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August 25, 2005 Stock Pick: Cardiac Sciences, Inc. (DFIB)

Stock Price: $1.03

Cardiac Sciences, Inc. is a leading U.S. manufacturer of life-saving automatic public-access defibrillators. The Company also manufactures and markets in-hospital, patient-monitor defibrillator that treats cardiac patients with life-threatening abnormal heart rhythms without human intervention.

The company just received approval from Japanese regulators to begin selling a more advanced version of defibrillators, ending a review process that stretched out over two years. This will allow Cardiac Science to gain market share in Japan against competitors and once again regain momentum.

As of June 30th, DFIB had a book value of $1.68. With the Japan news, we believe DFIB now has strong support at the $1.00 level.

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