----

| Delaware                 |   | 94-3018487                           |
|--------------------------|--------|--------------------------------------|
| (State of incorporation) |        | (I.R.S. Employer Identification No.) |

|   | o | Yes | x | No |
|--------|---|-----|---|----|

|   | o | Yes | x | No |
|--------|---|-----|---|----|

|   | x | Yes | o | No |
|--------|---|-----|---|----|

|  | x | Yes | o | No |
|--|---|-----|---|----|

| Large accelerated filer o                      | Accelerated filer o | Non-accelerated filer* o | Smaller reporting company x |
|------------------------------------------------|---------------------|--------------------------|-----------------------------|
| *(Do not check if a smaller reporting company) |                |                     |

|   | o | Yes | x | No |
|--------|---|-----|---|----|

----

----

----

| Part III |                                                                                           |   |
|----------|------------------------------------------------------------------------------------------------|--------|
|     |                                                                                           |   |
| ITEM 10. | Directors, Executive Officers and Corporate Governance                                         | 4      |
| ITEM 11. | Executive Compensation                                                                         | 9      |
| ITEM 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 17     |
| ITEM 13. | Certain Relationships and Related Transactions, and Director Independence                      | 19     |
| ITEM 14. | Principal Accounting Fees and Services                                                         | 19     |
|     |                                                                                           |   |
| Part IV  |                                                                                           |   |
|     |                                                                                           |   |
| ITEM 15. | Exhibits and Financial Statement Schedules                                                     | 20     |
|          | Signatures                                                                                     | 21     |

**i**

----

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| ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE. |
|----------|---------------------------------------------------------|

| Name               |    Age |
|--------------------|------------------|
| Craig W. Moore     | 69               |
| Patrick J. McEnany | 66               |
| Robin C. Stracey   | 55               |
| Matthew T. Plavan  | 49               |

| Craig W. Moore, Chairman | Director since 2009 |
|--------------------------|---------------------|

| Patrick J. McEnany | Director rejoined in 1997 |
|--------------------|---------------------------|

| Robin C. Stracey | Director since 2011 |
|------------------|---------------------|

----

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| Matthew T. Plavan | Director since 2012 |
|-------------------|---------------------|

|  Name         | Position                                                                                                                                                                         | Age    |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Mr. Matthew Plavan | Chief Executive Officer; previously Chief Financial Officer until March 27, 2013                                                                                                 | 49     |
|               |                                                                                                                                                                                  |   |
| Mr. Dan Bessey     | Chief Financial Officer, appointed on March 27, 2013                                                                                                                             | 48     |
|               |                                                                                                                                                                                  |   |
| Mr. Hal Baker      | VP, Commercial Operations & Marketing                                                                                                                                        | 64     |
|               |                                                                                                                                                                                  |   |
| Mr. Kevin Cooksy   | VP, Corporate Development, Scientific & Regulatory Affairs until September 24, 2012, then VP Corporate Development & Scientific Affairs                                  | 51     |
|               |                                                                                                                                                                                  |   |
| Mr. Ken Pappa      | VP, Manufacturing, Engineering & Quality until October 1, 2012, then VP Manufacturing & Engineering until February 4, 2013, then VP of Manufacturing, Engineering and IT | 52     |

----

Table of Contents

|  | - | Majority of the members of the Board should be independent directors; |
|--|---|-----------------------------------------------------------------------|

|  | - | Formalization of the ability of each committee to retain independent advisors; |
|--|---|--------------------------------------------------------------------------------|

|  | - | Performance of an annual assessment of the Board’s performance by the Governance and Nominating Committee; |
|--|---|------------------------------------------------------------------------------------------------------------------|

|  | - | Directors will have open access to the Company’s management; and |
|--|---|------------------------------------------------------------------------|

|  | - | Independent directors may meet in executive session prior to or after each regularly scheduled Board meeting without management present. |
|--|---|------------------------------------------------------------------------------------------------------------------------------------------|

