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SGX Pharmaceuticals Announces First Quarter Financial Results and Gives Pipeline Update
Date:5/13/2008

exclude the effect of

non-cash stock compensation expense. The Company believes that the

presentation of results excluding non-cash stock compensation expense

provides meaningful supplemental information to both management and

investors that is indicative of the Company's core operating results.

The Company believes these non-GAAP financial measures facilitate

comparison of operating results across reporting periods, and uses

these non-GAAP financial measures when evaluating its financial

results, as well as for internal planning and forecasting purposes.

These non-GAAP financial measures should not be considered a

substitute for, or superior to, financial measures calculated in

accordance with GAAP.


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SOURCE SGX Pharmaceuticals, Inc.
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