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Rosetta Genomics Reports First Quarter 2008 Financial Results
Date:5/21/2008

s dependence on collaborators; the ability to obtain coverage and payment from health plans and payers for diagnostic and therapeutic products applying Rosetta's technology and Rosetta's short operating history; as well as those risks more fully discussed under "Key Information - Risk Factors" in Rosetta's Annual Report on Form 20-F for the year ended December 31, 2006 on file with the Securities and Exchange Commission. In addition, any forward-looking statements represent Rosetta's views only as of today and should not be relied upon as representing its views as of any subsequent date. Rosetta does not assume any obligation to update any forward-looking statements unless required by law.

ROSETTA GENOMICS LTD. AND ITS SUBSIDIARY

(A development stage company)

CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands

March 31, December 31,

2008 2007

Unaudited

ASSETS

CURRENT ASSETS:

Cash and cash equivalents $ 9,511 $ 13,590

Short-term bank deposits 114 112

Marketable securities 8,964 8,251

Other accounts receivable and prepaid

expenses 405 297

Total current assets 18,994 22,250

LONG-TERM INVESTMENTS 2,089 2,391

SEVERANCE PAY FUND 171 144

PROPERTY AND EQUIPMENT, NET 1,340 1,253

Total assets $ 22,594 $ 26,038

LIABILITIES AND SH
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SOURCE Rosetta Genomics Ltd
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