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

AREHOLDERS' EQUITY

CURRENT LIABILITIES:

Short-term bank loan, current maturities

of capital lease and of long-term loan $ 168 $ 247

Trade payables 797 516

Other accounts payable and accruals 1,099 1,102

Total current liabilities 2,064 1,865

LONG-TERM LIABILITIES:

Long-term bank loan and capital lease 50 16

Deferred revenue 228 228

Accrued severance pay 366 324

Total Long-term Liabilities 644 568

COMMITMENTS AND CONTINGENT LIABILITIES

SHAREHOLDERS' EQUITY:

Share capital: 27 27

Additional paid-in capital 59,201 58,984

Other comprehensive income 28 86

Deficit accumulated during the

development stage (39,370) (35,492)

Total shareholders' equity 19,886 23,605

Total liabilities and shareholders'

equity $ 22,594 $ 26,038

ROSETTA GENOMICS LTD. AND ITS SUBSIDIARY

(A development stage company)

CONSOLIDATED STATEMENTS OF OPERATIONS

U.S. dollars in thousands (except share and per share data)

Three months

Year ended December 31, ended March 31,

2007 2006 2008 2007

Unaudited

Operating expenses:

Research an
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SOURCE Rosetta Genomics Ltd
Copyright©2008 PR Newswire.
All rights reserved

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4. Rosetta Genomics to Webcast Presentation at Maxim Group Growth Conference
5. Rosetta Genomics to Host and Webcast its R&D Day on Friday, October 26, 2007
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7. Rosetta Genomics Announces Initiation of In Vivo Studies Following Successful Completion of First Milestone in MicroRNA-based Therapeutic Program for Liver Cancer
8. Rosetta Genomics Selects PCR as Platform for its microRNA-based Diagnostics to be Launched in 2008, Licensed Nanogens MGB Probe Technology
9. Rosetta Genomics and Columbia University Medical Center to Develop MicroRNA-based Diagnostics for Leukemia and Non Hodgkin Lymphoma
10. Rosetta Genomics Announces Initiation of Expansion of US Operations to Facilitate Expected Product Launches in 2008
11. Henry Ford Hospital and Rosetta Genomics to Develop MicroRNA-based Diagnostics for Brain Cancer
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