----

Table of Contents

----

Table of Contents

----

Table of Contents

| ITEM 11. | EXECUTIVE COMPENSATION. |
|----------|-------------------------|

----

Table of Contents

----

Table of Contents

| SUMMARY COMPENSATION TABLE                           |   |
|------------------------------------------------------|--------|
| Name and Principal Position                          | Year   |   | Salary ($) |   |   | Bonus ($) |   |   | Stock Awards ($)(1) |   |   | Option Awards ($)(1) |   |   | All Other Compensation ($) |   |   | Total ($) |   |
| Matthew Plavan                                       | 2013   |   |   | 315,000 |   |   |   | -- |   |   |   | -- |   |   |   | 88,000 |   |   |   | -- |   |   |   | 403,000 |   |
| Chief Executive Officer (2)                          | 2012   |   |   | 315,000 |   |   |   | -- |   |   |   | 149,000 |   |   |   | -- |   |   |   | -- |   |   |   | 464,000 |   |
|  2011                                           |   |   | 301,000 |   |   |   | 89,000 | (3)  |   |   | 68,000 |   |   |   | 92,000 |   |   |   | -- |   |   |   | 550,000 |   |
| Dan Bessey                                           | 2013   |   |   | 61,000 |   |   |   | -- |   |   |   | 46,000 |   |   |   | 22,000 |   |   |   | -- |   |   |   | 129,000 |   |
| Chief Financial Officer(4)                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Hal Baker                                            | 2013   |   |   | 263,000 |   |   |   | 99,000 | (5)  |   |   | -- |   |   |   | -- |   |   |   | 8,000 | (6)  |   |   | 370,000 |   |
| V.P., Commercial Operations                          | 2012   |   |   | 262,000 |   |   |   | 85,000 | (5)  |   |   | 99,000 |   |   |   | -- |   |   |   | 9,000 | (6)  |   |   | 455,000 |   |
| & Marketing                                      | 2011   |   |   | 250,000 |   |   |   | 178,000 | (7)  |   |   | -- |   |   |   | 69,000 |   |   |   | 8,000 | (6)  |   |   | 505,000 |   |
| Kevin Cooksy                                         | 2013   |   |   | 240,000 |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 240,000 |   |
| V.P., Corporate Development & Scientific Affairs | 2012   |   |   | 193,000 |   |   |   | 4,000 | (8)  |   |   | 82,000 |   |   |   | -- |   |   |   | -- |   |   |   | 279,000 |   |
| Ken Pappa                                            | 2013   |   |   | 245,000 |   |   |   | 25,000 | (9)  |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 270,000 |   |
| V.P., Engineering                                    | 2012   |   |   | 239,000 |   |   |   | -- |   |   |   | 99,000 |   |   |   | -- |   |   |   | -- |   |   |   | 338,000 |   |
| & Manufacturing                                  | 2011   |   |   | 215,000 |   |   |   | -- |   |   |   | -- |   |   |   | 35,000 |   |   |   | -- |   |   |   | 250,000 |   |

----

| (1) | The amounts reported are the aggregate grant date fair value of the awards computed in accordance with Financial Accounting Standards Board’s Codification topic 718. See Note 1 of notes to Financial Statements set forth in our Annual Report on Form 10-K for fiscal 2013 for the assumptions used in determining such amounts. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Mr. Plavan was appointed Chief Executive Officer in January 2012 and from 2005 until Mr. Bessey’s appointment also served as Chief Financial Officer. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents a retention bonus of $50,000 and a gross-up for taxes of $39,000. |
|-----|------------------------------------------------------------------------------|

| (4) | Mr. Bessey was hired as Chief Financial Officer on March 28, 2013. |
|-----|--------------------------------------------------------------------|

| (5) | Represents commission payments as Vice President in charge of sales. |
|-----|----------------------------------------------------------------------|

| (6) | Includes $8,000 in payments for an auto allowance. |
|-----|----------------------------------------------------|

| (7) | Represents $89,000 commission payments as Vice President of Commercial Operations and $50,000 as a retention bonus with a gross-up for taxes of $39,000. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Represents a referral bonus. |
|-----|------------------------------|

| (9) | Represents a bonus for the completion of the sale of the CryoSeal product line. |
|-----|---------------------------------------------------------------------------------|

