Criticare Systems, Inc. Announces Preliminary, Unaudited Fiscal 2007 Fourth Quarter and Year End Net Sales and Other Information

MILWAUKEE--(BUSINESS WIRE)--CRITICARE SYSTEMS, INC. (AMEX:CMD). Criticare Systems Inc. today announced preliminary, unaudited net sales for the quarter and year ended June 30, 2007. Net sales in the fourth quarter of fiscal 2007 were $9,500,000 compared to $7,100,000 in the fourth quarter of fiscal 2006, a 34% increase. For the entire fiscal 2007, net sales were $33,290,000 compared to $31,350,000 in fiscal 2006, a 6% increase. Major contributors to the Company’s sales in fiscal 2007 included increased participation in International Tenders, the receipt of a multi-year Plasma Center contract, and an increase in the Company’s OEM business, particularly MRI monitors. The Company’s nGenuity™ monitoring line, introduced during fiscal 2007, has created new opportunities for both domestic and international sales.