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Nutrition 21 Announces Second Consecutive Profitable Quarter in Q2 Fiscal 2009
Date:2/5/2009

olders' Equity $37,488 $39,626 ======= =======

                                    NUTRITION 21, INC.
                         Consolidated Statements of Operations
                    (In thousands, except share and per share data)
                                       (unaudited)

                             Three Months Ended          Six Months Ended
                                 December 31,              December 31,
                             2008           2007        2008          2007
                             ----           ----        ----          ----

    Net sales               $12,797       $12,734     $25,406       $24,566
    Other revenues               77           275         128           640
                                 --           ---         ---           ---

    TOTAL REVENUES           12,874        13,009      25,534        25,206
                             ------        ------      ------        ------

    COSTS AND EXPENSES

    Cost of revenues          5,528         3,977      10,273         7,992
    Advertising and
     promotion expenses       4,806         9,705      10,168        19,709
    General and
     administrative
     expenses                   961         1,324       1,759         2,409
    Research and
     development
     expenses                    93           205         173           514
    Depreciation and
     amortization               283           563         646         1,104
                                ---           ---         ---         -----

    TOTAL COSTS AND
     EXPENSES                11,671        15,774      23,019        31,728

    OPERATING PROFIT
     (LOSS)                   1,203        (2,765)      2,515        (6,522)

    Interest income              34           113          78           146
    Interest expense 
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SOURCE Nutrition 21, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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