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ATS Medical Expects Second Quarter Revenue of $16.7 to $16.9 Million
Date:7/7/2008

Revenue from non-mechanical heart valve businesses expected to grow over

150% from 2007 second quarter

MINNEAPOLIS, July 7 /PRNewswire-FirstCall/ -- ATS Medical, Inc. (Nasdaq: ATSI), manufacturer and marketer of state-of-the-art cardiac surgery products and services, today reported preliminary revenue results for the second quarter ended June 28, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040202/ATSILOGO)

The Company currently expects revenue for the second quarter 2008 to be between $16.7 and $16.9 million, which would represent an increase of approximately 35% over second quarter 2007 revenue of $12.4 million and an increase of approximately 13% compared to the first quarter of 2008. Revenues from products and services other than the Company's mechanical heart valves are expected to exceed $6.0 million, an increase of approximately 18% over the previous quarterly record of $5.1 million set in the first quarter of 2008. The Company expects to release its second quarter results on August 4.

"Our second quarter results were driven by strong revenue growth across all of our product lines and geographies," said Michael Dale, Chairman, President and CEO of ATS Medical. "ATS CryoMaze(TM) surgical ablation revenue is expected to be especially strong, up approximately 220% over the prior year's second quarter and 13% compared to the first quarter of 2008. Revenue from our Heart Valve Therapy product offerings is expected to increase over 10% compared to the second quarter of 2007 and 11% compared to the first quarter of 2008, driven by new product introductions."

"While we continue to seek FDA approv
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SOURCE ATS Medical, Inc.
Copyright©2008 PR Newswire.
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