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Stereotaxis Reports Record Second Quarter Revenue
Date:8/5/2008

tereotaxis

Stereotaxis designs, manufactures and markets an advanced cardiology instrument control system for use in a hospital's interventional surgical suite to enhance the treatment of coronary artery disease and arrhythmias. The Stereotaxis System is designed to enable physicians to complete more complex interventional procedures by providing image guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites. This is achieved using computer-controlled, externally applied magnetic fields that govern the motion of the working tip of the catheter or guidewire, resulting in improved navigation, shorter procedure time and reduced x-ray exposure. The core components of the Stereotaxis system have received regulatory clearance in the U.S., Europe and Canada.

This press release includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance for the Company's products in the marketplace, competitive factors, changes in government reimbursement procedures, dependence upon third-party vendors, timing of regulatory approval and return of the irrigated catheter to the market, and other risks discussed in the Company's periodic and other filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. There can be no assurance that the Company will recognize revenue related to its purchase orders and other commitments in any particular period or at all because some of these purchase orders
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SOURCE Stereotaxis, Inc.
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Related medicine news :

1. Stereotaxis Announces Second Quarter 2008 Earnings Release Date and Conference Call
2. Stereotaxis Magnetic Navigation System Used to Successfully Treat an Inoperable Congenital Heart Defect in a 10-Year Old Patient
3. Stereotaxis Reports Record First Quarter Orders
4. Stereotaxis to Present at the Deutsche Bank 33rd Annual Health Care Conference
5. Stereotaxis Niobe Magnetic Navigation Systems Perform Approximately 15,000 Cases
6. Stereotaxis Appoints Senior Vice President of Global Marketing and General Manager for Europe
7. Stereotaxis Announces Fourth Quarter and Full Year 2007 Earnings Release Date and Conference Call
8. Stereotaxis to Present at the Deutsche Bank Small- and Mid-Cap Growth Conference
9. Stereotaxis Receives $20 Million in Additional Loan Commitments
10. Stereotaxis Provides Fourth Quarter 2007 Revenue Outlook
11. Stereotaxis Highlights Live Coronary and Peripheral Vascular Cases Performed at TCT With Stereotaxis Magnetic Navigation System
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