Bovie Medical Prices Public Offerings of Common Stock CLEARWATER, FL

Bovie Medical Prices Public Offerings of Common Stock

CLEARWATER, FL November 10, 2016 Bovie Medical Corporation (NYSEMKT:BVX) (the Company ), a maker of medical devices and

supplies and the developer of J-Plasma , a patented new surgical product, announced today the pricing of its previously announced underwritten public offerings of 3,000,000 shares of its

common stock at a public offering price of $4.00 per share. Bovie Medical is offering 1,500,000 shares and certain selling stockholders are offering 1,500,000 shares of common stock. In connection with the offerings, Bovie Medical and the

selling stockholders have granted the underwriter a 30-day option to purchase up to an additional 450,000 shares of common stock to cover over-allotments, if any.

Cumulative gross proceeds of the offerings, excluding the proceeds from any over-allotments, are expected to be $12.0 million, of which the gross proceeds to

Bovie Medical are expected to be $6.0 million. Bovie Medical will use its proceeds from the offering to expand its sales and marketing activities, to expand its research and development efforts, to conduct clinical trials, and for general corporate

purposes and working capital. The offering is subject to customary closing conditions and is expected to close on November 15, 2016.

Jaffray is acting as sole manager of the offerings.

The offerings were made pursuant to shelf registration statements previously filed with the

Securities and Exchange Commission (the SEC ), which the SEC declared effective. A preliminary prospectus supplement has been filed with the SEC for each of the offerings and a final prospectus supplement relating to each offering will be

filed with the SEC. Copies of the final prospectus supplement and accompanying prospectus relating to these securities may be obtained, when available, by contacting Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall,

J12S03, Minneapolis, MN 55402 or by telephone at 800-747-3924 or by email at prospectus@pjc.com.

This press release is for informational purposes only

and shall not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to

registration or qualification under the securities laws of any such state or jurisdiction.

About Bovie Medical Corporation

Bovie Medical Corporation is a leading maker of medical devices and supplies as well as the developer of

J-Plasma , a patented new plasma-based surgical product for cutting and coagulation. J-Plasma utilizes a helium ionization process to

produce a stable, focused beam of ionized gas that provides surgeons with greater precision, minimal invasiveness and an absence of conductive currents through the patient during surgery. Bovie Medical Corporation is also a leader in the manufacture

of a range of electrosurgical products and technologies, marketed through both private labels and the Company s own well-respected brands (Bovie , Aaron , IDS and ICON ) to distributors worldwide. The Company also leverages its expertise through original equipment manufacturing (OEM) agreements with other medical device manufacturers.

For further information about the Company s current and new products, please refer to the Investor Relations section of Bovie Medical Corporation s website www.boviemed.com.

Cautionary Statement on Forward-Looking Statements

Certain matters discussed in this release and oral statements made from time to time by representatives of the Company may constitute forward-looking

statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable

assumptions, it can give no assurance that its expectations will be achieved.

Forward-looking information is subject to certain risks, trends and

uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company s ability to control or predict. Important factors that may cause actual results to differ materially and that

could impact the Company and the statements contained in this release can be found in the Company s filing with the Securities and Exchange Commission including the Company s Report on Form 10-K for the year ended December 31, 2015

and subsequent 10-Q filings. For forward-looking statements in this release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes

no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

Lynn Morgen/ Jane Searle