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CardioDynamics Receives Nasdaq Letter of Non-Compliance With Minimum Bid Price Requirement
Date:4/18/2008

ecutive Officer, stated, "We look forward to completing the reverse split process and maintaining our Nasdaq listing. We are in the midst of a positive turnaround in the business with five consecutive quarters of revenue growth and most recently, achieved 22% growth in our first quarter, 2008. We believe that the capital structure, post-reverse split, will be more attractive to potential investors considering the revenue growth we are experiencing, international sales momentum, new partnership development and intense focus on achieving positive operating cash flow by the fourth quarter, 2008."

About CardioDynamics:

CardioDynamics, the ICG Company, is the innovator and leader of an important medical technology called impedance cardiography. The Company develops, manufactures and markets noninvasive diagnostic and monitoring technologies and medical device electrodes. The Company's ICG Systems are being used by physicians around the world to help battle the number one killer of men and women -- cardiovascular disease. Partners include GE Healthcare and Philips Medical Systems. For additional information, please refer to the company's Web site at http://www.cdic.com.

Forward-Looking (Safe Harbor) Statement:

Except for historical and factual information contained herein, this press release contains forward-looking statements, including the Company's ability to regain compliance with Nasdaq listing standards and remain listed on Nasdaq, continuation of positive business turnaround, attractiveness to potential investors, and achievement of positive operating cash flow, the accuracy of which is necessarily subject to uncertainties and risks including the requirement for shareholder approval of the reverse split proposal, the Company's primary dependence on the BioZ product line, and various uncertainties characteristic of early growth companies, as well as other risks detailed in the Company's fili
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SOURCE CardioDynamics International Corporation
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