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Strategic Diagnostics Reports Fourth Quarter and Full-Year Financial Results
Date:2/28/2008

ntibody revenues increased 29% over 2006.

Food Safety Products

Food pathogen revenues were up 21%, to $1.4 million for the fourth quarter of 2007 compared to the same period in 2006. Food pathogen sales increased 22.3% as the Company continues to gain traction with its new RapidChek(R) SELECT(TM) for Salmonella. The Company continued to actively recruit and train new international distributors during the quarter.

The Company has gained 14 new accounts on the Lumitester(TM) hygiene monitoring programs. Unlike competitive methods on the market, the Lumitester(TM) platform allows users to get more actionable information on the performance of their cleaning and sterilization programs in all aspects of their housekeeping and personal hygiene programs. The Company believes Lumitester(TM) is complementary to the RapidChek(R) line of food pathogen tests and will deliver additional sales synergies.

U.S. Ag-GMO product sales were down 64% for the fourth quarter of 2007 as compared to last year's fourth quarter, and down 44% for the full year of 2007. This continues an ongoing decline in this line of business.

Water and Environmental Products

Water and environmental products revenue increased 10% to $1.3 million for the quarter ended December 31, 2007, compared to the same period in 2006, but declined 2% for the full year of 2007.

Industrial Biofermentation

During the fourth quarter, SDI continued the development of its bacterophage technology for application in the production of ethanol from corn. The Company hired Energetix LLC as its consultant and is actively pursuing technology scale up and demonstration in fully commercial ethanol plants as early as the third quarter of this year. The company is targeting several large ethanol producing plants for further testing. The Company's joint development program with POET Energies has been suspended.

"We remain excited about our phage technology and confident it can b
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SOURCE Strategic Diagnostics Inc.
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