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09-30-2007, 01:52 PM
St. Jude Medical, Inc. (NYSE:STJ) announced that BusinessWeek magazine has named it one of "The Best Places to Launch a Career" in 2007. St. Jude Medical was ranked number 44 out of 95 companies in the U.S. that made the list.

"St. Jude Medical is delighted to be recognized for our efforts in welcoming recent graduates into our company," said Daniel J. Starks, chairman, president and CEO of St. Jude Medical. "We are also very proud that the five-year retention rate for new graduates as part of our program at St. Jude Medical, at 97 percent, is the highest among all 95 companies in the ranking."

BusinessWeek used three sources of data to rank companies: a survey of career-services directors, a survey of employers and a student survey conducted by market-research firm Universum Communications.

"We focus on selecting the best and brightest to join our company and invest to retain them through focus on teamwork, training programs and by providing opportunities," said Paul Bae, vice president, Human Resources for St. Jude Medical.

BusinessWeek's "Best Places to Launch a Career" ranking is in the Sept. 24 issue, available now. Expanded content is available on BusinessWeek.com, including the full methodology, profiles of each employer, an interactive table, slide shows, and a video roundtable with recruiters from top companies.

BusinessWeek is the world's largest business magazine, with a worldwide circulation of nearly 1.2 million and more than 5.7 million readers worldwide each week. It is published weekly by The McGraw-Hill Companies in New York, and is distributed in 140 countries.

About St. Jude Medical

St. Jude Medical is dedicated to making life better for cardiac, neurological and chronic pain patients worldwide through excellence in medical device technology and services. The Company has five major focus areas that include: cardiac rhythm management, atrial fibrillation, cardiac surgery, cardiology and neuromodulation. Headquartered in St. Paul, Minn., St. Jude Medical employs approximately 12,000 people worldwide. For more information, please visit http://www.sjm.com (http://www.sjm.com/).

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements include the expectations, plans and prospects for the Company, including potential clinical successes, anticipated regulatory approvals and future product launches, and projected revenues, margins, earnings, and market shares. The statements made by the Company are based upon management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include market conditions and other factors beyond the Company's control and the risk factors and other cautionary statements described in the Company's filings with the SEC, including those described in the Company's Annual Report on Form 10-K filed on February 28, 2007 (see pages 13-20) and Quarterly Report on Form 10-Q filed on August 9, 2007 (see pages 26-29). The Company does not intend to update these statements and undertakes no duty to any person to provide any such update under any circumstance.

St. Jude Medical (http://www.sjm.com/)