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Haemonetics Reports Third Quarter of Fiscal 11
Date:1/31/2011

usiness are accelerating driven by the Company's IMPACT accounts.  Haemonetics expects full year revenue growth of approximately 25%.  

Software Solutions revenue was $16.6 million for the quarter, up 101%, and $49.2 million year to date, up 90%.  Software Solutions growth was primarily impacted by our Global Med acquisition.  Organic software growth was 14% in the quarter and 6% year to date.  Haemonetics expects full year revenue growth of approximately 95%.

Equipment and Other revenue was $16.1 million for the quarter, up 16%, and $43.3 million year to date, up 22%.  Year to date equipment growth was impacted by the SEBRA® acquisition.  Organic equipment growth year to date was 14%.  Haemonetics expects full year revenue growth of 5-8% as we compare to Q4 fiscal 10 Equipment and Other sales of $18.8 million which included $2.5 million of one-time royalty revenue.

In the quarter, North American sales were up 6%, European sales were up 10%, Japanese sales were down 3%, and Asian sales were up 22%.  Year to date, North American sales were up 6%, European sales were up 6%, Japanese sales were up 1% and Asian sales were up 26%.

CONFERENCE CALLHaemonetics will host a webcast on Monday, January 31st at 10:00am Eastern to discuss these results.  Interested parties can participate at http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=72118&eventID=3643178

Haemonetics (NYSE: HAE) is a global healthcare company dedicated to providing innovative blood management solutions for our customers.  Together, our devices and consumables, information technology platforms, and consulting services deliver a suite of business solutions to help our customers improve clinical outcomes a
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SOURCE Haemonetics Corporation
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