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Volcano Corporation Announces the Relocation of Corporate Headquarters to San Diego
Date:10/6/2008

SAN DIEGO, Oct. 6 /PRNewswire-FirstCall/ -- Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing and sales of products for the diagnosis and treatment of coronary and peripheral artery disease, today announced the relocation of its corporate headquarters from Northern California's Rancho Cordova to San Diego. The new corporate headquarters is located in the Carmel Valley area of San Diego and now houses corporate executives, marketing, finance, accounting, corporate human resources, legal and catheter engineering. The company intends to expand its operations in San Diego in the future. The company's core research and development, manufacturing, operations, quality and local human resources functions will remain in Volcano's facilities in Rancho Cordova, CA.

Volcano Corporation received its initial venture capital financing from San Diego-based Domain Associates in 2001 and went public in 2006. Volcano has grown its revenue over the four-year period ending December 31, 2007 at a compounded annual growth rate of 29 percent. For the first six months of fiscal 2008, the company recorded revenues of $78.1 million, a 32 percent increase over the first six months of fiscal 2007. Volcano currently has now has more than 800 employees. The company's operations are global with approximately 50 percent of its revenue generated outside of the United States with well over 1,000 hospitals worldwide using its products on a regular basis. Currently, more than 3,500 Volcano Intravascular Ultrasound (IVUS) and Functional Measurement (FM) systems are installed worldwide.

"Volcano has experienced significant growth over the last several years," stated Scott Huennekens, President and CEO. "We have grown from a start-up r
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SOURCE Volcano Corporation
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