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Pressure BioSciences, Inc. Reports Second Quarter 2014 Financial Results and Provides Business Update
Date:8/14/2014

tual events or results may differ materially. The Company's financial results for the quarter ended June 30, 2014 may not necessarily be indicative of future results. These and other factors may cause our actual results to differ materially from any forward-looking statement. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2013, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.

For more information about PBI and this press release, please click on the following website link: 
http://www.pressurebiosciences.com
Please visit us on Facebook, LinkedIn, and Twitter.Investor Contacts: Richard T. Schumacher, President & CEO

(508) 230-1828 (T)Richard P. Thomley, Chief Financial Officer PRESSURE BIOSCIENCES, INC. AND SUBSIDIARYCONDENSED CONSOLIDATED BALANCE SHEETSJune 30,December 31,ASSETS2014(Unaudited)2013(Audited)CURRENT ASSETSCash and cash equivalents

$9,369$31,417Accounts receivable

190,725147,635Inventories, net of $50,000 reserve at March 31, 2014 and December 31, 2013

853,219736,676Prepaid income taxes

7,3817,381Investor receivable

200,000-Prepaid expenses and other current assets

157,60785,573Total current asset
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SOURCE Pressure BioSciences, Inc.
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