Forward Looking Statements:
This Release may contain certain statements of a forward-looking nature relating to future events or the future financial performance of the Company. Forward-looking statements include information concerning our possible or assumed future results of operations and statements preceded by, followed by or including the words "believes", "expects", "anticipates", "intends", "plans", "estimates", or similar expressions. Such forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. Such forward-looking statements are only predictions and are subject to risks and uncertainties that could cause actual results or events to differ materially and adversely from the events discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, EP MedSystems' history of losses, uncertainty of market acceptance of our products and level of sales, uncertainty of future profitability and future liquidity needs; possible fines costs or penalties that may be incurred in connection with the government inquires and investigations and risks regarding regulatory approvals and demand for new and existing products, as stated in the Company's Annual Report filed on Form 10-K and quarterly reports filed on Form 10-Q.
Intervals are detected too frequently
* Select analysis in the catheter map Setup screen. With the cursor on the analysis type, select the EDIT button. Adjust the Thd. Floor, Thd. Level or Blanking to higher values to increase the accuracy. Adjust the filters to change the location the tick mark is placed. Set the Window to 10.
Reinhard Schmidt Epmd Triggered sweep occurs too frequently
* Edit the Stim detection parameters inside the Auto REC button. Set the Stim Detection Limit to 1000ms.
* Make sure the stimulation channel is set to the right parameters and the analysis is Stim.
EP MedSystems cautions investors and others to review the cautionary statements set forth in this press release and in EP MedSystems' reports filed with the Securities and Exchange Commission and cautions that other factors may prove to be important in affecting the EP MedSystems' business and results of operations. Readers are cautioned not to place undue reliance on this press release and other forward-looking statements, which speak only as of the date of this release. EP MedSystems 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 after the date of this report or to reflect the occurrence of unanticipated events.
Ep Medsystems Termination Reinhard Schmidt, EP MedSystems' President and Chief Executive Officer commented, "We are very pleased to report our second consecutive quarter of record revenues. Our increased investment in sales and marketing continues to have a significant impact and drove growth across all product lines. The increase in sales also positively impacted our margins, which increased to 60% for this quarter compared to 50% for the comparable period last year, and increased to 58% for the nine months ended September 30, 2004, compared to 51% in the same period of 2003."
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