SonoSite Completes Acquisition of CardioDynamics - a Cardiovascular Disease Management Company

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 3:05am EDT

BOTHELL, Wash.--(Business Wire)--
SonoSite, Inc. (NASDAQ:SONO), the world leader and specialist in hand-carried
ultrasound for the point-of-care, today announced that on August 14, 2009, it
completed the acquisition of CardioDynamics International Corporation
(NASDAQ:CDIC), a leader in impedance cardiography (ICG) for noninvasive
hemodynamic assessment. 

Under the terms of the agreement, CardioDynamics will become a wholly-owned
subsidiary of SonoSite, Inc. and CardioDynamics shareholders will receive $1.35
per share in cash. The aggregate transaction is valued at approximately $10.0
million, or $12.3 million net of cash and debt. Shareholders of CardioDynamics
approved the acquisition on August 11, 2009. 

"This acquisition brings us an established sales channel and a franchise in
cardiovascular disease management with outstanding long term growth and
healthcare cost reduction potential," said Kevin M. Goodwin, SonoSite President
and CEO. "The need to detect and treat cardiovascular disease has never been
greater, and CardioDynamics` products and technology will be the platform we
will build upon to grow in the physician office segment, as well as expand our
presence in the large market for cardiovascular disease management." 

"Both SonoSite and CardioDynamics have a rich history of innovation and market
development," said Marcus Smith, SonoSite Vice President, General Manager,
Cardiovascular Disease Management. "We look forward to combining the products
and sales force of CardioDynamics with our own ultrasound products to make a
positive impact on cardiovascular disease, with particular emphasis on improving
patient outcomes and reducing healthcare system costs." 

CardioDynamics` ICG product line provides non-invasive assessment of cardiac
output and other hemodynamic parameters in the physician`s office, outpatient
clinic or hospital. The company`s latest generation product, the BioZ Dx system,
integrates ICG with electrocardiography (ECG), providing the ability to assess
both mechanical and electrical cardiovascular function. 

About SonoSite

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 100 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 700 people
worldwide. 

Forward-looking Information and the Private Litigation Reform Act of 1995

Certain statements in this press release relating to the potential benefits of
the CardioDynamics acquisition, including future products and growth in the
physician office and cardiovascular disease management markets, are
"forward-looking statements" for the purposes of the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements are based on the opinions and estimates of our management at the time
the statements are made and are subject to risks and uncertainties that could
cause actual results to differ materially from those expected or implied by the
forward-looking statements. These statements are not guaranties of future
performance, are based on potentially inaccurate assumptions and are subject to
known and unknown risks and uncertainties, including, without limitation, the
risk that the acquisition of CardioDynamics will not yield the expected
potential benefits, including growth in the physician office and cardiovascular
disease management markets, and the other factors contained in Item 1A. "Risk
Factors" section of our most recent Annual Report on Form 10-K filed with the
Securities and Exchange Commission. We caution readers not to place undue
reliance upon these forward-looking statements that speak only as to the date of
this release. We undertake no obligation to publicly revise any forward-looking
statements to reflect new information, events or circumstances after the date of
this release or to reflect the occurrence of unanticipated events. 



SonoSite, Inc.
Anne Bugge, 425-951-1378 

Copyright Business Wire 2009

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