DATATRAK International, Inc. Announces 2007 Third Quarter and Nine Month Operati...(1478417 2226317 Deferred tax...),Health

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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