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Uroplasty Reports Third Quarter Fiscal 2009 Results
Date:2/3/2009

actual results to differ materially from our anticipated results. We discuss in detail the factors that may effect the achievement of our forward-looking statements in our Annual Report on Form 10-K filed with the SEC. Further, we cannot assure you that our SUmiT clinical trial will produce favorable results, that even if it does produce favorable result third-party payors will provide or continue to provide coverage and reimbursement, or reimburse the providers an amount sufficient to cover their costs and expenses, or that we will timely obtain, or even succeed at all at obtaining, a specific "listed" CPT reimbursement code from the AMA for Urgent PC treatments. We further cannot assure that reimbursement or other issues will not further impact our fiscal 2009 results.

     For Further Information: Uroplasty, Inc.           EVC Group
     David Kaysen, President and CEO, or                Doug Sherk (Investors)
     Medi Jiwani, Vice President, CFO, and Treasurer,   415.896.6820
     952.426.6140                                       Chris Gale (Media)
                                                        646.201.5431



                       UROPLASTY, INC. AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

                            Three Months Ended       Nine Months Ended
                               December 31,              December 31,
                            2008         2007         2008         2007

    Net sales           $3,387,285   $3,729,314  $11,833,422   $9,717,531
    Cost of goods sold     533,987      789,955    1,791,153    2,053,208

    Gross profit         2,853,298    2,939,359   10,042,269    7,664,323

    Operating expenses
      General and
       administrative      713,545      799,193    2,670,653    2,755,000
      Research and
       development         723,673      460,374    1,457,170    
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SOURCE Uroplasty, Inc.
Copyright©2009 PR Newswire.
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