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AMICAS Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2007
Date:2/28/2008

k, at cost, 6,824,192 and

6,523,392 shares (22,443) (21,640)

Total stockholders' equity 108,246 107,555

Total Liabilities and Stockholders' Equity $128,441 $126,871

Condensed Consolidated Statements Of Operations

(in thousands, except per share data)

Three Months Ended Year Ended

December 31, December 31,

2007 2006 2007 2006

Revenues

Maintenance and services $9,645 $8,991 $38,175 $36,258

Software licenses and system sales 2,007 2,453 11,713 13,179

Total revenues 11,652 11,444 49,888 49,437

Costs and expenses

Cost of revenues:

Maintenance and services (a) 4,134 3,898 16,469 15,003

Software licenses and system sales,

including amortization of software

costs of $489, $489, $1,957 and

$1,958, respectively 1,326 1,424 6,486 7,644

Selling, general and administrative (b) 5,662 5,866 21,809 21,770

Research and development (c) 2,115 2,075 8,527 8,705

Depreciation and amortization 284 294 1,120 1,238

13,521 13,557 54,411 54,360

Operating loss (1,869) (2,113) (4,523) (4,923)

Interest income 991 988 3,870 3,753

Loss from continuing operations,

before income taxes (878) (1,125) (653) (1,170)

Provision for income taxes 24 21 209 84

Loss from continuing operations (902) (1,146) (862) (1,254)

Gain on sale
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SOURCE AMICAS, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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