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SemBioSys announces 2007 third quarter results
Date:11/1/2007

(2,659,025) (10,134,732) (9,771,546)

Deficit - Beginning

of period (47,194,268) (33,725,921) (40,740,486) (26,613,400)

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Deficit - End

of period (50,875,218) (36,384,946) (50,875,218) (36,384,946)

------------ ------------ ------------ ------------

------------ ------------ ------------ ------------

Loss per share -

basic and diluted (0.17) (0.16) (0.48) (0.59)

------------ ------------ ------------ ------------

------------ ------------ ------------ ------------

Weighted average

shares outstanding 22,167,171 16,775,190 21,069,493 16,674,148

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SemBioSys Genetics Inc.

Consolidated Statements of Cash Flows

(Unaudited)

-------------------------------------------------------------------------

(expressed in Canadian dollars)

Three month period Nine month period

ended September 30, ended September 30,

------------------------- -------------------------

2007 2006 2007 2006

------------ ------------ ------------ ------------

$ $ $ $

Cash provided by

(used in)

Operating activities

Net and comprehensive

loss for the period (3,680,950) (2,659,025) (10,134,732) (9,771,546)

Add items not

affecting cash:

Amortization 328,684 209,978 798,629 610,500

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SOURCE SemBioSys Genetics Inc.
Copyright©2007 PR Newswire.
All rights reserved

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