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ACS Motion Control Ltd. Reports Second Quarter Results
Date:7/31/2008

2,394 1,217 1,147 4,207

Research and development

costs

Costs incurred 1,552 1,102 808 587 2,303

Less-grants received (265) (216) (137) (109) (438)

Net research and

development costs 1,287 886 671 478 1,865

Selling and marketing

expenses 1,114 795 576 371 1,659

General and

administrative expenses 1,012 774 512 379 1,565

Total operating costs 3,413 2,455 1,759 1,228 5,089

Operating loss (1,208) (61) (542) (81) (882)

Financing income

(expense), net 35 135 (14) 79 287

Impairment of investment

in other - - - - (169)

company

Income (loss) before

taxes on income (1,173) 74 (556) (2) (764)

Taxes on income 147 (1) 106 6 79

Net income (loss) (1,026) 73 (450) 4 (685)

Earnings (loss) per

Share - in U.S. Dollars

Basic net earnings (loss)

per share (0.31) 0.02 (0.14) 0.001 (0.21)

Weighted average number

of shares used in

computation of earnings

(loss) per share

Basic - in thousands 3,281 3,274 3,281 3,281 3,277

2008, Q2 Consolidated Balance Sheets June 30, December 31,

2008 2007 2007

Consolidated

U.S. Dollars in thousands

ASSETS

Current assets

Cash and cash equivalents 2,105 2,937 3,136

Marketable debt securities 3,730 4,331 4,103

Trade receivables, n
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SOURCE ACS Motion Control
Copyright©2008 PR Newswire.
All rights reserved

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