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Allied Healthcare Posts Third Quarter Loss
Date:5/12/2009

937 7,883,577 Weighted average common shares Outstanding - Diluted 7,901,327 8,122,888 7,897,937 8,117,684

                             ALLIED HEALTHCARE PRODUCTS, INC.
                               CONSOLIDATED BALANCE SHEET
                                       (UNAUDITED)

                                                  March 31,     June 30,
                                                    2009          2008
    ASSETS
    Current assets:
        Cash and cash equivalents                $2,036,057   $6,149,015
        Accounts receivable, net of
         allowances of $300,000                   5,758,278    6,441,683
        Inventories, net                         13,658,441   12,046,450
        Other current assets                        454,631      394,975
            Total current assets                 21,907,407   25,032,123
        Property, plant and equipment, net       10,878,246   10,542,573
        Goodwill                                 15,979,830   15,979,830
        Other assets, net                           694,144      703,328
            Total assets                        $49,459,627  $52,257,854

    LIABILITIES AND STOCKHOLDERS' EQUITY
    Current liabilities:
        Accounts payable                         $2,303,360   $2,590,804
        Other accrued liabilities                 1,530,382    2,960,334
        Deferred income taxes                       514,461      500,238
        Deferred revenue                            688,200      690,000
            Total current liabilities             5,036,403    6,741,376

    Deferred revenue                              1,663,150    2,177,500

    Commitments and contingencies

    Stockholders' equity:
        Preferred stock; $0.01 par value;
         1,500,000 shares authorized; no
         shares issued and outstanding                    -            -
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SOURCE Allied Healthcare Products, Inc.
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