Natus Medical Incorporated Underwriter Exercises Over-Allotment Option; Company Closes Public Offering

SAN CARLOS, Calif.--(BUSINESS WIRE)--Aug. 23, 2006--Natus Medical Incorporated (Nasdaq:BABY) today announced that the underwriter of its recently announced public offering of 2,300,000 shares of common stock exercised its over-allotment option to purchase an additional 345,000 shares of the Company’s common stock, bringing the total shares offered to 2,645,000. The offering closed on August 23, 2006. The Company received approximately $29 million in net proceeds from the offering, after payment of underwriting discounts and commissions and expenses of the offering.

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