Cambridge Heart, Inc.
Ticker: CAMH 1 Oak Park Drive
Exchange: NASDAQ-National Market Bedford, Massachusetts 01730
Industry: Manufacturing (617) 271-1200

Type of Shares:Common Shares Filing Date:5/31/96
U.S. Shares:2,000,000 Offer Date:8/2/96
Non-U.S. Shares:500,000 Filing Range:$11.00 - $13.00
Primary Shares:2,437,750 Offer Price:$9.00
Secondary Shares:62,250 Gross Spread:$0.63
Offering Amount: $30,000,000 Selling:$0.32
Expenses:$625,000 Reallowance:$0.10
Shares Out After:10,171,538

ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-1172
Bear, Stearns & Co. Inc.Co-manager (212) 272-2000

Auditor: Price Waterhouse
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 3/31/96 3/31/95 3/31/96
Revenue:$0.07$0.06$0.00Assets:$3.54
Net Income:-$2.50-$0.67-$0.56Liabilities:$0.18
EPS:-$0.33-$0.08Equity:$3.35

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company is engaged in the research, development and commercialization of products for the non-invasive diagnosis of cardiac disease. Using innovative technologies, including proprietary disposable electrodes, the company is addressing such key problems in cardiac diagnosis as (i) the identification of those at risk of sudden cardiac death, accounting for of approximately 50% of all deaths due to heart attack, (ii) the early detection of coronary artery disease and (iii) the prompt and accurate diagnosis of heart attack. With the emergence of new preventive therapies for sudden cardiac death, the company believes that the accurate diagnosis of patients needing these therapies has become increasingly important. Existing non-invasive diagnostic tests generally either identify only a small subset of patients who are at risk of sudden cardiac death or are insufficiently accurate to warrant further invasive study or treatment.

Use of Proceeds
Proceeds from the offering will be used for research and development, clinical studies, capital equipment, sales and marketing, and for working capital and other general corporate purposes.

Last updated: 10/28/96

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