Independent survey shows majority of customers report image quality is better than other ultrasound products used BOTHELL, WA - August 17, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, said today that an independently conducted, random survey of U.S. Sonosite customers showed that 97% are highly satisfied overall with their system with nearly 9 out of 10 customers saying in the statistically significant survey that they are "completely" or "very satisfied". Respondents were required to be involved in the day-to-day operation or usage of the Sonosite products being profiled and not just involved with the acquisition decision. Image quality, ease of use, system reliability and durability, and ergonomic design of transducers were key reasons for the high satisfaction rating.
Two-thirds of respondents said that image quality of their Sonosite product is better in comparison to other ultrasound products they have used. Over 60% of the survey participants owned MicroMaxx systems, approximately one-third owned TITAN systems and the remainder profiled were 180PLUS users. Over 90% of respondents were physicians and the majority of respondents were hospital based.… [Read more]
Conference Call Accessible Via Live Webcast BOTHELL, WA - July 13, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, today announced that the Company will report its second quarter financial results on Wednesday, July 26, 2006 at the close of market and hold a conference call at 1:30 pm PT/4:30 pm ET to discuss its second quarter performance and current corporate developments. The call will be broadcast live and can be accessed via the "Investors" Section of Sonosite's website at www.sonosite.com. A replay of the audio webcast will be available beginning July 26, 2006, 4:30 pm (PT) until August 9, 2006, 12:00 midnight (PT) by dialing (719) 457-0820 or toll-free (888) 203-1112. The confirmation code 4988423 is required to access the replay. The call will be also archived on Sonosite's website.
About Sonosite
Sonosite, Inc. (www.sonosite.com) is the innovator and world leader in hand-carried ultrasound, with an installed base of more than 25,000 systems. The company, headquartered near Seattle, is represented by eight subsidiaries and a global distribution network in over 75 countries. Sonosite's small, lightweight systems are expanding the use of ultrasound across the clinical spectrum by cost-effectively bringing high performance ultrasound to the point of patient care. The company employs approximately 500 people worldwide.… [Read more]
Live Webcast Available BOTHELL, WA - August 2, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that the company will present at the Canaccord Adams 26th Annual Summer Seminar at the Boston Marriott Long Wharf Hotel in Boston on Wednesday, August 9, 2006 at 4:00 pm (ET). A link to the audio-only webcast and replay will be available at http://ir.sonosite.com. The replay will be available beginning August 9, 2006 at 5:00 pm (ET) and ending at midnight October 9, 2006.
About Sonosite
Sonosite, Inc. (www.sonosite.com) is the innovator and world leader in hand-carried ultrasound, with an installed base of more than 25,000 systems. The company, headquartered near Seattle, is represented by eight subsidiaries and a global distribution network in over 75 countries. Sonosite's small, lightweight systems are expanding the use of ultrasound across the clinical spectrum by cost-effectively bringing high performance ultrasound to the point of patient care. The company employs approximately 500 people worldwide.… [Read more]
Live Webcast Available BOTHELL, WA - September 13, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that the company will present at the A.G. Edwards 2006 Emerging Growth Conference at the New York Palace Hotel in New York City on Wednesday, September 20, 2006 at 10:30 am (ET). A link to the audio-only webcast and replay will be available at http://ir.sonosite.com. The replay will be available beginning September 20, 2006 at 2:30 pm (ET) and ending at midnight October 20, 2006. \
About Sonosite
Sonosite, Inc. (www.sonosite.com) is the innovator and world leader in hand-carried ultrasound, with an installed base of more than 25,000 systems. The company, headquartered near Seattle, is represented by eight subsidiaries and a global distribution network in over 75 countries. Sonosite's small, lightweight systems are expanding the use of ultrasound across the clinical spectrum by cost-effectively bringing high performance ultrasound to the point of patient care. The company employs approximately 500 people worldwide.… [Read more]
The MicroMaxx system's wireless connectivity, extreme portability, and exceptional image quality converge to improve care at three separate emergency departments BOTHELL, WA - November 27, 2006 - Sonosite Inc., (Nasdaq:SONO), the world leader in hand-carried ultrasound, today highlighted the gains in patient care that Toronto's University Health Network (UHN) and Mount Sinai Hospital attribute to their deployment of a single MicroMaxx hand-carried ultrasound system across three separate emergency departments.
