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CardioTech International Third Quarter 2004 Earnings Conference Call.


Business Editors

WOBURN, Mass.--(BUSINESS WIRE)--Feb. 13, 2004

CardioTech International (AMEX AMEX

See: American Stock Exchange
: CTE (Coefficient of Thermal Expansion) The difference between the way two materials expand when heat is applied. This is very critical when chips are mounted to printed circuit boards, because the silicon chip expands at a different rate than the plastic board. ), a recognized leader in pioneering innovative devices that enhance the treatment of cardiovascular disease, and the only company in the world in human trials with a synthetic coronary artery bypass graft coronary artery bypass graft
n. Abbr. CABG
A surgical procedure in which a section of vein or other conduit is grafted between the aorta and a coronary artery below the region of an obstruction in that artery.
, will hold its quarterly conference call to discuss third quarter results and its 2004 outlook on Wednesday, February 18, 2004, at 4:10 p.m. Eastern Time (3:10 p.m. Central Time).

Callers in the United Stated dial: 800.299.8538. and enter passcode: 79723265; International callers dial: 617.786.2902 and enter passcode: 79723265.

The conference call will also be available for 24 hours Adv. 1. for 24 hours - without stopping; "she worked around the clock"
around the clock, round the clock
 after the call beginning at 6 pm at: 888-286-8010 for domestic callers and at: 617-801-6888 for international callers. The passcode for the replay is: 71566085.

This call is being webcast by CCBN CCBN Central Coast Bancorp
CCBN Charles County Business Network
 and can be accessed at CardioTech's web site at www.cardiotech-inc.com. The webcast can also be accessed at: www.runonideas.com

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About CardioTech:

CardioTech International, Inc. maintains operations in Woburn, Massachusetts, Plymouth, Minnesota and Rancho Santa Margarita, California Not to be confused with Santa Margarita, California, a community in San Luis Obispo County.
Rancho Santa Margarita is a city in Orange County, California, United States. It is a newer, planned community set upon rolling hills.
. CardioTech focuses on developing and marketing devices to treat cardiovascular disease.

Current revenue sources for CardioTech include patented medical grade polyurethanes for use in implantable medical devices, disposable devices manufactured on an OEM basis for Fortune 100 companies, cardiovascular tubing systems, arterial filters, oxygenators, cardioplegia delivery systems and oxygen saturation monitors. Our hydrogel hy·dro·gel
n.
A colloidal gel in which the particles are dispersed in water.



hydrogel

a gel that contains water.

hydrogel Wound care A polymer absorptive wound dressing. See Dressing.
 and alginate alginate /al·gi·nate/ (al´ji-nat) a salt of alginic acid; water-soluble alginates are useful as materials for dental impressions.  wound dressings address a combined $600 million annual market. CardioTech has also developed a synthetic coronary artery bypass graft that addresses a potential market of $1.5 billion annually.

CardioTech believes that this release contains forward-looking statements that are subject to risks and uncertainties. Such statements are based on management's current expectations and are subject to facts that could cause results to differ materially from the forward-looking statements. For further information you are encouraged to review CardioTech's filings with the Securities and Exchange Commission.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 13, 2004
Words:382
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