----

Table of Contents

| Name           | Grant Date    | Date of Meeting |   | All Other Stock Awards:Number of Shares ofStock orUnits (#) |   |      | All Other Option Awards: Number of Securities Underlying Options (#) |   |      | Exercise or Base Price of Option Awards ($/SH) |   |   | Grant Date Fair Value of Stock and Option Awards ($) |   |
|----------------|---------------|-----------------|--------|-------------------------------------------------------------|--------|-----------|----------------------------------------------------------------------|--------|-----------|------------------------------------------------|--------|--------|------------------------------------------------------|--------|
| Matthew Plavan |  7/30/12 | 7/30/12         |   |                                                        | --     |      |                                                                 |   | 162,500   | (1)                                       |   |   | 0.925                                                |   |   |   | 88,000 |   |
| Dan Bessey     | 3/27/13       | 3/26/13         |   |                                                        | 50,000 | (2)  |                                                                 |   | --        |                                           |   |   | --                                                   |   |   |   | 46,000 |   |
|  3/27/13  | 3/26/13       |            |   | --                                                          |   |      |                                                                 | 50,000 | (3)  |                                           |   | 0.91   |                                                 |   |   | 22,000 |   |

----

| (1) | The option vests in three equal installments on July 29, 2013, 2014 and 2015. |
|-----|-------------------------------------------------------------------------------|

| (2) | The restricted stock award shown vests in three equal installments on March 27, 2014, 2015 and 2016. |
|-----|------------------------------------------------------------------------------------------------------|

| (3) | The option award vests in three equal installments on March 27, 2014, 2015 and 2016. |
|-----|--------------------------------------------------------------------------------------|

|           |   | Option Awards                                                       |   | Stock Awards |                                                                  |
|----------------|--------|---------------------------------------------------------------------|--------|--------------|-----------------------------------------------------------------------|
| Name           |   | Number of Securities Underlying Unexercised Options (#) Exercisable |   |         | Number of Securities Underlying Unexercised Options (#) Unexercisable |   |   | Option Exercise Price ($) |   | Option Expiration Date |   | Number of Shares or Units of Stock That Have Not Vested (#) |   |   | Market Value of Shares or Units of Stock That Have Not Vested ($) |   |
| Matthew Plavan |   |                                                                | 25,000 |         |                                                                  |   | -- |   |   |   | 2.54 |   | 7/30/13 |   |  |   |   |  |   |
|           |   |                                                                | 37,500 |         |                                                                  |   | 12,500 | (1)  |   |   | 2.32 |   | 6/10/15 |   |  |   |   |  |   |
|           |   |                                                                | 25,000 |         |                                                                  |   | 25,000 | (2)  |   |   | 2.88 |   | 2/15/16 |   |  |   |   |  |   |
|           |   |                                                                | --     |         |                                                                  |   | 162,500 | (3)  |   |   | 0.93 |   | 7/29/16 |   |  |   |   |  |   |
|           |   |                                                                |   |         |                                                                  |   |   |   |   |   |   |   |   |   |   | 10,000 | (4)  |   |   | 14,000 |   |
|           |   |                                                                |   |         |                                                                  |   |   |   |   |   |   |   |   |   |   | 50,000 | (5)  |   |   | 68,000 |   |
| Dan Bessey     |   |                                                                | --     |         |                                                                  |   | 50,000 | (6)  |   |   | 0.91 |   | 3/26/17 |   |   |   |   |   |   |   |   |
|           |   |                                                                |   |         |                                                                  |   |   |   |   |   |   |   |   |   |   | 50,000 | (6)  |   |   | 68,000 |   |
| Hal Baker      |   |                                                                | 25,000 |         |                                                                  |   | -- |   |   |   | 2.88 |   | 8/10/13 |   |   |   |   |   |   |   |   |
|           |   |                                                                | 28,125 |         |                                                                  |   | 9,375 | (1)  |   |   | 2.32 |   | 6/10/15 |   |   |   |   |   |   |   |   |
|           |   |                                                                | 18,750 |         |                                                                  |   | 18,750 |   |   |   | 2.88 |   | 2/15/16 |   |   |   |   |   |   |   |   |
|           |   |                                                                |   |         |                                                                  |   |   |   |   |   |   |   |   |   |   | 33,333 | (5)  |   |   | 45,000 |   |
| Kevin Cooksy   |   |                                                                |   |         |                                                                  |   |   |   |   |   |   |   |   |   |   | 33,333 | (5)  |   |   | 45,000 |   |
| Ken Pappa      |   |                                                                | 18,750 |         |                                                                  |   | -- |   |   |   | 2.54 |   | 7/30/13 |   |   |   |   |   |   |   |   |
|           |   |                                                                | 17,500 |         |                                                                  |   | -- |   |   |   | 2.28 |   | 2/8/14 |   |   |   |   |   |   |   |   |
|           |   |                                                                | 14,064 |         |                                                                  |   | 4,686 | (1)  |   |   | 2.32 |   | 6/10/15 |   |   |   |   |   |   |   |   |
|           |   |                                                                | 9,375  |         |                                                                  |   | 9,375 | (2)  |   |   | 2.88 |   | 2/15/16 |   |   |   |   |   |   |   |   |
|           |   |                                                                |   |         |                                                                  |   |   |   |   |   |   |   |   |   |   | 33,333 | (5)  |   |   | 45,000 |   |

