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ATS Medical Announces Record Quarterly and Full Year Revenue
Date:2/25/2008

most competitive Open Pivot product, with the same

hemodynamic features as its existing supra annular AP valve but with a

revised cuff design to enable easier suturing. A limited launch has

begun and initial physician experience has been extremely positive.

The Company is currently building inventory in preparation for a wider

launch in the second quarter.

Repair Products

-- ATS Simulus(R) Semi-Rigid and Adjustable Flexible Rings: Initial

launch and implants have been completed and surgeon feedback has been

very positive. Both rings have been designed to be easily used with

the da Vinci(R) robotic system from Intuitive Surgical (Traded on the

NASDAQ stock exchange under the symbol "ISRG") and minimally invasive

repair techniques. Because of the ease of suture placement, the ATS

Simulus Flexible rings and bands are fast becoming the annuloplasty

device of choice among surgeons performing surgical robotic mitral

valve repair.

"We finished 2007 with good momentum and a strong product pipeline that will continue to drive our growth in 2008," continued Mr. Dale. "Our new development efforts have produced innovative new products designed specifically to improve efficacy for the cardiac surgeon and safety for their patients. As a result, we have made substantial progress on several key milestones -- diversifying our revenue sources, leveraging our sales force and enhancing our profit potential. We believe 2008 will be another landmark year for ATS and we look forward to continued growth and enhanced financial performance."

Additional Financial Results

The operating loss for the fourth quarter was $4.9 million compared with an operating loss of $5.6 million in the fourth quarter of 2006. The net loss for the 2007 fourth quarter was $6.2 million, or $0.10 per share, compared with $6.1 million, or $0.15 per
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SOURCE ATS Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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