CAS Medical Systems, Inc. Revises 2008 Guidance

BRANFORD, Conn., Dec. 24, 2008 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (Nasdaq:CASM) today announced that it has revised its estimate for the full year 2008. The Company now expects 2008 revenue to range from $40.2 million to $41.0 million, with a net loss per share ranging from -$0.03 to -$0.07. The Company had previously issued guidance of $42 to $43 million in revenues with near break-even earnings. This compares to revenue of $38.2 million and diluted earnings per share of $0.03 reported for the full year 2007.

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