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Communication Intelligence Corporation Reports Fourth Quarter and Fiscal 2008 Results

of beneficial conversion feature (280) (234) (1,508) (1,253) Preferred dividends (20) ¿ (47) ¿ Net loss attributable to common stockholders $(637) $(644) $(3,727) $(3,399) Basic and diluted net loss per common share $(0.01) $(0.01) $(0.03) $(0.03) Basic and diluted weighted average common shares outstanding 129,814 129,057 129,248 113,960 Selected Consolidated Balance Sheets Information (In thousands) 12/31/08 12/31/07 -------- -------- Cash & cash equivalents $929 $1,144 Total current assets 1,709 1,731 Total assets 6,643 6,475 Deferred revenue (1) 343 431 Total current liabilities (2) 1,100 2,598 Total short-term debt (3) 60 1,370 Long-term debt (4) 2,765 96 Stockholders' equity 2,778 3,781 NOTES: (1) Deferred revenue consists principally of service contact revenues. (2) Includes deferred revenue and short term debt. (3) Net of $5 unamortized fair value assigned to warrants at December 31, 2008 and $350 unamortized fair value assigned to warrants at December 31, 2007. (4) Net of unamortized fair value assigned to warrants of $834 and $21 at December 31, 2008 and 2007, respectively.

    Contact:   Frank Dane
               Phone:  650-802-7737

SOURCE Communication Intelligence Corporation
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