Masimo Announces the Passing of Board Member, Advisor and Long-Time Friend Dr. H.J.C. Swan

Market Wire, February, 2005

Masimo regrets to announce the passing of one of its founding board members and original advisors, Dr. H.J.C. Swan on February 7, 2005. Chairman emeritus at Cedar-Sinai Medical Center's Division of Cardiology, Dr. Swan led the department from 1965 to 1987. Dr. Swan was also a past president of the American College of Cardiology, and was the 1985 recipient of the James Herrick Award of the American Heart Association. In 1968, with colleague William Ganz, M.D., Swan introduced the Swan-Ganz heart catheter into clinical use, triggering a new era in treatment of critically ill patients.

Dr. Swan became an advisor to Masimo shortly after its founding in 1989, and soon provided valuable insight and leadership as Chairman of Masimo's Scientific Advisory Board. In August 1992 Dr. Swan became a member of Masimo's Board of Directors, a position in which he served diligently until his passing. Dr. Swan's passion for science and patient care guided Masimo and from Masimo's humble beginnings, provided it with credibility in the patient care community.

Joe E. Kiani, CEO of Masimo, stated, "Dr. Swan has been a tremendous mentor, and a close friend to me personally. When Masimo was no more than two young engineers in a garage, Dr. Swan generously gave his time, and moral support to keep us on the road he knew we should stay on. When we were unraveling the mysteries of physiological signals and noise, Dr. Swan's mastery of human physiology helped us along the way. But more importantly, Dr. Swan was dedicated to the highest standards and ethics, which helped guide us through this journey. We will profoundly miss him and be less without him."

"Dr. Swan was neither Masimo's, nor any other institution's person. Dr. Swan belonged to all people and made his contribution for all people. With his invention of the Swan-Ganz Catheter he ushered not only a new era of care, but triggered many other developments that have helped mankind. It's wonderful for us all to have lived in a time that Dr. Swan lived," continued Joe Kiani.

Memorial services to celebrate the life of Dr. Jeremy Swan will be held Friday, February 18, 2005 11am at:

Hollywood Presbyterian Church
1760 N. Gower
Hollywood, CA

In lieu of flowers, contributions may be made to:

"H.J.C. Swan Memorial Heart Fund" dedicated to supporting heart research
Division of Cardiology at Cedar-Sinai Medical Center
Room 5347
8700 Beverly Blvd.
Los Angeles, CA  90048

Or:

The Swan Fund for Teaching in Medical Ethics
Trinity Foundation
Trinity College
Dublin, 2
Ireland

Contact: Brad Langdale Masimo Corporation blangdale@masimo.com (949) 297-7009