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Avitar Reports Third Quarter Financial Results for Fiscal 2007
Date:8/19/2007

Net Income (Loss) $301 $(1,329) $(1,542) $(3,256)

Basic Income (Loss)

Per Share From

Continuing

Operations $0.01 $(0.30) $(0.08) $(0.79)

Basic Income (Loss)

Per Share From

Discontinued

Operations - (0.01) - 0.01

Basic Income (Loss)

Per Share $0.01 $(0.31) $(0.08) $(0.78)

Diluted Income

(Loss) Per Share From

Continuing

Operations $- $(0.30) $(0.08) $(0.79)

Diluted Income

(Loss) Per Share From

Discontinued

Operations - (0.01) - 0.01

Diluted Income

(Loss) Per Share $- $(0.31) $(0.08) $(0.78)

Basic Weighted

Average Number of

Shares and Common

Equivalent Shares

Outstanding 28,025,823 4,480,981 19,726,267 4,301,369

Diluted Weighted

Average Number of

Shares and Common

Equivalent Shares

Outstanding 100,000,000 4,480,981 19,726,267 4,301,369

Selected Balance

Sheet Items: 06/30/2007

Cash 80

Total Assets 1,684

Total

Liabilities 7,709

Redeemable

Convertible and

Convertible

Preferred Stock 3,208

Stockholders'

Deficit (9,233)


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SOURCE Avitar, Inc.

Copyright©2007 PR Newswire.

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