,
Jay Yadav, M.D., has been honored with a Ernst & Young
Entrepreneur of The Year® award in the health sciences category
for the Alabama/Georgia/Tennessee region.  According to Ernst
& Young LLP, the award recognizes entrepreneurs whose
ingenuity, hard work, and innovation have created successful and
growing businesses in the region. Dr. Yadav received his award
during a black-tie gala held last Thursday night at The
InterContinental Hotel.

“I am honored to receive the Ernst and Young Entrepreneur of the
Year Award in the health sciences category,” said Dr. Yadav. “To be
considered among the top entrepreneurial successes in our region is
rewarding and, more importantly, a testament to CardioMEMS and its
team that has worked diligently over the past ten years to bring
our Company’s unique technology to market.”

Dr. Yadav, an interventional cardiologist, founded CardioMEMS in
2000 to develop new devices for the treatment of chronic diseases,
such as heart failure, using minimally invasive techniques. Dr.
Yadav’s most recent success is development of the Champion™
Heart Failure Monitoring System, the first, wireless, permanently
implantable device that allows cardiologists to monitor heart
failure patients from their homes. The device’s successful clinical
trial demonstrated a 38% reduction in heart failure-related
hospitalizations which could potentially save the U.S. health care
system over $8 billion annually.

“The Ernst & Young Entrepreneur of the Year Award is
recognized throughout the business community as the most
prestigious bus

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