Exhibit 99.1


1600 West Merit Parkway South Jordan, UT  84095
Telephone:  801-253-1600 Fax:  801-253-1688

 PRESSRELEASE
 
FOR IMMEDIATE RELEASE
 
Date:
February 23, 2012
Contact:
Anne-Marie Wright, Vice President, Corporate Communications
Phone:
(801) 208-4167 e-mail: awright@merit.com Fax: (801) 253-1688
 
MERIT MEDICAL REPORTS RECORD SALES AND NET INCOME
FOR THE YEAR ENDED DECEMBER 31, 2011
AND GIVES SALES AND EARNINGS GUIDANCE FOR 2012

-Revenues Up 21% for the Year and 12% for the Quarter

Gross Margins Up 270 Basis Points for the Year
and 150 Basis Points for the Quarter


SOUTH JORDAN, UTAH- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced revenues of $91.1 million for the quarter ended December 31, 2011, an increase of 12% over revenues of $81.2 million for the quarter ended December 31, 2010. Revenues for the year ended December 31, 2011 were a record $359.4 million, an increase of 21% over revenues of $296.8 million for the year ended December 31, 2010. Merit's core business grew 12% and 14% for the quarter and year ended December 31, 2011, respectively, compared to the corresponding periods of 2010.
Merit's non-GAAP net income for the quarter ended December 31, 2011, was $7.4 million, up 10%, or $0.18 per share, compared to $6.7 million, or $0.19 per share, for the quarter ended December 31, 2010. Merit's non-GAAP net income for the year ended December 31, 2011 was $30.9 million, up 23%, or $0.78 per share, compared to $25.2 million, or $0.70 per share, for the year ended December 31, 2010.
GAAP net income for the quarter ended December 31, 2011 was $5.0 million, up 18%, or $0.12


The following information was filed by Merit Medical Systems Inc (MMSI) on Thursday, February 23, 2012 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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