Natus Medical Announces Proposed Public Offering of Common Stock

2008-05-14 03:39:59 -

www.natus.com - Natus Medical Incorporated (Nasdaq:BABY), a leading provider of medical devices for the newborn care, hearing and neurology markets, today announced it has filed a preliminary prospectus supplement to its effective shelf registration statement relating to a proposed underwritten offering of 3,500,000 shares of its common stock. The Company expects to grant a 30-day option to the underwriters to purchase up to an additional 15% of the shares offered solely to cover over-allotments. All of the shares are being sold by Natus Medical.

All of the shares are being offered by Cowen and Company, LLC and UBS Investment Bank as joint bookrunning managers and Natixis Bleichroeder Inc., Needham & Company, LLC, Raymond James & Associates, Inc. and Roth Capital Partners, LLC are acting as co-managers.

The offering is being made solely by means of a written prospectus. The securities may not be sold nor may offers to buy be accepted prior to the time that the prospectus supplement is final. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under securities laws of any such state or jurisdiction. Printed copies of the preliminary prospectus supplement relating to the offering may be obtained when available by contacting Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, or UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's intent and ability to complete the proposed offering described above. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking statements. Actual results could differ materially due to a number of factors, including general political, economic and market conditions and events, developments in our business and other risks described in our quarterly report on Form 10-Q for the quarter ended March 31, 2008. Natus disclaims any obligation to update information contained in any forward-looking statement.

Natus Medical Incorporated
Steven J. Murphy, 650-802-0400
Chief Financial Officer
InvestorRelations@Natus.com