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AtriCure Reports Fourth Quarter and Full Year 2007 Record Financial Results
Date:2/14/2008

Highlights

* Record 2007 revenues of $48.3 million - up 26% over 2006

* Record 2007 domestic open-heart revenues of $27.3 million - up 18% * Record 2007 minimally invasive product revenues of $14.4 million - up 31%

* Record 2007 international revenues of $6.6 million - up 58%

* Fourth quarter 2007 net loss narrows to record low of $1.6 million

* ABLATE clinical trial initiated

WEST CHESTER, Ohio, Feb. 14 /PRNewswire-FirstCall/ -- AtriCure, Inc. (Nasdaq: ATRC), a medical device company and leader in cardiac surgical ablation systems, today announced record revenues for 2007 of $48.3 million and record quarterly revenues of $13.2 million for its fourth quarter 2007. The net loss for the quarter was $1.6 million, a $2.7 million, or 63.3 %, improvement over the fourth quarter of 2006 and the most favorable performance since becoming a public company.

"We are very encouraged by our 2007 performance and financial results. We have achieved high revenue growth in all of our business sectors and we are demonstrating strong operating leverage. Importantly, there are several key market indicators which we believe suggest that our minimally invasive business sector is positioned to gain rapid and increasing physician adoption," said David J. Drachman, President and Chief Executive Officer. "During 2007, the extraordinary men and women of AtriCure have further positioned our Company to make significant contributions toward improving and preserving human life. We strongly believe that no other atrial fibrillation company is better prepared or positioned than AtriCure to deliver results for patients, physicians and shareholders."

Record 2007 Financia
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SOURCE AtriCure, Inc.
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