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CNS Response Announces Fiscal Third Quarter 2007 Results
Date:8/19/2007

Net loss for the three-month period ended June 30, 2007 was $(502,700), or $(0.02) per diluted share, compared to a net loss of $(510,000), or $(0.25) per diluted share, during the same period last year. The net loss for the three month period ended June 30, 2007 consists of an operating loss of $(557,900) offset by other income of $55,200. The net loss for the three month period ended June 30, 2006 consists of an operating loss of $(363,900) and interest expense of $(146,100). The increase in operating loss is due primarily to the costs incurred in connection with the ongoing multi-site clinical study.

About CNS Response

CNS Response is a life sciences company focused on the commercialization of the first patented system that guides psychiatrists in pharmacotherapy for patients with certain behavioral disorders. The Company's system, "Referenced-EEG(SM)" or "rEEG(SM)", is the first objective, physiology-based system consistently shown to guide psychiatrists to appropriate treatment in the most challenging patients. It is the culmination of a 20-year effort combining Quantitative Medicine, Psychiatry and Pathology that allows a physician for the first time to determine objectively which CNS (central nervous systems) medications will be effective for a particular patient..

rEEG(SM) utilizes traditional electroencephalography (EEG) in conjunction with a normative database and a proprietary clinical (symptomatic) database to identify the following: (1) medication classes most likely to be needed; and (2) medications with the most probable treatment potential for each patient. Reports are provided to physicians in a relationship analogous to that of a reference laboratory. Prospective, retrospective and field studies of treatment-resistant patients have reported treatment success of 70% or greater in managed care, outpatient psychiatric and residential substance abuse clinical settings.

In addition to providing analytical support to physicians, C
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SOURCE CNS Response, Inc.

Copyright©2007 PR Newswire.

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