Forward -looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Act of 1995.S.

About AngioDynamics

AngioDynamics, Inc.

mtg subsidiaries

The Company 's business involves
marketing and underwriting of non-standard personal automobile insurance
primarily in Texas, Arizona and New Mexico, marketing commercial insurance
primarily in Texas, New Mexico, Idaho, Oregon and Washington, third party
claims administration, and other insurance related services .----AngioDynamics,
Inc.

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Interest on the
trust preferred securities is payable quarterly in arrears , but may be
deferred from time to time at the election of the Company for up to 20
consecutive quarters.
Investors are cautioned that actual results may differ substantially from such
forward -looking statements.

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(Amex: HAF.EC) today announced the completion of the private
placement of $30 million in trust preferred securities by a newly formed and
wholly owned trust subsidiary. Schwarz ,
Hallmark's President and Chief Executive Officer.hallmarkgrp., Sirenza Microdevices is a leading designer and an ISO 9001:2000 Quality
Management System and ISO 14001:2004 Environmental Management System certified
(registered by QMI) supplier of high performance radio frequency (RF)
components for the commercial communications and A+D equipment markets.

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The $30 million in trust preferred securities bears interest at a fixed
annual rate of 7.

For further information , please contact:
Mark J.

AngioDynamics to Hold Fiscal Third Quarter Financial Results Conference Call on Tuesday March 29 2005

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Hallmark Financial Services Inc. Completes Placement of Trust Preferred Securities

M. Best has recognized the strong
operating performance and enhanced financial strength of our insurance
subsidiaries.

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m.com/cgi-bin/prnh/20030820/SMDILOGO )

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Sirenza's integrated circuit (IC) and multi-chip module (MCM) product lines
include amplifiers, power amplifiers, transceivers, tuners, discrete devices,
RF signal processing components , signal source components, government and
military specified components, and antennae and receivers for satellite radio.
To participate in the live call by telephone, please dial (877)
815-7177 from the U. Eastern Time March
29, 2005 through 11:59 p. It offers a broad
line of therapeutic and diagnostic devices that enable interventional
physicians, such as interventional radiologists , vascular surgeons and
others, to treat peripheral vascular diseases and other non-coronary
diseases .

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725% for the first ten years and at a floating annual rate of
LIBOR plus 3.M. "We continue to pursue the
regulatory process necessary to consolidate our non-standard automobile
insurance business into one insurance subsidiary and to convert our other
personal lines insurance subsidiary to a commercial lines insurance carrier.
Mark J.angiodynamics. designs, develops, manufactures and markets
innovative medical devices used in minimally invasive, image-guided
procedures to treat peripheral vascular disease.

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FORT WORTH, Texas, Hallmark Financial
Services, Inc., Sirenza Microdevices,
Inc . All other trademarks are property of their
respective owners.
Those interested in listening to the conference call live via the
Internet may do so by visiting the Investor Relations section of
AngioDynamics' web site at http://investor.m.

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Detailed product information may be found on Sirenza's website at
http://www.

Please submit your URL to another category.

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The proceeds of this placement, together with
$45 million in proceeds from the Company's recently completed shareholder
rights offering, have been contributed to the Company's two insurance
subsidiaries, American Hallmark Insurance Company of Texas and Phoenix
Indemnity Insurance Company, in order to strengthen their financial condition
and underwriting capacity.348. Gerardi, chief financial officer, will host an investment community
conference call beginning at 4:30 p.

This category is being disbanded.

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"

Hallmark Financial Services, Inc.1600
http://www.S.m.

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M. Best ratings , we believe
that we are well positioned to write and retain additional personal lines
business and to directly write commercial lines business upon completing the
realignment of our insurance operations. engages primarily in the sale of
property and casualty insurance products. Morrison
Chief Operating Officer + Chief Financial Officer
817 .
Eastern Daylight Time at Oppenheimer's Wireless: The Next Dimension
conference at the Boston Park Plaza hotel in Boston, Massachusetts.

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The trust preferred securities have a 30-year term, but
are redeemable by the Company at par commencing in June 2010.

(Logo: http://www. Eastern Time on March 31 by dialing (800)
642-1687 (domestic) or (706) 645-9291 (international) and entering
conference ID number 4979020.

Thanks
ODP Editors

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has raised the financial strength ratings of both insurance subsidiaries., with design centers throughout the
U.sirenza.Y.

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EC".
Headquartered in Broomfield, Colo.newscom.m.

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In a related development, the Company also announced that A. Forward-looking statements involve risks and
uncertainties including, but not limited to, continued acceptance of the
Company's products and services in the marketplace, competitive factors,
interest rate trends, the availability of financing, underwriting loss
experience and other risks detailed from time to time in the Company's
registration statement and periodic reports filed with the Securities and
Exchange Commission.
An archive of the webcast will be available for 30 days in the investor
relations section of our website, http://www.com. Hobbs, president and chief executive officer, and Joseph
G.

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In
light of the improved operating performance and enhanced capital surplus of
each insurer, A. With the infusion of this $75 million in additional working
capital and the significant improvement in our A.com

(Nasdaq: SMDI), a leading designer and an ISO 9001:2000 Quality
Management System and ISO 14001:2004 Environmental Management System certified
supplier of high performance radio frequency (RF) components for the
commercial communications and aerospace and defense (A+D) equipment markets,
announced that Chuck Bland, chief operating officer, is scheduled to present
an overview of the company's business on Tuesday, May 24, 2005 at 3:15 p.sirenza. Eastern Time on March 29th to
discuss these results and to answer questions.

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Best Co.com. (Nasdaq:ANGO) today announced that the company will release third
quarter results on Tuesday, March 29, 2005 after market close .

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Best has upgraded the financial strength rating of American
Hallmark Insurance Company of Texas from "B (Fair)" to "A- (Excellent)" and
has upgraded the financial strength rating of Phoenix Indemnity Insurance
Company from "B- (Fair)" to "B+ (Very Good)".
We expect to begin underwriting commercial lines insurance in Texas and Oregon
early in the third quarter," Mr. The Company is
headquartered in Fort Worth, Texas, and its common stock is listed on the
American Stock Exchange under the symbol "HAF.
A replay will be available on the Web site for 12 months.

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Sirenza Microdevices to Present at Oppenheimer's Wireless: The Next Dimension Conference

Sirenza Microdevices , Inc.
Eamonn P., or for international callers, please dial
(706) 634-1250. To
listen to the live call, please go to the Web site 15 minutes prior to
its start to register, download, and install the necessary audio
software.

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M.

Business Editors/Health/Medical Writers

QUEENSBURY , N.

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Morrison, Hallmark's Chief Operating Officer and Chief Financial
Officer, stated, "We are gratified that A. BROOMFIELD, Colo.com/. A
telephone replay will be available from 7:30 p.

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250% thereafter until maturity or redemption.
"The issuance of these trust preferred securities represents a significant
additional step in implementing our strategic plan to enhance the structure
and broaden the scope of our insurance operations," stated Mark E. Schwarz continued.

NOTE: Sirenza Microdevices(R) and the Sirenza logo are trademarks of
Sirenza Microdevices, Inc. AngioDynamics' diversified product line includes
angiographic catheters, hemodialysis catheters, PTA dilation
catheters , thrombolytic products, image-guided vascular access
products, endovascular laser venous system products , as well as
drainage products.