PROSPECTUS SUPPLEMENT NO. 1 FILED PURSUANT TO RULE 424(b)(3)
(TO PROSPECTUS DATED APRIL 30, 1998) COMMISSION FILE NO. 333-49577
930,000 SHARES
AETRIUM INCORPORATED
COMMON STOCK
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This Prospectus Supplement (the "Supplement") supplements the
prospectus dated April 30, 1998 (the "Prospectus") relating to 930,000 shares of
Common Stock, par value $0.001 per share (the "Common Stock"), of Aetrium
Incorporated (the "Company"), that may be offered for sale for the account of
certain shareholders of the Company, their respective pledgees, donees,
transferees or other successors in interest, as stated therein under the heading
"Selling Shareholders." This Supplement is being filed to update the table of
Selling Shareholders in the Prospectus with respect to a recent transfer of the
Company's Common Stock by one of the Selling Shareholders. This Supplement is
not complete without, and may not be delivered or utilized except in connection
with, the Prospectus. This Supplement is qualified by reference to the
Prospectus except to the extent that the information contained herein supersedes
the information contained in the Prospectus. All capitalized terms used but not
defined in this Supplement shall have the meanings given them in the Prospectus.
SELLING SHAREHOLDERS
The table of Selling Shareholders in the Prospectus lists Stanley
Droch, Trustee UAD 12/22/83 Etess Children Irrevocable Trust for the benefit of
Lori Ida Etess (the "Etess Children Trust"), as the beneficial owner of 6,120
shares of Common Stock (the "Registered Shares"). The Registered Shares have
been transferred to the sole beneficiary of the Etess Children Trust, Lori Ida
Etess ("Etess"), who subsequently sold 5,000 of the Registered Shares to the
Company and the remaining 1,120 shares have been registered in the name of
Etess. Accordingly, the table of Selling Shareholders is amended to reflect the
foregoing transfer of the Registered Shares.
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS SEPTEMBER 18, 1998
