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CardioDynamics Reports Eighth Consecutive Quarterly Revenue Increase Over Prior Year and 12% Revenue Growth in 2008
Date:2/5/2009

Additional Key Operating Milestones for the Fourth Quarter and Fiscal 2008

  • Clinical:
    • Announced results of significant clinical study with nearly three times the national average blood pressure control rates at the American Society of Hypertension annual meeting;
    • Announced two important clinical studies correlating BioZ ICG with Ejection Fraction
    • BioZ ICG technology featured in American College of Cardiology (ACC) audio series
  • Sales & Marketing
    • Launched Comprehensive Customer Care (C3) program designed to improve ICG customer care, satisfaction and proper utilization
    • Initiated BioZ ICG CERTIFIED program, a global approach to ICG education extending from patients to all call points in physician offices and beyond to insurance payers, medical schools and patient advocacy groups.
  • Product:
    • BioZ ICG technology integrated with General Electric Healthcare's Centricity electronic medical record (EMR) system
  • Investor Relations:
    • California Equity Research, LLC, a leading independent investment research firm focused on California equities initiated coverage of CardioDynamics

Fourth Quarter and Fiscal 2008 Operating Results Discussion

The Company reported a net sales increase of 6% to $6.5 million in the fourth quarter 2008 and 12% for full year 2008 to $24.5 million, representing the second consecutive year of growth. Fourth quarter ICG sales growth was driven by a combination of a 13% increase in BioZ sales, a 255% increase in ICG Module sales and an 11% increase in ICG sensor revenue.

ICG Module sales were part
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SOURCE CardioDynamics
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1. CardioDynamics Announces Investors Retain $5.25 Million 8% Convertible Debt Securities
2. CardioDynamics Reports Second Fiscal Quarter 2008 Results, 18% Revenue Increase for First Half 2008
3. CardioDynamics Announces Second Quarter 2008 Conference Call and Webcast
4. CardioDynamics Announces Significant ICG Study with Nearly Three Times the National Average Blood Pressure Control Rates at the American Society for Hypertension Annual Scientific Meeting
5. CardioDynamics Reports 22% Revenue Growth in First Quarter 2008
6. CardioDynamics Board of Directors Proposes Reverse Split 1:7 of Companys Shares
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9. CardioDynamics Announces Third Quarter 2007 Conference Call and Webcast
10. Cepheid Reports Fourth Quarter and Full Year 2008 Results
11. Palomar Medical Reports Financial Results for Fourth Quarter and Fiscal Year 2008
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