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ATS Medical Announces Second Quarter 2009 Results
Date:8/3/2009

======= ======= ======= ======= Weighted average number of shares outstanding: Basic and diluted 71,688 60,018 71,471 59,877 ====== ====== ====== ======

    ATS Medical, Inc.
    Condensed Consolidated Balance Sheets
    (in thousands)
    --------------

                                                   July 4,       December 31,
                                                    2009             2008
                                                    ----             ----
    Assets
    Cash and short-term investments               $11,322          $20,895
    Accounts receivable                            15,343           14,532
    Inventories, net                               21,227           20,208
    Prepaid expenses                                1,746              958
                                                    -----              ---
        Total current assets                       49,638           56,593

    Property and equipment, net                     6,792            7,031
    Intangible assets                              47,530           49,131
    Other assets                                    1,455            2,226
                                                    -----            -----
    Total assets                                 $105,415         $114,981
                                                 ========         ========


    Liabilities & shareholders' equity
    Accounts payable                               $4,233           $4,054
    Accrued compensation                            2,001            3,537
    Current maturities of bank notes
     payable                                        2,646            2,646
    Payable to CryoCath Technologies Inc.               -            1,910
    Payable to CarboMedics Inc.
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SOURCE ATS Medical, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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