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Encision Reports First Fiscal Quarter Results
Date:7/31/2008

S 1,229 1,031

GROSS PROFIT 1,865 1,628

OPERATING EXPENSES:

Sales and marketing 1,374 1,214

General and administrative 367 372

Research and development 289 330

Total operating expenses 2,030 1,916

OPERATING LOSS (165) (288)

Interest and other income (expense), net 1 (7)

LOSS BEFORE PROVISION FOR INCOME TAXES (164) (295)

Provision for income taxes -- --

NET LOSS $(164) $(295)

Net loss per share-basic and diluted $(0.03) $(0.05)

Encision Inc.

Condensed Balance Sheets

(Amounts in thousands)

June 30, March 31,

2008 2008

(unaudited) (audited)

ASSETS

Cash and cash equivalents $46 $71

Accounts receivable, net 1,274 1,453

Inventories, net 2,050 2,271

Prepaid expenses 147 99

Total current assets 3,517 3,894

Equipment, net 800 798

Patents, net 200 199

Other assets 46 53

TOTAL ASSETS
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SOURCE Encision Inc.
Copyright©2008 PR Newswire.
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