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ATS Medical Announces Fourth Quarter and Full Year 2009 Results
Date:3/1/2010

pany had non-GAAP earnings before interest, taxes, depreciation and amortization (EBITDA) of $2.0 million for the full year 2009 compared to an EBITDA loss of $10.3 million for the full year 2008.  A reconciliation of reported net loss to non-GAAP EBITDA for these periods is provided in a schedule accompanying this press release.  

Recent Product Highlights and Upcoming Events

Mechanical Heart Valves

  • The Company plans to begin human feasibility studies of its proprietary Forcefield technology applied to the OpenPivot® mechanical heart valve in the second half of 2010. The Forcefield technology is designed to eliminate the need for chronic anticoagulant therapy with certain implantable devices through the use of electrical fields to modify the interaction between the blood and the device.  

Tissue Heart Valves


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SOURCE ATS Medical, Inc.
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