I-Flow First Quarter Revenue Increased 60% to a New Record; Regional Anesthesia Sales Increased 89% and Oncology Infusion Services Increased 52% versus First Quarter of 2004.

Extract

---

I-Flow First Quarter Revenue Increased 60% to a New Record; Regional Anesthesia Sales Increased 89% and Oncology Infusion Services Increased 52% versus First Quarter of 2004.

LAKE FOREST, Calif. -- I-Flow Corporation (NASDAQ:IFLO) announced today that revenue for the first quarter of 2005 increased 60% to $22,741,000, a new all-time high, from $14,169,000 for the first quarter of 2004. This record performance, which reflected an 89% increase in Regional Anesthesia sales and a 52% increase in revenue for the Company's Oncology Infusion Services segment, was accompanied by a reduction in SG&A expenses compared to the fourth quarter of 2004. Operating expenses for the first quarter of 2005 increased by $6,930,000 compared to the first quarter of 2004 primarily due to the sales force expansion, but decreased by $2,115,000 compared to the fourth quarter of 2004. The net loss for the first quarter of 2005 was $0.09 compared to a loss for the first quarter of 2004 of $0.08, which inclu...

See the full content of this document

---