Medtronic, Inc.

Stock Symbol: PDT

Medtronic, Inc. Description:
Medtronic, Inc. is a medical technology company that provides lifelong solutions for people with chronic disease. The Company offers therapies to restore patients worldwide to fuller, healthier lives. Medtronic's primary products are used for bradycardia pacing, tachyarrhythmia management, atrial fibrillation, heart failure, coronary and peripheral vascular disease, minimally invasive cardiac surgery, heart valve replacement, extracorporeal cardiac support, spinal and neurosurgery,malignant and non-malignant pain, movement disorders, neurodegenerative disorders, and ear, nose and throat (ENT) surgery. Medtronic conducts business through four units: Cardiac Rhythm Management; Vascular; Cardiac Surgery; and Neurological, Spinal and ENT.

Medtronic, Inc. Financial Summary:
Medtronic, Inc. is a medical technology company engaged in manufacturing and selling device-based medical therapies. The Company's product lines include cardiac rhythm management, vascular, cardiac surgery, neurological & diabetes & spinal and ENT. For the 3M ended 7/29/05, net sales rose 15% to $2.69B. Net income fell 28% to $320.6M. Results reflect strong demand for the Company's defibrillator products, offset by higher overhead costs.

Medtronic, Inc. Business Summary:
Medtronic, Inc. is a medical technology company that provides lifelong solutions for people with chronic disease. It functions in five operating segments, such as Cardiac Rhythm Management, which supplies medical devices designed to treat a range of heart conditions, such as bradycardia, tachyarrhythmia and heart failure; Spinal, Ear, Nose and Throat (ENT) and Surgical Navigation Technologies, which offers products for the treatment of the conditions, such as spinal disorders and ear, nose and throat disorders; Neurological and Diabetes, which offers products for the treatment of the conditions, such as neurological disorders, diabetes and gastroenterology and urology disorders; Vascular, which offers minimally invasive products for the treatment of the conditions, such as coronary artery disease, peripheral vascular disease and abdominal/thoracic aortic aneurysm (AAA/TAA), and Cardiac Surgery, which offers products for the treatment coronary artery disease and heart valve disorders.

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