KYPH Kyphon (MM)

Company to Open the NASDAQ Stock Market to Commemorate Five Years as Publicly-Traded Company SUNNYVALE, Calif., May 9 /PRNewswire-FirstCall/ -- Kyphon Inc. (NASDAQ:KYPH) today announced that it will host an investor and analyst meeting on Thursday, May 17, 2007. The formal portion of the meeting will take place from 12:30 p.m. to 2:00 p.m. Eastern Time at the NASDAQ MarketSite located at 4 Times Square, New York, New York. The company also announced that Richard Mott, president and chief executive officer of Kyphon, will preside over the opening bell of the NASDAQ Stock Market the same day at 9:30 a.m. Eastern Time. Management team members from Kyphon participating in the investor & analyst meeting will be Mr. Mott; Karen Talmadge, Ph.D., executive vice president, co-founder and chief science officer; Art Taylor, chief operating officer; and Maureen Lamb, chief financial officer. Before the start of the meeting, Kyphon will host a lunch reception beginning at 11:30 a.m. Eastern Time at the NASDAQ MarketSite. The meeting and webcast will begin promptly at 12:30 p.m. Eastern Time. For those planning to attend the meeting in person, you must pre-register by contacting Beverly Loveless at 408-548-5415 or at by Monday, May 14, 2007. Please note that we anticipate not being able to accommodate walk-up registrations or registrations after May 14, 2007. Webcast and Conference Call Information The formal portion of the investor & analyst meeting will take place from 12:30 p.m. to 2:00 p.m. Eastern Time. A simultaneous webcast of the meeting will be available from the Investor Relations section of the company's corporate Web site at http://ir.kyphon.com/. The webcast will be archived on this site for a minimum of two months. Interested parties may also access the meeting by dialing 1-800-361-0912 (U.S.) or 913-981-5559 (International) and enter the confirmation code 3604457. An audio replay of the meeting will be available beginning from 5:30 p.m. Eastern Time on Thursday, May 17, 2007, until 12:00 a.m. Eastern Time on Monday, June 18, 2007. To access the replay, dial 888-203-1112 (U.S.) or 719-457-0820 (International) and enter the confirmation code 3604457. About the NASDAQ Stock Market Opening Bell The NASDAQ Stock Market rings the opening bell at 9:30 a.m. Eastern Time and a live webcast of the NASDAQ Opening Bell will be available beginning at 9:20 a.m. Eastern Time at: http://www.nasdaq.com/reference/marketsite_about.stm. Viewers can scroll to the bottom of the page to access the MarketSite live webcam link. Windows Media Player is necessary to view the webcam. About Kyphon Inc. Kyphon develops and markets medical devices designed to restore and preserve spinal function and diagnose the source of low back pain using minimally invasive technologies. The company's products are used in balloon kyphoplasty for the treatment of spinal fractures caused by osteoporosis or cancer, in the Functional Anaesthetic Discography(TM) procedure for diagnosing the source of low back pain, and in the Interspinous Process Decompression procedure for treating lumbar spinal stenosis. More information about the company and its products can be found at http://www.kyphon.com/. NOTE: Functional Anaesthetic Discography is a trademark, and Kyphon is a registered trademark, of Kyphon Inc. KYPHG DATASOURCE: Kyphon Inc. CONTACT: Julie D. Tracy, Vice President, Chief Communications Officer, +1-408-548-6687, or Web site: http://www.kyphon.com/

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