| Danvers,
Mass., September 30, 2005—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, announced today that Louis E. Lataif, Dean of the Boston University
School of Management, has been appointed to its Board of Directors.
Prior to joining Boston University in 1991, Mr. Lataif worked with
Ford Motor Company for more than 27 years and had retired as a corporate
officer. He had also served as President of Ford of Europe, with
extensive global experience. He earned a BS from Boston University
and his MBA from Harvard University. He also holds three honorary
doctoral degrees.
“ABIOMED’s Board of Directors represents a wide array
of industry experts and thought leaders who believe in our mission
that life need not end when the heart fails,” said Michael
R. Minogue, Chairman, CEO and President of ABIOMED. “We are
very excited to welcome Lou to the Board.”
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 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.
Communications Specialist
(978) 646-1668
mediarelations@abiomed.com
Investor Relations Contact:
Melody Carey
Rx COmmunications Group, LLC
(917) 322-2571
mcarey@rxir.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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