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Alsius Corporation Reports Record Fourth Quarter and Full Year 2007 Financial Results
Date:3/13/2008

or through the Investor Relations page on http://www.alsius.com.

--Tables to follow--

ALSIUS CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(In Thousands, Except Share and Per Share Data)

Three Months Year

Ended December 31, Ended December 31,

2007 2006 2007 2006

Revenue $2,709 $1,958 $9,114 $5,979

Cost of revenue* 1,955 1,634 7,341 6,167

Gross margin 754 324 1,773 (188)

Operating expenses:

Research and development* 1,325 868 3,920 2,948

Sales and marketing* 3,456 2,018 11,211 6,045

General and administrative* 1,646 909 5,471 4,352

Total operating expenses 6,427 3,795 20,602 13,345

Loss from operations (5,673) (3,471) (18,829) (13,533)

Other income (expense):

Interest income 270 4 708 76

Interest expense (262) (966) (4,149) (2,064)

Other income (expense) - (394) 35 (2,057)

Net loss $(5,665) $(4,827) $(22,235) $(17,578)

Net loss per share - basic

and diluted $(0.31) $(0.44) $(1.49) $(1.60)

Weighted average shares

outstanding - basic and

diluted 18,253,500 10,974,100 14,873,916 10,974,100

* Stock-based compensation is

included in the above amounts


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SOURCE Alsius Corporation
Copyright©2008 PR Newswire.
All rights reserved

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