----

| (1) | Vests on June 10, 2014. |
|-----|-------------------------|

| (2) | One-half vests on February 15, 2014 and 2015. |
|-----|-----------------------------------------------|

| (3) | One-third vests on July 29, 2014, 2015 and 2016. |
|-----|--------------------------------------------------|

| (4) | Vests on June 1, 2014. |
|-----|------------------------|

| (5) | One-half vests on July 29, 2013 and 2014. |
|-----|-------------------------------------------|

| (6) | One-third vests on March 26, 2014, 2015 and 2016. |
|-----|---------------------------------------------------|

----

Table of Contents

|      |   | Stock Awards                            |   |
|-----------|--------|-----------------------------------------|--------|
| Name      |   | Number of shares acquired on vesting(#) |   |   | Value realized on vesting($) |   |
| M. Plavan |   |                                    | 35,000 |   |   | $ | 34,000 |   |
| H. Baker  |   |                                    | 16,667 |   |   | $ | 15,000 |   |
| K. Cooksy |   |                                    | 16,667 |   |   | $ | 16,000 |   |
| K. Pappa  |   |                                    | 16,667 |   |   | $ | 15,000 |   |

|      |   | Termination Without Cause |      |   | Termination following a Change of Control(1)(2)(3) |   |
|-----------|--------|---------------------------|-----------|--------|----------------------------------------------------|--------|
| Name      |   | Salary                    |      |   | Health Benefits                                    |   |   | Total |   |   | Salary |   |   | Total |   |
| M. Plavan |   | $315,000                  | (4)  |   | --                                                 |   |   | $315,000 |   |   | $473,000 |   |   | $473,000 |   |
| D. Bessey |   | --                        |      |   | $12,000                                            |   |   | $12,000 |   |   | $250,000 |   |   | $250,000 |   |
| H. Baker  |   | $132,000                  | (1)  |   | $14,000                                            |   |   | $146,000 |   |   | $263,000 |   |   | $263,000 |   |
| K. Cooksy |   | $120,000                  | (1)  |   | $1,000                                             |   |   | $121,000 |   |   | $240,000 |   |   | $240,000 |   |
| K. Pappa  |   | $123,000                  | (1)  |   | $13,000                                            |   |   | $136,000 |   |   | $245,000 |   |   | $245,000 |   |

