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Mr. Garofalo, who has served as the Chief Financial Officer of numerous start-ups, has extensive experience in financing and managing innovative medical device companies.

Before joining Saphena he was the CFO of Spirus Medical, Inc. from its inception until it was acquired by Olympus Corporation in 2011. Prior to that he was the CFO of Angiolink Corporation from its inception until its sale to Medtronic in 2004. Before that Mr. Garofalo was the sole proprietor of Eastern Consulting, a financial and interim CFO consulting firm located in Massachusetts. Prior to forming Eastern Consulting, Mr. Garofalo was CFO of Jandel Scientific Software until its acquisition by SPSS Inc. in 1996. Mr. Garofalo was a partner at Berg and Company, a San Francisco-based firm specializing in turnaround management and interim CFO services.

Mr. Garofalo earned his M.B.A. from the University of California, Berkeley in 1987 and graduated first in his class with a B.B.A in 1981 from the University of Massachusetts, Amherst. Mr. Garofalo is a Certified Public Accountant (CPA).