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Nutrition 21 Announces Financial Results for Q4 of Fiscal 2009 and Full Year Fiscal 2009

se risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements contained in this press release will in fact occur. Additionally, the company makes no commitment to disclose any revisions to forward-looking statements, or any facts, events or circumstances after the date hereof that may bear upon forward-looking statements.

                Nutrition 21, Inc.            Lytham Partners, LLC
                  Alan Kirschbaum               Joe Diaz
                  (914) 701-4500                (602) 889-9700

                     Financial Tables on Following Pages

                            NUTRITION 21, INC.
                      Consolidated Balance Sheets
                             (in thousands)

                                                         June 30,
    ASSETS                                        2009              2008
    Current assets:
      Cash, cash equivalents                     $1,373            $4,817
      Accounts receivable, net                    2,752             2,922
      Other receivables, net                        516               286
      Inventories, net                            3,878             1,014
      Other current assets                          467             1,483
    Property and equipment, net                      46                69
    Patents, trademarks, and other
     intangibles, net                               766             6,919
    Goodwill and other intangibles with
     indefinite lives                             3,636            15,395
    Other assets                                  1,389             2,981
    Investments                                      --             3,740

    Total Assets                                $14,823           $39,626
    Short term borrowings                         
SOURCE Nutrition 21, Inc.
Copyright©2009 PR Newswire.
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