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We enter 2006 with optimism that the investments
we have made in our future have expanded our capabilities and will
shape the course of our business for many years to come.
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We continue to work both internally and externally to develop
or acquire products and technologies in market niches that are
often overlooked by larger companies, but which provide clinicians
and patients valuable features and benefits.
All in all, we are excited about the plan
we have set out to accomplish, and we believe our investments will
help Merit emerge as the premier medical device company we know
it can become.
Thanks to all of our loyal shareholders and dedicated employees
who continue to invest in this great company.
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Best personal regards,

Fred P. Lampropoulos
Chairman and CEO
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