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SynCardia's Record-Setting Q2 Marks 5th Consecutive Profitable Quarter
Date:8/9/2012

TUCSON, Ariz., Aug. 9, 2012 /PRNewswire/ -- SynCardia Systems, Inc. (www.syncardia.com), manufacturer of the world's first and only FDA, Health Canada and CE approved Total Artificial Heart, announced today record-setting revenue for the quarter ended June 30, 2012, marking the company's best quarter to date and its fifth consecutive profitable quarter.

(Photo: http://photos.prnewswire.com/prnh/20120809/LA54747)

"Although many companies in the mechanical circulatory support space are struggling to be profitable, SynCardia has posted its best six months and trailing 12 months in company history for sales, implants and profits," said Michael Garippa, Chairman/CEO/President. "More implants of the SynCardia temporary Total Artificial Heart have been performed in the first half of 2012 than all 12 months of 2009. We are also in the final steps of submitting our Premarket Approval Supplement to the FDA for the Freedom® portable driver."

On April 24, 2012, SynCardia completed the minimum enrollment required by the FDA-approved Investigational Device Exemption (IDE) clinical study of the Freedom portable driver. Weighing 13.5 pounds, the Freedom portable driver is the world's first wearable power supply for the SynCardia Total Artificial Heart. Worldwide, the Freedom driver, which is also CE approved for use in Europe, has supported more than 90 patients, accounting for more than 34 patient years of support.

In July, SynCardia announced that among the top 50 centers honored in

SOURCE SynCardia Systems, Inc.
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