ArthroCare Corporation Completes Restatement of Financial Statements and Files Its Form 10-K for 2008

AUSTIN, Texas--(BUSINESS WIRE)--ArthroCare Corp. (Pink Sheets: ARTC), a leader in developing state-of-the-art, minimally invasive surgical products, announced that it has completed its restatement and filed its Annual Report on Form 10-K for the year ended December 31, 2008 with the Securities and Exchange Commission (SEC). This Form 10-K includes audited restated financial statements for the years ended December 31, 2007 and 2006 as well as unaudited restated financial information for the years ended December 31, 2005 and 2004. Additionally, the Company has filed its Quarterly Reports on Form 10-Q for the quarters ended June 30, 2008, September 30, 2008, and March 31, 2009. With these filings, the Company’s Audit Committee Review has been closed and the Company has completed the restatement of its financial statements, previously announced on July 21, 2008.

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