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Healthcare Technologies Reports 2007 Nine Months & Third Quarter Results
Date:11/23/2007

Condensed Consolidated Statement of Operations

(U.S. Dollars in Thousands, Except Profit (Loss) Per Share Information)

Three Months Ended Nine Months Ended Year Ended

09/30/07 09/30/06 09/30/07 09/30/06 31/12/06

Sales $4,035 $3,066 $11,789 $10,116 $13,656

Gross profit $1,397 $1,025 $3,827 $3,591 $4,775

Net profit (Loss) $189 $34 $(130) $557 $210

Profit (Loss) per

share $0.02 $0.00 $(0.02) $0.07 $0.03

Weighted

average number

of Shares and

share equivalents

Outstanding

(in Thousands) 7,793 7,703 7,793 7,703 7,715

Consolidated Balance Sheet ,

(U.S $ in thousands)

09/30/07 09/30/06 12/31/06

Cash and cash

equivalents $238 $467 $361

Total current

assets $7,662 $7,055 $7,672

Total current

liabilities $6,442 $4,680 $5,055

Shareholder's

equity $7,151 $7,621 $7,315

Safe Harbor: This press release contains certain forward looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward looking statement made by or on behalf of Healthcare Technologies Ltd. Readers are referred to the documents filed by the company with the Securities Exchange Commission, specifically the most recent report on Form 20F that
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SOURCE Healthcare Technologies Ltd
Copyright©2007 PR Newswire.
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