Aspect Medical Systems announces the departure of Vice President and Chief Financial Officer Michael F. Falvey, who resigned effective December 31, 2008 to pursue other opportunities. Until Mr. Falvey is replaced, J. Neal Armstrong who served as Aspect's chief financial from 1996 to 2005 will take charge. Falvey will assist Armstrong in an advisory and consulting capacity during the first quarter of next year.

Nassib Chamoun, CEO, said, "Mike has played an integral role in Aspect's global growth and development. In addition to his contributions to the Company's strategy, he has done an excellent job in keeping us fiscally disciplined and has been a valued member of the executive team."

"Until Mike's permanent successor has been named, we are extremely fortunate that Neal is willing to rejoin Aspect as our Acting Chief Financial Officer. Neal has acted in an advisory capacity to the company since retiring from Aspect in 2005. Neal's depth and experience will provide invaluable assistance during this transition."

About the Company

Aspect Medical Systems, Inc. is a global market leader in brain monitoring technology. To date, the Company's Bispectral Index (BIS) technology has been used to assess approximately 29 million patients and has been the subject of over 3,100 published articles and abstracts. BIS technology is installed in approximately 80 percent of hospitals listed in the July 2008 U.S News and World Report ranking of America's Best Hospitals and in approximately 68 percent of all domestic operating rooms. In the last twelve months BIS technology was used in approximately 19 percent of all U.S. surgical procedures requiring general anesthesia or deep sedation. BIS technology is available in more than 160 countries. Aspect Medical Systems has OEM agreements with nine leading manufacturers of patient monitoring systems.

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