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Cepheid Reports 2009 Second Quarter Results
Date:7/30/2009

--- ----- --- --- Net loss $(6,779) $(7,695) $(14,381) $(9,713) ======= ======= ======== ======= Basic and diluted net loss per share $(0.12) $(0.13) $(0.25) $(0.17) ====== ====== ====== ====== Shares used in computing basic and diluted net loss per share 58,053 57,054 57,943 56,603 ====== ====== ====== ====== (1) See discussion in press release.

                                     CEPHEID

                 CONDENSED CONSOLIDATED UNAUDITED BALANCE SHEETS
                                  (in thousands)


                                                         June 30, December 31,
                                                           2009       2008
                                                           ----       ----
                                                                       As
                                                                  Restated (1)
                                 ASSETS
    Current assets:
      Cash and cash equivalents                           $24,726    $23,478
      Restricted cash                                           -      1,500
      Short-term investments                               24,924          -
      Accounts receivable, net                             20,828     18,952
      Inventory                                            35,251     33,498
      Prepaid expenses and other current assets             2,485      4,636
                                                            -----      -----
    Total current assets                                  108,214     82,064
    Property and equipment, net                            22,780     24,10
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SOURCE Cepheid
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