NxStage Medical Reports First Quarter 20...(55dialysis centers to provide home hemod...),Health

Date:5/12/2008

55 dialysis centers to provide home hemodialysis therapy to 2,481 end-stage renal disease (ESRD) patients prescribed to receive therapy with the Company's System One(TM) portable dialysis machine. This compares to 200 centers and 1,295 patients at the end of the first quarter of 2007 and 334 centers and 2,223 patients at the end of the fourth quarter of 2007.

"The scale and breadth of our three markets combined to drive revenue growth and gross margin improvement in the quarter. We are confident that home daily hemodialysis is a significant market opportunity in particular, over the long-term because of its clear patient benefits. We remain focused on delivering on our top line growth and economic improvement initiatives," said Jeffrey H. Burbank, President & CEO of NxStage Medical.

Recent Highlights

-- In May 2008, the Company estimates that more than one million home

treatments have been performed with the System One.

-- In May 2008, Medisystems Corporation, the Company's wholly-owned

subsidiary, entered into a new supply and distribution agreement with

Kawasumi Laboratories, Inc. regarding Kawasumi's continued supply of

blood tubing sets to Medisystems through January 31, 2010.

-- In March 2008, Tom Shea joined the Company as Senior Vice President of

Manufacturing Operations. Mr. Shea is responsible for all of NxStage's

manufacturing operations, including the Company's five manufacturing

facilities.

-- In February 2008, the Company began patient enrollment in an FDA IDE

study in support of a nocturnal indication for the System One.

-- In February 2008, Emil Paganini, MD, formerly Section Head of Dialysis

and Extracorporeal Therapy with the Cleveland Clinic Foundation,

joined the Company as Critical Care Medical Advisor. Dr. Paganini

provides physician leadership for corporate clinical, scientifi
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SOURCE NxStage Medical, Inc. Copyright©2008 PR Newswire. All rights reserved

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