Criticare Systems Comments on Share Price.

Business Editors

MILWAUKEE--(BUSINESS WIRE)--May 25, 2004

Criticare Systems, Inc. (AMEX:CMD) today commented on its recent share price decline in response to inquiries from shareholders or their representatives. As of the date of this release, the Company is not experiencing any material unplanned or unusual activity nor is it engaged in any financial transaction unrelated to its current business. The Company's balance sheet remains strong and its cash flow is sufficient to fund Company operations. Its market strategy to focus on certain niche areas, previously identified and in process, remains unchanged.

CSI (www.csiusa.com) designs, manufactures, and markets cost-effective patient monitoring systems and noninvasive sensors for a wide range of hospitals and alternate health care environments throughout the world.

This press release contains forward-looking statements. Such statements refer to the Company's beliefs and expectations. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those described. Such uncertainties include, but are not limited to, the timely completion of new products, regulatory approvals for new products, the risk of new and better technologies, risks relating to international markets, as well as general conditions and competition in the company's markets. Other risks are set forth in CSI's reports and documents filed from time to time with the Securities and Exchange Commission.