Micrus Endovascular Expects Record Revenues Of $12.5 To $12.7 Million For Its Fiscal First Quarter

SAN JOSE, Calif.--(BUSINESS WIRE)--July 6, 2006--Micrus Endovascular Corporation (Nasdaq:MEND - News) today announced that it expects to report record quarterly revenues for the three months ended June 30, 2006. Revenues for the first quarter of fiscal 2007 are expected to be between $12.5 million and $12.7 million, representing an increase of 76% to 79% compared with revenues of $7.1 million reported for the first quarter of fiscal 2006. The anticipated revenue increase for the first quarter of fiscal 2007 includes higher sales of the Company’s core microcoil products and approximately $2.2 million in sales to the Company’s distributor in Japan.

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