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AMICAS Reports Financial Results for the First Quarter Ended March 31, 2008
Date:4/30/2008

and for the period ended, March 31, 2008 contained in this press release are subject to review by the Company's independent registered public accounting firm.

CONTACT:

Colleen McCormick, Investor Relations

617.779.7892

cmccormick@amicas.com

Condensed Consolidated Balance Sheets

(Unaudited)

(in thousands, except share data)

March 31, December 31,

2008 2007

Assets

Current assets:

Cash and cash equivalents $13,067 $8,536

Marketable securities 58,943 67,071

Accounts receivable, net of allowances

of $236 and $231, respectively 10,918 10,483

Prepaid expenses and other current assets 3,068 3,600

Total current assets 85,996 89,690

Property and equipment, less accumulated

depreciation and amortization of $7,016 and

$6,848, respectively 1,322 1,186

Goodwill 27,313 27,313

Acquired/developed software, less accumulated

amortization of $8,481 and $7,992, respectively 7,519 8,008

Other intangible assets, less accumulated

amortization of $1,849 and $1,742, respectively 1,551 1,658

Other assets 586 586

Total Assets $124,287 $128,441

Liabilities and stockholders' equity

Current liabilities:

Accounts payable and accrued expenses $7,126 $7,094

Accrued employee compensati
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SOURCE AMICAS, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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