----

| (1) | Payable in a lump-sum payment. |
|-----|--------------------------------|

|  | (2) | This table does not include an estimate for the acceleration of vesting of stock options upon a change in control as this benefit is available to all employees with outstanding stock options as provided in the Equity Plans at the discretion of the Plan Administrator. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | The CEO’s prior Employment Agreement provided for a one-time payment equal to twelve months base salary in the event there is a Change of Control and the CEO continues to work in his current position with no significant changes.  However, under the employment agreement approved on October 25, 2013 the CEO will only receive a payment if terminated upon a change of control as defined below. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | Payable in biweekly installments for one year. |
|--|-----|------------------------------------------------|

| a) | the Company issues securities equal to 50% or more of the Company’s issued and outstanding voting securities, determined as a single class; |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------|

| b) | the Company issues securities equal to 50% or more of the issued and outstanding common stock of the Company in connection with a merger, consolidation or other business combination; |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c) | the Company is acquired in a merger or other business combination transaction in which the Company is not the surviving company; or |
|----|-------------------------------------------------------------------------------------------------------------------------------------|

| d) | all or substantially all of the Company’s assets are sold or transferred. |
|----|---------------------------------------------------------------------------------|

| a) | willful or habitual breach of Executive’s duties; |
|----|---------------------------------------------------------|

| b) | fraud, dishonesty, deliberate injury or intentional material misrepresentation by Executive to the Company or any others; |
|----|---------------------------------------------------------------------------------------------------------------------------|

| c) | embezzlement, theft or conversion by Executive; |
|----|-------------------------------------------------|

| d) | unauthorized disclosure or other use of the Company’s trade secrets, customer lists or confidential information; |
|----|------------------------------------------------------------------------------------------------------------------------|

| e) | habitual misuse of alcohol or any non-prescribed drug or intoxicant; |
|----|----------------------------------------------------------------------|

| f) | willful misconduct that causes material harm to the Company; |
|----|--------------------------------------------------------------|

----

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| g) | willful violation of any other standards of conduct as set forth in Company’s employee manual and policies; |
|----|-------------------------------------------------------------------------------------------------------------------|

| h) | conviction of or plea of guilty or nolo contendere to a felony or misdemeanor involving moral turpitude; |
|----|----------------------------------------------------------------------------------------------------------|

| i) | continuing failure to communicate and fully disclose material information to the Board of Directors, the failure of which would adversely impact the Company or may result in a violation of state or federal law, including securities laws; or |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| j) | debarment by any federal agency that would limit or prohibit Executive from serving in his capacity for the Company under this Agreement. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | The Company issues securities equal to fifty percent 50% or more of the Company’s issued and outstanding voting securities, determined as a single class, to any individual, firm, partnership or other entity, including a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934; |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The Company issues securities equal to fifty percent 50% or more of the issued and outstanding common stock of the Company in connection with a merger, consolidation or other business combination; |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | The Company is acquired in a merger or other business combination transaction in which the Company is not the surviving company; or |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| (d) | all or substantially all of the Company’s assets are sold or transferred to a third party. |
|-----|--------------------------------------------------------------------------------------------------|

----

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| Fee                                                 |   | Amount  |   |
|-----------------------------------------------------|--------|---------|--------|
| Annual non-executive chairman of the board retainer |   | $20,000 |   |
| Quarterly director retainer                         |   | $6,000  |   |
| Annual retainer for chairman of a committee         |   | $5,000  |   |
| Fee for each board meeting attended                 |   | $1,500  |   |
| Fee for each committee meeting attended             |   | $1,000  |   |

----

Table of Contents

| Name                                                |   | Fees Earned or Paid in Cash($) |   |   | StockAwards(1)(2)($) |   |   | Option Awards(1)(3)($) |   |   | Total($) |      |
|-----------------------------------------------------|--------|--------------------------------|--------|--------|----------------------|--------|--------|------------------------|--------|--------|----------|-----------|
| Mr. Craig W. Moore                                  |   |                           | 66,000 |   |                 |   | 14,000 |                   |   |   | 8,000    | (4)  |   |   | 88,000 |   |
| Mr. David W. Carter resigned effective May 21, 2013 |   |                           | 46,000 |   |                 |   | --     |                   |   |   | 8,000    | (4)  |   |   | 54,000 |   |
| Mr. Patrick J. McEnany                              |   |                           | 54,000 |   |                 |   | --     |                   |   |   | 8,000    | (4)  |   |   | 62,000 |   |
| Mr. Robin C. Stracey                                |   |                           | 33,000 |   |                 |   | 19,000 |                   |   |   | --       |      |   |   | 52,000 |   |

