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Volcano Reports Record Revenue and GAAP Profitability for 2010
Date:2/23/2011

ble debt, offset by approximately $1 million of interest expected to be capitalized for its Costa Rica facility. The company expects its effective tax rate will be approximately 29 percent for 2011.

On a GAAP basis, the company expects to report net income of $0.22-$0.24 per diluted share. Weighted average shares on a diluted basis at the end of 2011 are expected to be 55.0 million shares.

Conference Call Information

The company will hold a conference call at 2 p.m., Pacific Standard Time, (5 p.m., Eastern Standard Time) today. The teleconference can be accessed by calling (631) 291-4555, passcode 38609287, or via the company’s website at http://www.volcanocorp.com. Please dial in or access the webcast 10-15 minutes prior to the beginning of the call. A replay of the conference call will be available through March 2, at (706) 645-9291, passcode 38609287, and via the company’s website at http://www.volcanocorp.com.

About Volcano Corporation

Volcano Corporation is revolutionizing the medical device industry with a broad suite of technologies that make imaging and therapy simpler, more informative and less invasive. Our products empower physicians around the world with a new generation of analytical tools that deliver more meaningful information—using sound and light as the guiding elements. Founded in cardiovascular care and expanding into other specialties, Volcano is changing the assumption about what is possible in improving patient outcomes by combining imaging and therapy together. For more information, visit the company’s website at www.volcanocorp.com.

Non-GAAP Financial Information

This press release includes certain non-GAAP financial information as defined by the U.S. Securities and Exchange Commission Regulation G. Pursuant to the requirements of this regulatio
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