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Microfluidics International Corporation Announces Second Quarter 2009 Financial Results

----- ----- Total liabilities 7,150 7,280 ----- ----- Stockholders' equity: Common stock; $.01 par value; 30,000,000 and 20,000,000 shares authorized; 10,607,228 and 10,592,228 shares issued; 10,371,782 and 10,356,782 shares outstanding as of June 30, 2009 and December 31, 2008, respectively 106 106 Additional paid-in capital 18,135 18,042 Accumulated deficit (16,906) (16,039) Treasury stock, 235,446 shares, at cost, as of June 30, 2009 and December 31, 2008 (669) (669) ---- ---- Total stockholders' equity 666 1,440 --- ----- Total liabilities and stockholders' equity $7,816 $8,720 ====== ======

                   Condensed Consolidated Statements of Operations
            (Unaudited - in thousands, except share and per share amounts)

                          For The Three Months Ended  For The Six Months Ended
                                     June 30,                June 30,
                                     --------                --------
                                 2009        2008        2009        2008
                                 ----        ----        ----        ----

    Revenues                   $3,469      $4,374      $7,028      $7,896
    Cost of sales               1,493       2,225       3,1
SOURCE Microfluidics International Corporation
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