----

|  | (1) | The amounts reported are the aggregate grant date fair value of the awards computed in accordance with Financial Accounting Standards Board’s Codification topic 718. See Note 1 of notes to Financial Statements set forth in our Annual Report on Form 10-K for fiscal 2013 for the assumptions used in determining such amounts for option awards. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Prior to the beginning of the calendar year Mr. Moore and Mr. Stracey elected to receive common stock in lieu of cash for a portion of their Board of Director fees, which fees are paid in quarterly installments. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | The following table sets forth the aggregate number of option awards held by each non-employee director as of June 30, 2013: |
|--|-----|------------------------------------------------------------------------------------------------------------------------------|

| Name                   |   | Aggregate Number of Option Awards |   |
|------------------------|--------|-----------------------------------|--------|
| Mr. Craig W. Moore     |   | 61,250                            |   |
| Mr. David W. Carter    |   | 61,250                            |   |
| Mr. Patrick J. McEnany |   | 94,000                            |   |
| Mr. Robin C. Stracey   |   | 25,000                            |   |

| (4) | $8,000 reflects the grant date fair value of the annual option awarded to existing directors who have served for one full year at the time of grant. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------|

----

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| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS. |
|----------|-------------------------------------------------------------------------------------------------|

| Plan Category                                              |   | Number of securities to be issued upon exercise of outstanding options and restricted stock(a) |      |   | Weighted-average exercise price of outstanding options(b) |   |   | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)(1))(c) |   |
|------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------|-----------|--------|-----------------------------------------------------------|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Equity compensation plans approved by security holders     |   |                                                                                           | 1,453,753 |   |                                                      |   | $2.36  |                                                                                                                                              |   |   | 1,404,125 |   |
| Equity compensation plans not approved by security holders |   |                                                                                           | --        |   |                                                      |   |   |                                                                                                                                              |   |   | -- |   |
| Total                                                      |   |                                                                                           | 1,453,753 |   |                                                      |   |   |                                                                                                                                              |   |   | 1,404,125 |   |

----

| (1) | Under the Company’s 2006 Equity Incentive Plan, the number of shares of common stock equal to six percent (6%) of the number of outstanding shares of the Company are authorized to be used.  Under this provision, the number of shares available to grant for awards will increase at the beginning of each fiscal year if options were granted or additional shares of common stock were issued in the preceding fiscal year. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name and Address of Beneficial Owner            |   | Amount and Nature of Beneficial Ownership(1) |    |      | Percent of Class |   |
|-------------------------------------------------|--------|----------------------------------------------|---------|-----------|------------------|--------|
| Craig Moore                                     |   |                                         | 103,740 | (2)  |             |   | * |   |
| Patrick McEnany                                 |   |                                         | 105,207 | (3)  |             |   | * |   |
| Robin Stracey                                   |   |                                         | 55,757  | (4)  |             |   | * |   |
| Matthew Plavan                                  |   |                                         | 177,152 | (5)  |             |   | * |   |
| Dan Bessey                                      |   |                                         | --      |      |             |   | -- |   |
| Harold (Hal) Baker                              |   |                                         | 69,575  | (6)  |             |   | * |   |
| Kevin Cooksy                                    |   |                                         | 22,318  |      |             |   | * |   |
| Ken Pappa                                       |   |                                         | 78,856  | (7)  |             |   | * |   |
| Officers & Directors as a Group (8 persons) |   |                                         | 612,605 |      |             |   | 3.6 | % |

