Volcano Corporation Prices Public Offering Of Primary And Secondary Shares

RANCHO CORDOVA, Calif., Dec. 7 /PRNewswire-FirstCall/ -- Volcano Corporation today announced it has priced an offering of shares of its common stock at $16.75 per share. The offering consists of 7,500,000 shares, of which 3,500,000 are primary shares offered by the company, and 4,000,000 are secondary shares offered by certain stockholders and officers of the company. In addition, the company has granted the underwriters an option to purchase up to 1,125,000 additional shares to cover over-allotments, if any.

J.P. Morgan Securities Inc. and Piper Jaffray & Co. are serving as joint book-running managers for the offering, with Bear, Stearns & Co. Inc. and Cowen and Company, LLC serving as co-managers.

A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

A final prospectus for the offering may be obtained from the prospectus department of either J.P. Morgan Securities Inc., 4 Chase Metrotech Center, Floor L2, Brooklyn, N.Y. 11245, or Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402.

Volcano Corporation offers a broad suite of devices designed to facilitate endovascular procedures and enhance the diagnosis of vascular and structural heart diseases and guide therapies.

CONTACT: John Dahldorf, Chief Financial Officer of Volcano Corporation,+1-916-638-8008

Web site: http://www.volcanocorp.com/