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DATATRAK International, Inc. Announces 2007 Third Quarter and Nine Month Operating Results
Date:11/8/2007

1,478,417 2,226,317

Deferred tax asset 1,233,400 1,858,800

Property and equipment, net 3,881,371 4,736,233

Goodwill 10,863,383 10,863,383

Other intangible assets, net 707,107 1,914,206

Other 665,236 605,666

Total assets $27,506,134 $27,220,182

Accounts payable and other current

liabilities $4,159,666 $3,709,485

Long-term liabilities 4,419,949 5,446,703

Shareholders' equity 18,926,519 18,063,994

Total liabilities and shareholders'

equity $27,506,134 $27,220,182

DATATRAK International, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

(Unaudited)

For the Three Months Ended

September 30,

2007 2006

Revenue $2,116,333 $4,374,360

Direct costs 1,061,088 1,327,173

Gross profit 1,055,245 3,047,187

Selling, general and administrative

expenses 3,282,508 3,391,522

Severance expense 386,368 ---

Depreciation and amortization 669,941 628,648

Impairment loss 213,209 ---

Loss from operations
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SOURCE DATATRAK International, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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