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Heska Announces Q4 and Annual 2007 Results
Date:2/26/2008

ska's state-of-the-art offerings to its customers include diagnostic and monitoring instruments and supplies as well as single use, point-of-care tests, pharmaceuticals and vaccines. The company's core focus is on the canine and feline markets where it strives to provide high value products and unparalleled customer support to veterinarians. For further information on Heska and its products, visit the company's website at http://www.heska.com.

Forward-Looking Statements

This announcement contains forward-looking statements regarding Heska's future financial and operating results. These statements are based on current expectations and are subject to a number of risks and uncertainties. Investors should note that there is an inherent risk in using past results to predict future outcomes. Revenue generated in 2007 or 2006 related to customers, technology or products may not recur in 2008. For example, in the year ended December 31, 2007, Heska recognized approximately $1.6 million in revenue upon receipt of a payment from United for product previously shipped and "take or pay" minimums for 2005 and 2006. As United has ceased operations, Heska does not expect to generate any future revenue from United. As another example, although Heska recognized approximately $2.0 million in research, development and other revenue related to the Allergopharma Portfolio in 2006 and recognized approximately $250 thousand in research, development and other revenue under a now completed service agreement, Heska does not expect to generate any revenue related to the Allergopharma Portfolio in 2008. In addition, factors that could affect the business and financial results of Heska generally include the following: uncertainties regarding Heska's ability to forecast its net operating loss usage, including over the very long term; risks related to the ultimate market acceptance of recently launched diagnostic instrumentation produc
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