| Danvers,
Mass., March 7, 2006—ABIOMED, Inc. (NASDAQ: ABMD),
a leading developer, manufacturer and marketer of medical products
designed to assist or replace the pumping function of the failing
heart, today announced the showcase of its AB5000™ Circulatory
Support System at the American College of Cardiology's (ACC) 55th
Annual Scientific Session. ACC is the premier cardiovascular medical
meeting, bringing together more than 30,000 cardiologists to further
breakthroughs in cardiovascular medicine. ABIOMED will occupy booth
#3870 at the ACC Conference which is being held at the Georgia World
Congress Center in Atlanta from March 11-14.
ABIOMED is a sponsor of the Texas Heart Institute's educational
session on March 11 at 8:30 a.m. in the Atlanta Marriott Marquis.
This session entitled, "The Cardiologist's New Frontier: Mechanical
Support For Heart Failure," will include in-depth presentations
on ABIOMED's AB5000™ Circulatory Support System, BVS®
5000 Biventricular Support System, as well as the IMPELLA® RECOVER®
minimally invasive cardiovascular support systems which are available
in Europe under CE Mark approval but are not yet available in the
United States. ACC attendees interested in attending this session
should contact Gail Farnan at 954-684-9234 or gfarnan@abiomed.com.
"ABIOMED's advanced medical technologies provide patients
in acute heart failure with FDA-approved circulatory support for
all potentially recoverable indications. For cardiac surgeons and
cardiologists alike, this temporary support can potentially help
their patients avoid a heart transplant," said Michael R. Minogue,
Chairman, President and Chief Executive Officer of ABIOMED.
ABOUT ABIOMED
Based in Danvers, Massachusetts, ABIOMED, Inc. (pronounced “AB’-EE-O-MED”)
is a leading developer, manufacturer and marketer of medical products
designed to assist or replace the pumping function of the failing
heart. ABIOMED currently manufactures and sells the AB5000™
Circulatory Support System and the BVS® 5000 Biventricular Support
System for the temporary support of all patients with failing but
potentially recoverable hearts. In Europe, ABIOMED offers the IMPELLA®
RECOVER® minimally invasive cardiovascular support systems under
CE Mark approval. The IMPELLA products are not yet available for
sale in the United States. The Company’s AbioCor® Implantable
Replacement Heart was the subject of an initial clinical trial under
an Investigational Device Exemption from the United States Food
and Drug Administration. The AbioCor has not been approved for commercial
distribution, and is not available for use or sale outside of the
initial clinical trial. For additional information please visit:
www.abiomed.com.
Contacts:
Liza Heapes
ABIOMED, INC.
Media Relations
(978) 646-1668
mediarelations@abiomed.com
Daniel Sutherby
ABIOMED, INC.
Chief Financial Officer
(978) 646-1812
ir@abiomed.com
FORWARD-LOOKING STATEMENTS
This Release contains forward-looking statements, including statements
regarding development of ABIOMED’s existing and new products,
the Company’s progress toward commercial growth, and future
opportunities. The Company’s actual results may differ materially
from those anticipated in these forward-looking statements based
upon a number of factors, including uncertainties associated with
development, testing and related regulatory approvals, anticipated
future losses, complex manufacturing, high quality requirements,
dependence on limited sources of supply, competition, technological
change, government regulation, future capital needs and uncertainty
of additional financing and other risks and challenges detailed
in the Company’s filings with the Securities and Exchange
Commission, including the Annual Report filed on Form 10-K. Readers
are cautioned not to place undue reliance on any forward-looking
statements, which speak only as of the date of this Release. The
Company undertakes no obligation to publicly release the results
of any revisions to these forward-looking statements that may be
made to reflect events or circumstances that occur after the date
of this Release or to reflect the occurrence of unanticipated events.
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