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CryoCath Technologies, Inc.

Cryotherapy company reports 28% increase in revenue over Q1 2004

Published in Cardiovascular Business Week, March 22nd, 2005

CryoCath Technologies, Inc., a developer of cryotherapy products to treat cardiovascular disease, announced financial results for the first quarter ended December 31, 2004.

Selected first-quarter financial and operating highlights include:

1) Twenty-eight percent increase in revenue over first quarter of fiscal 2004;

2) Thirty-eight percent increase in disposable units sold over first quarter of fiscal 2004;

3) Increased gross margins from 55% in first quarter of 2004 to 64% in first quarter of 2005;

4) Repeat orders as a percentage of total orders reached 70%;

5)...

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