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HeartWare International Closes Common Share Offering

February 3, 2010 (FinancialWire) — HeartWare International, Inc. (NASDAQ: HTWR) said it has completed a public offering of 1,767,900 shares of its common stock at a price to the public of $35.50 per share, which amount includes 230,595 shares of common stock sold pursuant to the underwriters’ exercise in full of their option to purchase additional shares of common stock to cover over-allotments.

J.P. Morgan Securities (NYSE: JPM) acted as the sole book-running manager.

HeartWare plans to use the net proceeds of the offering for general corporate and working capital purposes.

Massachusetts-based HeartWare International develops and manufactures miniaturized implantable heart pumps, or ventricular assist devices, to treat Class IIIb and Class IV patients suffering from advanced heart failure.

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