Watch List Profile: AtriCure Inc.

West Chester, OH 45069
http://www.atricure.com/
AtriCure, Inc. develops and markets precise surgical devices, which create precise lesions used in cardiac and other soft tissue. Founded in 2000 by a group of medical device specialists, the company has since succeeded in creating a greatly enhanced ablation technology for the treatment of atrial fribulation (AF). AF is a condition where erratic electronic signals to the heart cause the upper two chambers to quiver rather than beat effectively. More than 2.5 million Americans are afflicted by AF each year, a condition which makes them five-times more likely to experience a stroke.
The company's primary product is the AtriCure Isolator bipolar ablation system, however, on July 9, the company announced that it had received 510(k) FDA clearance on Isolator Synergy radiofrequency ablation clamps, a significant enhancement to their cardiac tissue ablation offering.
Since 2004, AtriCure has been experiencing very strong growth. In 2006 the company reported sales of $38.2 million, nearly double the $19.2 million in reported in 2004. Analysts are expecting 2007 sales of $48.8 million and for 2008, are calling for sales of $62.4 million.
What’s more, the company’s gross margin is very strong, clocking in at 80% of sales in 2006. On May 24, 2007, the company announced a private placement of nearly 1.8 million shares of its common stock, for a total of $16.5 million, leaving it in an enviable cash position going forward.
Jul 14 10:53am
The Freemoney Family Organization-----Medical equipment stocks look promising!: I'am sure the medical community, as well as, wall street will smile greately on any company which provides tools or equipment, which will simplify an otherwise complicated process!
The Freemoney Family Organization is committed to utilizing 50%--to--90% of its after-tax revenue, to help its official member's achieve their FINANCIAL--&--INTELLECTUAL GOALS!---For more information about the Freemoney Family Organization please visit:
www.freemoneyfamilytax.com
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www.freemoneyfamilymagazine.com
or call:
1-866-730-6293
Good luck/God bless the AtriCure company--it should see a great surge in its stock price if it is able to continue to produce these types of devices!
have a Freemoney Day!!









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