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

financial resources, the accuracy of which is necessarily subject to uncertainties and risks including the Company's primary dependence on the BioZ product line, and various uncertainties characteristic of early stage companies, as well as other risks detailed in the Company's filings with the SEC, including its 2007 Form 10-K. The Company does not undertake to update the disclosures contained in this press release.


                       CardioDynamics International Corporation
                    In thousands, except per share data (unaudited)

    Selected Consolidated
     Operational Results
                                      Three Months Ended  Twelve Months Ended
                                          November 30,         November 30,
                                         2008      2007      2008      2007

    Net sales                           $6,509    $6,151   $24,517   $21,850
    Cost of sales                        1,910     2,157     6,976     6,897
    Gross margin                         4,599     3,994    17,541    14,953
    Research and development               448       389     1,518     1,706
    Selling and marketing                3,976     3,679    15,088    14,780
    General and administrative             593       723     2,839     3,160
    Amortization of intangible assets       26        32       122       147
    Loss from operations                  (444)     (829)   (2,026)   (4,840)
    Other expense, net                    (166)     (166)     (699)     (846)
    Loss before income taxes and
     minority interest                    (610)     (995)   (2,725)   (5,686)
    Minority interest in income of
     subsidiary                            (35)      (33)     (180)      (78)
    Income tax (provision) benefit          78      (126)     (441)     (321)
    Income (loss) from discontinued
     operations                              -         -       127   (10,6
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SOURCE CardioDynamics
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