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ARIUS Announces Third Quarter Fiscal 2007 Financial Results
Date:10/12/2007

- - 2,196,619

Restricted cash - (38,540) -

Repayment of convertible bridge

loan, including costs - - (2,408,886)

Exercise of compensation warrants - - 8,581

Draw of bank line of credit - - 655,000

Repayment of bank line of credit - - (655,000)

Bridge loan - - 300,000

Repayment of bridge loan - - (300,000)

Repayment of capital lease and

equipment financing obligations (6,045) (21,316) (284,279)

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(6,045) (59,856) 37,793,813

Investing activities:

Purchase of short-term

investments (15,164,593) (14,998,021) (41,540,688)

Maturity of short-term

investments 15,917,008 - 33,578,025

Leasehold inducements - - 243,780

Long-term investment - - (20,000)

Acquisition of property

and equipment (205,593) (523,558) (2,952,342)

Disposal of equipment - - 8,986

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546,822 (15,521,579) (10,682,239)

Increase in cash & cash

equivalents (1,219,113) (16,909,725) 6,201,996

Cash & cash equivalents,

beginning of period 7,421,109 23,765,590 -

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Cash & cash equivale
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SOURCE ARIUS Research Inc.
Copyright©2007 PR Newswire.
All rights reserved

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