Ronald Dollens Quotations

Recent product and communications issues have certainly had an impact on our business in the near term. However, we believe that the fundamentals of our business are strong and our markets and products have attractive prospects for growth.

While neither company depends on this transaction for its continued future success, Guidant believes that the strategic rationale for combining the two companies is as strong today as when we entered into the merger agreement,

I know it was difficult for Ginger to make this decision, but she expressed a strong desire to step back from the constant and heavy travel to focus on the issues she feels are very important to her and the corporation, ... I am looking forward to Ginger's counsel and leadership directed toward these specific initiatives.

The acquisition of CTS, its innovative products and strong pipeline, will provide a platform for Guidant's growth in cardiac surgery.