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American Scientific Resources, Inc. Discloses Reviewed Financials
Date:6/23/2008

Company Q1 2008 reviewed financials available on Pinksheets.com

WESTON, Fla., June 23 /PRNewswire-FirstCall/ -- American Scientific Resources, Inc. (http://www.americansci.com/) (Pink Sheets: ASFX) is pleased to announce that its reviewed Q1 2008 financials are now available on http://www.pinksheets.com in its continued effort to help maintain awareness within the investment community and assist shareholders and potential investors with due diligence.

The Company's audited financials for 2004, 2005, 2006 and 2007 (http://www.americansci.com/cgi-bin/news.pl?record=48) were recently posted, and can also be found on http://www.pinksheets.com.

American Scientific Resources, Inc. is a holding company for wholly owned subsidiaries, Kidz-Med, Inc. (http://www.kidzmed.com/) and Heart Smart, Inc. (http://www.heartsmartsystem.com/) American Scientific's objective is to locate, acquire and promote innovative health and safety products (http://www.kidzmed.com/p-17-thermofocus-5-in-1-infrared-thermometer.aspx) that are successfully sold abroad, but that have not yet been introduced to the North American market.

Dr. Christopher Tirotta, CEO of American Scientific Resources, found the Thermofocus(R) 5-in-1 non-contact thermometer at a European medical convention in 2004, immediately recognized it as a revolutionary and unique device, commenced discussions with the manufacturer and became the U.S. distributor for the Thermofocus(R) 5-in-1. It is billed as the first non-contact, clinical thermometer in the world.

The thermometer has absolutely no contact with the skin, and gives an accurate (as accurate as rectal or ear) reading in less than a second. Thermofocus(R) 5-in-1 has been recommended by doctors and pediatricians throughout the UK, Europe and Asia and has even been used by medical personnel in Asia during the SARS epidemic. (See BBC article: http://news.bbc.co.uk/2/hi/business/2986469.stm) In addition, the Company has already placed the product at more than 6,200 Walgreen stores (http://www.americansci.com/cgi-bin/news.pl?record=37) across the country.

Dr. Tirotta said, "The Company is on the brink of achieving its goal of being the nationwide distributor of choice when it comes to innovative child health and safety products. Based upon the achievements we've made (http://www.americansci.com/cgi-bin/news.pl?record=41) within a few months, we are hopeful that the Company's advancements reinforce why we provide a unique and fruitful opportunity to potential investors and current stockholders."

About American Scientific Resources, Inc.

American Scientific Resources, Inc. is a leading provider of innovative next-generation, health, medical, and safety products distributed primarily through nationwide medical suppliers, infomercials and on-line sites. Additional information about ASFX may be found at http://www.americansci.com.

Safe Harbor

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Contact:

AudioStocks.com

Ronald Garner

Investor Hotline: 760-692-1167


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SOURCE American Scientific Resources, Inc.
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