The MicroMaxx system is being showcased this week at the 92nd Annual Meeting of the Radiological Society of North America, being held at McCormick Place in Chicago, in Sonosite's Booth #4948. A single on-call sonographer with a MicroMaxx system is able to provide overnight ultrasound services to the emergency departments at 256-bed Toronto Western and 471-bed Toronto General, both part of UHN, and the 472-bed Mount Sinai hospitals. With the MicroMaxx system's advanced wireless connectivity, the sonographer sends images as they are taken to a centralized picture archiving and communication system (PACS) in a radiology suite, where a radiologist provides real-time diagnostic evaluations to the emergency physicians. The MicroMaxx system has been programmed to work seamlessly across the distinct wireless security algorithms deployed by UHN and Mount Sinai, and automatically connects to the PACS network as the sonographer moves from department to department.… [Read more]
Full line of transducers designed to meet the diverse requirements of anesthesiology BOTHELL, WA - October 16, 2006 - Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, announced today at the American Society of Anesthesiologists' Annual Meeting that it has introduced a new high-frequency broadband transducer, the C11e/8-5. With its small footprint, the C11e transducer provides enhanced image quality and deeper penetration for visualizing the delivery of regional anesthesia and line placement. This is the seventh MicroMaxx system transducer offered by Sonosite for a variety of important anesthesiology procedures and assessments.… [Read more]
Federal Circuit Affirms Lower Court Summary Judgment in Sonosite's Favor BOTHELL, WA - December 14, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that the United States Court of Appeals for the Federal Circuit has affirmed a lower federal court's summary judgment of invalidity in favor of Sonosite against Neutrino Development Corporation (Neutrino), a patent holding company. In March 2006, the United States District Court for the Southern District of Texas, Houston Division, granted Sonosite's motion for summary judgment, and reversed its earlier finding that Sonosite infringed Neutrino's patent, US Patent No. 6,221,021 ("the '021 patent").
Neutrino had appealed the district court decision to the Federal Circuit, a specialized appellate court that hears patent appeals. The unanimous one-word decision of the three-judge appellate panel was issued on December 12, but is dated December 8, 2006, only three days after the panel heard oral argument from the parties.… [Read more]
Conference call today at 1:30 PT/4:30ET BOTHELL, WA - October 30, 2006 - Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, today announced financial results for the third quarter and nine months ended September 30, 2006. As the company previously disclosed in its news release issued on October 16, 2006, worldwide revenue in the third quarter of 2006 increased 16% to $40.3 million compared with $34.8 million in the third quarter of 2005. During the third quarter, total US revenue grew 15% to $23.4 million and international revenue grew 18% to $16.9 million compared with the prior year quarter. For the nine months of 2006, worldwide revenue grew 14% to $116.7 million compared with $102.3 million for the nine months of the prior year.
US revenue accounted for 58% of third quarter revenue and 53% of year-to-date revenue in 2006. For the third quarter of 2006, Sonosite reported net income of $475,000 or $0.03 per diluted share compared with net income of $1.4 million or $0.09 per diluted share in the third quarter of 2005. For the nine months of 2006, Sonosite reported net income of $1.4 million or $0.08 per diluted share compared with net income of $119,000 or $0.01 per diluted share in the comparable period of the prior year.… [Read more]
Physician concludes that vascular ultrasound screening identifies heart disease risk
among women with greater accuracy
Findings presented at World Congress of Cardiology
Barcelona, September 3, 2006 - Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, announced today that Dr. John Postley of the New York Physicians Group has presented results from his study demonstrating that vascular ultrasound screening can be a more accurate means of risk stratification for heart attack, particularly among women, than the Framingham Risk Score, which has been the traditional method of identifying cardiovascular risk. Dr. Postley presented his study, "Gender Differences in the Relationship of Ultrasound Identified Atherosclerosis to Framingham Risk Score," on Sunday, September 3 at the World Congress of Cardiology 2006. (The Congress is meeting at the Fira Gran Mia M2 in Barcelona until September 6.)… [Read more]
BOTHELL, WA - November 27, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that it has shipped over 3,000 MicroMaxx systems to customers worldwide. The company made the announcement at the 92nd Annual Meeting of the Radiological Society of North America (RSNA) being held in Chicago from November 26 to December 1. Weighing less than 8 pounds, Sonosite's MicroMaxx system is the company's third generation of ultrasound technology and represents the technology crossover point between hand-carried ultrasound and larger, high-performance, cart-based systems. Battery operable if desired, the MicroMaxx system boots up from "off" to scanning in seconds, and is designed to withstand the rigors of highly mobile use. In fact, the system is so rugged that it comes with a 5-year warranty - a first in the industry where standard practice is to charge another 10-15% annually of a system's purchase price for a service contract.… [Read more]
