ARTIMPLANT INTERIM REPORT JANUARY - MARCH 2008 Västra Frölunda, Sweden, May 6, 2008 • Net revenue for the first quarter amounted to SEK 2.1 million (3.9)* • The net loss for the first quarter totaled SEK -6.2 million (-2.9) • Earnings per share for the first quarter amounted to SEK -0.10 (-0.05) • Sales of Artelon® Spacer totaled approximately 800 (1,300) units • Over 7,000 patients were treated with Artelon® implants up to and including the first quarter of 2008 • Positive clinical experience from soft tissue treatment using Artelon® - a decision has been taken to commence the pre-launch of Artelon® Cosmetic in dental applications • New sales management recruited for Artimplant USA, Inc. Event after the period-end • An agreement was signed regarding a clinical pilot study for the treatment of osteoarthritis in the facet joints in the spine N.B. This is a translation from Swedish. The Swedish version shall always take precedence. Artimplant will present this report at the Annual Meeting on May 6, 2008, at 5pm, Central European Time (GMT+1). The presentation will be published on the Company's website after the meeting. No telephone conference will be held by reason of this report. For further information and full interim report see www.artimplant.com. * Figures in brackets refer to the corresponding period last year For further information, please contact: Hans Rosén, CEO, phone +46 (0)31-746 56 00, +46 (0)708 58 34 70, hans.rosen@artimplant.com Lars-Johan Cederbrant, CFO, phone +46 (0)31-746 56 54, +46 (0)703 01 68 54, lars-johan.cederbrant@artimplant.com Further information at www.artimplant.com where one also can subscribe to future press releases; www.artimplant.com/investors-media/subscribe-to-press-releases.html About Artimplant Artimplant is a biomaterials company focused on solutions to problems in orthopedic and oral surgery. We restore health through the development, production, and marketing of degradable implants that regenerate body functions and improve quality of life. Our products, made from Artelon®, meet unmet clinical needs and are marketed in a growing number of therapy areas. Artimplant produces implants for treatment of osteoarthritis in hands and feet, for shoulder and other soft tissue injuries as well as oral applications. Artimplant is a public company listed on the OMX Nordic Exchange Stockholm in the Small Cap segment and in the healthcare sector. Forward-looking statements This press release contains forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Company's business including increased competition; the ability of the Company to expand its operations and to attract and retain qualified professionals; technological obsolescence; general economic conditions; and other risks detailed from time to time in the Company's filings. This is information which Artimplant shall make public pursuant to the Swedish Financial Instruments Act and the Swedish Securities Exchange and Clearing Operations Act and/or stock market agreements. Information was made available for publication on May 6, 2008 at 4pm (GMT+1).
ARTIMPLANT INTERIM REPORT JANUARY - MARCH 2008
| Source: Artimplant AB