SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): AUGUST 5, 2003


                                 CRYOLIFE, INC.
               (Exact name of registrant as specified in charter)

                         Commission File Number: 1-13165

            FLORIDA                                       59-2417093
 (State or other jurisdiction of               (IRS Employer Identification No.)
         incorporation)



      1655 ROBERTS BOULEVARD N.W.
         KENNESAW, GEORGIA                                  30144
 (Address of principal executive offices)                 (Zip Code)



        Registrant's telephone number including area code: (770) 419-3355



          (Former name or former address, if changed since last report)






ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     (a)  Financial Statements.

          Not applicable.

     (b)  Pro Forma Financial Information.

          Not applicable.

     (c)  Exhibits.

          Exhibit Number              Description
          --------------              -----------

          99.1                        Press Release dated August 5, 2003


ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

The information  provided  pursuant to this Item 12 is to be considered  "filed"
under the Securities  Exchange Act of 1934 ("Exchange  Act") and incorporated by
reference into those filings of CryoLife, Inc. ("CryoLife") that provide for the
incorporation  of all reports and documents filed by CryoLife under the Exchange
Act.

On August 5, 2003,  CryoLife  issued a press release  announcing its results for
the quarter  ended June 30,  2003.  CryoLife  hereby  incorporates  by reference
herein the  information  set forth in its Press  Release dated August 5, 2003, a
copy of which is attached hereto as Exhibit 99.1.  Except as otherwise  provided
in the press release, the press release speaks only as of the date of such press
release and such press release shall not create any implication that the affairs
of CryoLife have continued unchanged since such date.

Except for the historical  information  contained in this report, the statements
made  by  CryoLife  are  forward-looking   statements  that  involve  risks  and
uncertainties. All such statements are subject to the safe harbor created by the
Private  Securities  Litigation Reform Act of 1995.  CryoLife's future financial
performance could differ  significantly  from the expectations of management and
from results expressed or implied in the Press Release.  For further information
on other risk factors, please refer to the "Risk Factors" contained in the press
release and in CryoLife's Form 10-K for the fiscal year ended December 31, 2002,
as filed with the Securities  and Exchange  Commission.  CryoLife  disclaims any
obligation or duty to update or modify these forward-looking statements.



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                                    SIGNATURE


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                               CRYOLIFE, INC.



Date: August 5, 2003           By:   /s/ D. Ashley Lee
                                  ----------------------------------------------
                                  Name:  D. Ashley Lee
                                  Title: Vice President, Chief Financial
                                         Officer and Treasurer





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                                  EXHIBIT INDEX



Exhibit Number     Description                                        Page
--------------     -----------                                        ----

      99.1         Press Release dated August 5, 2003                    5