NEWTON, Mass.--(BUSINESS WIRE)--Aspect Medical Systems, Inc. (NASDAQ: ASPM), reported today that revenue was $22.9 million for the third quarter of 2006, an increase of 17% over revenue of $19.6 million in the third quarter of 2005. Product revenue was $21.1 million, a 14% increase from $18.6 million in the third quarter of 2005.