ATS Medical Announces Third Quarter 20... (ly malleable by hand. This combination ...)

ATS Medical Announces Third Quarter 2009 Results

Date:11/2/2009

ly malleable by hand. This combination of attributes makes the probe particularly useful in minimally invasive cardiac arrhythmia procedures.

The Company received CE Mark for the new ATS CryoMaze 10-S Probe in October. European launch of the 10-S Probe will begin in the fourth quarter.

"Our focused R&D investments continue to deliver new products that are specifically designed to meet the unique needs of our cardiac surgeon customers around the world," commented Mr. Dale. "We have confidence that we have the right portfolio of current and upcoming products to deliver continued growth and expand our market presence in all segments."

2009 Guidance

For the full year 2009 the Company re-affirmed its previous revenue guidance of $77 to $79 million. Additionally, the Company anticipates it may generate net income in the fourth quarter of 2009.

Conference Call Today

ATS management will host a conference call today, November 2, 2009, at 5:00 p.m. ET to discuss its 2009 third quarter financial results and current corporate developments. The dial-in number for the conference call is 866-700-0161 for domestic participants and 617-213-8832 for international participants with a passcode of 96839682. A live webcast of the call can also be accessed at www.atsmedical.com by clicking on the Investors icon.

A taped replay of the conference call will also be available beginning approximately one hour after the call's conclusion and will remain available for seven days. The replay can be accessed by dialing 888-286-8010 for domestic participants and 617-801-6888 for international callers, using the passcode 52986153.

Disclosure of Non-GAAP Financial Measures

ATS reports its financial results in accordance with generally accepted accounting principles (GAAP). In addition, from time to time, we include other measu
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SOURCE ATS Medical, Inc.
Copyright©2009 PR Newswire.
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ATS Medical Announces Third Quarter 20...(ly malleable by hand. This combination ...),Health