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Encision Reports Fourth Quarter and Fiscal Year 2008 Results
Date:5/20/2008

quantity of new account conversions, insufficient cash to fund operations, scale up production to meet delivery obligations, delay in developing new products and receiving FDA approval for such new products and other factors discussed in the Company's filings with the Securities and Exchange Commission.

CONTACT: Marcia McHaffie, Encision Inc., 303-444-2600,

mmchaffie@encision.com

ENCISION INC.

Condensed Statements of Operations

(Amounts in thousands, except per share information)

(Unaudited) (Audited)

Three Months Ended Fiscal Years Ended

March 31, March 31, March 31, March 31,

2008 2007 2008 2007

Net sales $3,183 $2,817 $12,066 $11,010

Cost of sales 1,163 1,050 4,464 4,106

Gross profit 2,020 1,767 7,602 6,904

Operating expenses 1,959 1,947 7,757 7,035

Operating income (loss) 61 (180) (155) (131)

Other income (expense) (12) 3 (24) 41

Net income (loss) $49 $(177) $(179) $(90)

Basic net income

(loss) per share $0.01 $(0.03) $(0.03) $(0.01)

ENCISION INC.

Condensed Balance Sheets

(Audited)

(Amounts in thousands)

March 31, March 31,

2008 2007

Cash and cash equivalents $71
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SOURCE Encision Inc.
Copyright©2008 PR Newswire.
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