----

| (1) | “Beneficial Ownership” is defined pursuant to Rule 13d-3 of the Exchange Act, and generally means any person who directly or indirectly has or shares voting or investment power with respect to a security. A person shall be deemed to be the beneficial owner of a security if that person has the right to acquire beneficial ownership of the security within 60 days, including, but not limited to, any right to acquire the security through the exercise of any option or warrant or through the conversion of a security. Any securities not outstanding that are subject to options or warrants shall be deemed to be outstanding for the purpose of computing the percentage of outstanding securities of the class owned by that person, but shall not be deemed to be outstanding for the purpose of computing the percentage of the class owned by any other person. Some of the information with respect to beneficial ownership has been furnished to us by each director or officer, as the case may be. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Table of Contents

| (2) | Includes 42,490 shares of common stock and 61,250 shares of common stock issuable upon the exercise of options. |
|-----|-----------------------------------------------------------------------------------------------------------------|

| (3) | Includes 26,832 shares of common stock and 78,167 shares of common stock issuable upon the exercise of options. Also includes 208 shares of common stock owned by McEnany Holding, Inc. Mr. McEnany is the sole shareholder of McEnany Holding, Inc. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Includes 24,090 shares of common stock and 31,667 shares of common stock issuable upon the exercise of options. |
|-----|-----------------------------------------------------------------------------------------------------------------|

| (5) | Includes 60,485 shares of common stock and 116,667 shares of common stock issuable upon the exercise of options. |
|-----|------------------------------------------------------------------------------------------------------------------|

| (6) | Includes 22,700 shares of common stock and 46,875 shares of common stock issuable upon the exercise of options. |
|-----|-----------------------------------------------------------------------------------------------------------------|

| (7) | Includes 37,917 shares of common stock and 40,939 shares of common stock issuable upon the exercise of options. |
|-----|-----------------------------------------------------------------------------------------------------------------|

----

Table of Contents

| ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE. |
|----------|----------------------------------------------------------------------------|

| ITEM 14. | PRINCIPAL ACCOUNTING FEES AND SERVICES. |
|----------|-----------------------------------------|

| Fee Category          |   | Fiscal 2013 |    |   | Fiscal 2012 |   |
|-----------------------|--------|-------------|---------|--------|-------------|--------|
| Audit Fees(1)         |   | $           | 410,000 |   |        | $      | 341,000 |   |
| Audit-Related Fees(2) |   |        | 94,000  |   |        |   | -- |   |
| Tax Fees(3)           |   |        | 21,000  |   |        |   | 19,000 |   |
| All Other Fees(4)     |   |        | --      |   |        |   | -- |   |
| Total Fees            |   | $           | 525,000 |   |        | $      | 360,000 |   |

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|  | (1) | The audit fees for fiscal 2013 and fiscal 2012 consisted of fees for the audit of our financial statements, the review of the interim financial statements included in our quarterly reports on Form 10-Q, and other professional services provided in connection with statutory and regulatory filings or engagements. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Includes fees billed for due diligence services regarding the proposed merger with TotipotentRX. There were no fees for audit-related services by Ernst & Young LLP for the fiscal year ended June 30, 2012. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | Tax fees consist of fees for tax compliance, which relate to the preparation of federal and state tax returns. |
|--|-----|----------------------------------------------------------------------------------------------------------------|

|  | (4) | All other fees consist of fees for other permissible work performed by Ernst & Young LLP that does not meet with the above category descriptions.  There were no fees for other services by Ernst & Young LLP for the fiscal years ended June 30, 2013 and 2012. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 15. | EXHIBITS AND FINANCIAL STATEMENT SCHEDULES |
|----------|--------------------------------------------|

| (b) | Exhibits |
|-----|----------|

| Exhibit No. | Document Description                                                                                       |
|-------------|------------------------------------------------------------------------------------------------------------|
| 31.1        | Certification by the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| 31.2        | Certification by the Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |

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Table of Contents

|                    |   | ThermoGenesis Corp.     |
|-------------------------|--------|-------------------------|
|                    |        |                         |
| Dated: October 25, 2013 | By:/s/ | Dan T. Bessey           |
|                    |   | Chief Financial Officer |

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