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ARIUS announces first quarter fiscal 2008 financial results
Date:4/11/2008

- - (2,408,886)

Exercise of compensation

warrants 1,697,446 - 1,706,027

Exercise of stock options 35,092 - 35,092

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 (6,260) (11,492) (296,691)

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1,726,278 (11,492) 39,513,939

Investing activities:

Purchase of short-term

investments (1,299,844) (7,662,879) (44,450,921)

Maturity of short-term

investments 6,825,190 9,998,138 43,151,077

Leasehold inducements - - 243,780

Long-term investment - - (20,000)

Acquisition of facilities and

equipment (10,217) (222,258) (2,979,510)

Disposal of equipment - - 8,986

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5,515,129 2,113,001 (4,046,588)

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Increase in cash and cash

equivalents 4,124,908 747,831 9,760,273

Cash and cash equivalents,

beginning of period 5,635,365 4,077,065 -

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SOURCE ARIUS Research Inc.
Copyright©2008 PR Newswire.
All rights reserved

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