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SemBioSys announces 2007 financial and operational results
Date:3/17/2008

,560

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Loss before the undernoted (16,376,952) (14,559,302)

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Interest income 893,142 857,595

Interest expense (195,753) (182,440)

Loss on sale of property and equipment (1,483) (16,802)

Write down of property and equipment - (161,732)

Foreign exchange gain (loss) 262,369 (64,405)

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958,275 432,216

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Net loss and comprehensive loss for the year (15,418,677) (14,127,086)

Deficit - Beginning of year (40,740,486) (26,613,400)

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Deficit - End of year (56,159,163) (40,740,486)

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Loss per share - basic and diluted (0.71) (0.85)

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Weighted average shares outstanding 21,823,242 16,699,653

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SemBioSys Genetics Inc.

Consolidated Statements of Cash Flows

For the years ended December 31,

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SOURCE SemBioSys Genetics Inc.
Copyright©2008 PR Newswire.
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