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CryoCath announces 2007 fourth quarter and fiscal year end financial results
Date:12/17/2007

9,544 473,608

Decrease in employee share purchase loans 13,054 48,232

Increase in deferred financing charges (25,167) (409,817)

Increase in long-term debt 3,534,000 10,100,000

Repayment of long-term debt (884,752) -

Increase in bank indebtedness 6,476,288 -

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Cash flows related to financing activities 9,482,967 10,212,023

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Effect of exchange rate change on cash and

cash equivalents (87,915) (17,355)

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Net change in cash and cash equivalents (38,279) 8,525,962

Cash and cash equivalents, beginning

of the year 9,178,123 652,161

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Cash and cash equivalents, end of the year 9,139,844 9,178,123

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Cash and cash equivalents consist of:

Cash 1,652,794 4,739,592

Cash equivalents 7,487,050 4,438,531

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SOURCE CryoCath Technologies Inc.
Copyright©2007 PR Newswire.
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