Defibrillators

Strong results in these areas more than offset a low level of military business in the quarter." Commenting further, Mr.

Packer stated, "We are excited to have shipped the first units of the R Series, our new hospital product, this quarter.

The early customer response to the product has been strong.

Our positioning of the R Series as "Simple, Smart and Ready" is resonating with customers.

Clearly, our second quarter North America hospital results do not yet reflect the opportunity presented by this product and our International launch is being executed just this month.

Therefore, we look forward to increased momentum with this new platform as we move through the balance of the year." Highlighting progress with the AutoPulse, Mr.

Packer noted, "Shipment growth in the second quarter continued at a strong rate of 36%, reflecting significant growth in the International market generally and our first shipments to Japan.

Our distribution partner in Japan, Nihon Kohden, is very excited about the potential for the AutoPulse in their market and we expect sales to ramp throughout the year.

However, sales in the US EMS market were somewhat less than we expected and we need to work to keep our sales force focused on the very large opportunity represented by the AutoPulse." With res...

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