BOTHELL, WA - October 16, 2006 - Sonosite, Inc. (Nasdaq:SONO) today provided preliminary third quarter results and an updated 2006 outlook. The Company said that worldwide revenue in the third quarter of 2006 increased by approximately 16% over the third quarter of 2005 to $40 million and that it expects to report earnings on a GAAP basis of $0.01 to $0.02 per diluted share. The company also said it generated positive cash flow in the quarter and that cash, cash equivalents and investments increased $1.7 million in the quarter to a balance of $86.0 million. "We completed the third quarter with strong market fundamentals as well as strong performances from a number of our key sales territories and countries around the world," said Kevin M. Goodwin, Sonosite President and CEO.… [Read more]
System performs flawlessly on battery power during training climb at 21,000 feet and sub-freezing temperatures - Research on oxygen deprivation aimed at improving treatment for critically ill patients
Bothell, WA and London, England, November 28, 2006- Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, today announced that Xtreme Everest 2007 (http://www.xtreme-everest.co.uk) has selected the MicroMaxx hand-carried ultrasound system to perform cerebral perfusion studies for its research on human performance at extreme altitudes. The goal of the project is to place a medical and scientific team on the summit of Mount Everest in the spring of 2007 to study the effects of oxygen deprivation on the human body. Coordinated by the Centre for Aviation, Space and Extreme (CASE) Environment Medicine in London, the Everest ascent is the centrepiece of an extensive research program studying human performance at extreme altitude aimed at improving the care of the critically ill. The study -- the largest human biology study ever performed at high altitude -- will consist of examining more than 200 volunteers as they climb progressively higher into the thin atmosphere.… [Read more]
Conference Call Accessible Via Live Webcast BOTHELL, WA - October 24, 2006 - Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, said the company will report its final third quarter financial results on Monday, October 30, 2006 at the close of market and hold a conference call at 1:30 pm PT/4:30 pm ET to discuss its third quarter performance, outlook for 2006 and current corporate developments. The company announced preliminary third quarter financial results on October 16, 2006. The call will be broadcast live and can be accessed via the "Investors" Section of Sonosite's website. A replay of the audio webcast will be available beginning October 30, 2006 at 4:30 pm (PT) until November 13, 2006, at 12:00 midnight (PT) by dialing (719) 457-0820 or toll-free (888) 203-1112. The confirmation code, 2669427, is required to access the replay. The call will also be archived on Sonosite's website at http://ir.sonosite.com.
About Sonosite… [Read more]
Sonosite Introduces Fourth Specialized Ultrasound Visualization Tool for Interventional Radiology and Cardiac Cath Labs BOTHELL, WA, October 29, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, today introduced the S-Cath™ visualization tool, a specialized ultrasound device designed to meet the specific point-of-care imaging and procedural guidance needs of interventional radiologists and cardiologists. With its user-centered design, the S-Cath tool provides interventionalists immediate access to the optimum image with a minimum of controls and knobs. Its available suite of curved, linear and phased array transducers cover a range of guidance for interventional procedures such as line placement, biopsy, dialysis access, stent placement, femoral and other vascular access and fluid drainage as well as abdominal and cardiovascular imaging applications.… [Read more]
Company Begins Delivery of Fourth Generation Hand-Carried Ultrasound System Johns Hopkins Bayview Emergency Department Among the First
BOTHELL, WA, December 5, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in point-of-care, hand-carried ultrasound, today announced that it has begun worldwide shipments of the M-Turbo™ ultrasound system, its fourth generation product. The M-Turbo system packs 16-times more processing power than Sonosite's industry-leading MicroMaxx® system, delivering breakthrough image clarity across all exam types and seamless connectivity for digital image export in a rugged, hand-carried product weighing less than 8 pounds.
"The M-Turbo has it all," said William T. Hosek, MD, MBA, Director of Emergency Medicine Focused Ultrasound and Assistant Professor at Johns Hopkins Bayview Medical Center, Baltimore who is receiving the first hospital shipment. "I have been waiting a long time for a system with superior image quality, quick boot-up time and easy data transfer.… [Read more]
Conference Call Today at 1:30 pm Pacific/ 4:30 pm Eastern BOTHELL, WA - October 29, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, today reported financial results for the third quarter and nine months ended September 30, 2007. Worldwide revenue in the third quarter of 2007 grew 24% to $50.0 million compared with $40.3 million in the third quarter of 2006. For the nine months of 2007, worldwide revenue grew 20% to $140.2 million compared with $116.7 million for the nine months of 2006.
