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Spectral announces third quarter 2008 results
Date:11/12/2008

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Loss and comprehensive

loss for the period (332) (382) (1,199) (968)

Deficit - Beginning of

period (3,554) (1,607) (2,687) (1,021)

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Deficit - End of period (3,886) (1,989) (3,886) (1,989)

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

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Basic and diluted loss

per common share (0.01) (0.02) (0.05) (0.04)

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

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

Weighted average number of

common shares

outstanding 24,118,424 24,118,424 24,118,424 24,116,966

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

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Spectral Diagnostics Inc.

Statements of Cash Flows - unaudited

For the nine months ended September 30, 2008 and 2007

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

(in thousands of dollars)

3 Months Ended 9 Months Ended

September 30 September 30

2008 2007 2008 2007

$ $ $ $

Cash provided by (used in)

Operating activities

Loss and comprehensive

loss for the period (332) (382) (1,199) (968)

Items not affecting cash

Amortization 160 147 478 433

Amortization of commercial

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SOURCE Spectral Diagnostics Inc.
Copyright©2008 PR Newswire.
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