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ATS Medical Inc

 
Hoover's Profile: ATS Medical, Inc.
(NASDAQ (GM):ATSI)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
ATS Medical, Inc.
3905 Annapolis Ln., Ste. 105
Minneapolis, MN 55447
MN Tel. 763-553-7736
Toll Free 800-399-1381
Fax 763-557-2244

Type: Public
On the web: http://www.atsmedical.com
Employees: 301
Employee growth: 22.9%

ATS Medical keeps its products close to the heart. The company's main product is its ATS Open Pivot mechanical heart valve, which has been implanted in more than 140,000 patients worldwide. The valve was designed to lower the risk of blood clotting, reduce noise levels, and make the implantation procedure easier. ATS Medical sells the valve through a direct sales force in the US and some key international markets and through distributors elsewhere. The firm is diversifying its product offerings through acquisitions and marketing agreements.

Key numbers for fiscal year ending December, 2008:
Sales: $65.8M
One year growth: 32.7%
Net income: ($19.3)M

Officers:
Chairman, President, and CEO: Michael D. Dale
VP Operations: Craig A. Swandal
CFO: Michael (Mike) Kramer

Competitors:
Edwards Lifesciences
Medtronic
St. Jude Medical

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