Changes in foreign currency rates increased the revenue growth rate by approximately 2 percentage points for both the quarter and the nine months. For the third quarter of 2007, Sonosite reported net income of $1.5 million or $0.09 per share, compared with net income of $475,000 or $0.03 per share in the third quarter of 2006. For the nine months of 2007, Sonosite reported net income of $2.6 million or $0.15 per share, compared with net income of $1.4 million or $0.08 per share in the nine months of 2006. "US revenue grew 21% and international revenue was up 28% in the quarter demonstrating continued progress," said Kevin M. Goodwin, Sonosite President and CEO.… [Read more]
BOTHELL, WA - October 29, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, said today that Tom Dugan, Senior Vice President, Global Marketing and US Sales, will present at the JPMorgan SMid Cap Conference being held at the Four Seasons Boston on November 5th and 6th, 2007. The presentation will be webcast live on November 5th at 9:30 am Eastern Time. An audio replay of the presentation will be available for 30 days following and can be accessed via the Investors Section of Sonosite's website.About Sonosite… [Read more]
Sonosite Expands S-Series to Anesthesia S-Nerve Offers Specialized Ultrasound Design for Anesthesiologists New Product Unveiled at American Society of Anesthesiologists' Meeting
BOTHELL, WA, October 15, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, today introduced the S-Nerve procedural tool, the first ultrasound device custom-designed to support the specific needs of anesthesiologists who perform regional anesthesia. Sonosite is showcasing the new S-Nerve product at the American Society of Anesthesiologists€™ (ASA) annual meeting in San Francisco and expects to begin customer shipments in the fourth quarter of this year. The S-Nerve visualization tool is built to help regional anesthesiologists perform nerve block procedures in crowded, busy operating environments or anywhere in the hospital. Its breakthrough image quality, speed and simplicity were designed with input from leading practitioners who expressed a substantive need for a small, high-performance tool, designed to function exclusively as a guidance tool for regional nerve blocks and central line placement. Like the S-FAST„¢ ultrasound tool that Sonosite recently introduced for emergency medicine, the S-Nerve device is a radically new concept in ultrasound unlike anything else in the marketplace and offers the option of a zero footprint.… [Read more]
Conference Call Accessible Via Live Webcast BOTHELL, WA, October 15, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, today announced that the Company will report its third quarter financial results on Monday, October 29, 2007 at the close of market and hold a conference call at 1:30 pm PT/4:30 pm ET to discuss its third quarter performance and current corporate developments. The call will be broadcast live and can be accessed via the "Investors" Section of Sonosite€™s website at www.sonosite.com. A replay of the audio webcast will be available beginning October 29, 2007, 4:30 pm (PT) until November 12, 2007, 10:00 pm (PT) by dialing (719) 457-0820 or toll-free (888) 203-1112. The confirmation code 4826129 is required to access the replay. The call will be also archived on Sonosite€™s website.
About Sonosite Inc.
Sonosite, Inc. (www.sonosite.com) is the innovator and world leader in hand-carried ultrasound. Headquartered near Seattle, the company is represented by ten subsidiaries and a global distribution network in over 90 countries. Sonosite€™s small, lightweight systems are expanding the use of ultrasound across the clinical spectrum by cost-effectively bringing high performance ultrasound to the point of patient care. The company employs over 550 people worldwide.… [Read more]
S-FAST Harnesses Power of New M-Turbo„¢ System in Design Specialized for Emergency Medicine First EMED Visualization Tool with Zero Footprint
BOTHELL, WA - October 8, 2007 €“ Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, today introduced the S-FAST„¢ point-of-care ultrasound tool, the first ultrasound product custom designed to focus solely on the specialized visualization needs of the emergency physician. Sonosite unveiled the new device at the American College of Emergency Physicians (ACEP) Scientific Assembly in Seattle.
The company expects to begin shipping the product in the fourth quarter of this year. With the S-FAST ultrasound tool, emergency clinicians get breakthrough image quality and technology that acquires the optimal image in seconds with just two controls, packaged in a revolutionary design that can be carried, mounted on an IV pole, or fixed on a wall or ceiling for zero footprint, and, of course, withstand being dropped from three feet onto a hard surface.… [Read more]