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Cardiac Science Reports Record Fourth Quarter and Full Year 2007 Results
Date:2/28/2008

ing activities 4,090 28

Investing Activities:

Purchases of short-term investments (350) (839)

Maturities of short-term investments 346 292

Purchases of machinery and equipment (326) (316)

Payments related to the purchase

of Cardiac Science, Inc. (194) (219)

Net cash flows used in

investing activities (524) (1,082)

Financing Activities:

Proceeds from exercise of stock options and

issuance of shares under employee purchase plan 173 255

Minimum tax withholding on restricted stock awards (141) (81)

Net cash flows provided by

financing activities 32 174

Net change in cash and cash equivalents 3,598 (880)

Cash and cash equivalents, beginning of period 16,561 10,699

Cash and cash equivalents, end of period $20,159 $9,819

Cardiac Science Corporation and Subsidiaries

Condensed Consolidated Statements of Cash Flows (unaudited)

(in thousands)

Twelve Months Ended

December 31

2007 2006

Operating Activities:

Net income $8,490 $49

Adjustments to reconcile net income to cash

provided by operatingactivities:

Licensing income and litigation settlement (6,000) -

Depreciation and amortization 6,746 6,261

Deferred income taxes 4,494 (781)

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SOURCE Cardiac Science Corporation
Copyright©2008 PR Newswire.
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