Second and Final Closing Brings Total to $6 Million DALLAS, Nov. 15 /PRNewswire-FirstCall/ -- Crdentia Corp. (OTC:CRDT) (BULLETIN BOARD: CRDT) , a leading healthcare staffing company, today announced it has completed a second and final closing of its private placement equity offering with additional investments of $1.05 million, bringing the total capital raised to $6 million. The proceeds from the offering will be used for working capital and strategic initiatives, including financing the Company's recent acquisitions of Medical People Healthcare Services, Inc. and ATS Health Services. "I am pleased to announce the completion of this additional equity financing, which enables us to pursue our strategic growth plans of establishing Crdentia as a leading full-service supplier of healthcare staffing throughout the Sun Belt region," said John Kaiser, CEO. "Importantly, the capital raised helped to finance our recent acquisitions that have transformed Crdentia into a substantially larger company, both in terms of revenue and our geographical service footprint. With the completion of this financing, we are also pleased to welcome new institutional investors to our growing base of shareholders." Including the amount raised in the first closing, announced October 29, 2007, terms of the total funding include the issuance of approximately 19.2 million shares of common stock and five-year warrants to purchase approximately 9.6 million shares of common stock for $0.35 per share in a cash only exercise. Global Hunter Securities, LLC acted as placement agent for the financing. The shares of common stock sold in the private placement have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from the registration requirements. Crdentia has agreed to file a registration statement with the Commission covering the resale of the common stock sold in the private placement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. About Crdentia Corp. Crdentia Corp., one of the nation's leading providers of healthcare staffing solutions, is focused on recruiting talented national and international healthcare professionals to meet the ever-increasing employment needs of over 1,500 clients. Crdentia is one of the few companies that can provide quality temporary staff for all healthcare industry positions including local nurses, travel nurses, allied health and locum tenens professionals. For more information, visit http://www.crdentia.com/. Forward Looking Statements Statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, those discussed in "Risk Factors" in the Company's Forms 10-K, Forms 10-Q, and other filings with the Securities and Exchange Commission. Such risk factors include, but are not limited to, a limited operating history with no earnings; reliance on the Company's management team, members of which have other business interests; the ability to successfully implement the Company's business plan; the ability to continue as a going concern; the ability to fund the Company's business and acquisition strategy; the growth of the temporary healthcare professional staffing business; difficulty in managing operations of acquired businesses; uncertainty in government regulation of the healthcare industry; and the limited public market for the Company's common stock. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Crdentia undertakes no obligation to revise or update publicly any forward-looking statements for any reason. Contact Crdentia Corp. John Kaiser, CEO Phone: 972.850.0780 Fax: 972.392.2722 Jim TerBeest, CFO Phone: 972.850.0780 Fax: 972.392.2722 DATASOURCE: Crdentia Corp. CONTACT: John Kaiser, CEO, , or Jim TerBeest, CFO, , both of Crdentia Corp., +1-972-850-0780, fax, +1-972-392-2722 Web site: http://www.crdentia.com/

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