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Human Pheromone Sciences Announces Fourth Quarter and Full Year Results
Date:3/27/2009

results. Further information on factors that could affect the Company's results is detailed in the Company's annual report to shareholders on Form 10-K for the year ended December 31, 2008 as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements.

                          HUMAN PHEROMONE SCIENCES, INC.
                            Condensed Balance Sheets
                             (Dollars in thousands)

                                            December 31,          December 31,
                                               2008                  2007

    Assets

    Cash and cash equivalents             $         907       $         1,437
    Accounts receivable                              52                   194
    Inventories, net                                 39                    25
    Other current assets                             58                    40
    Property and equipment, net                       2                     3
                                          -------------       ---------------

    Total                                 $       1,058       $         1,699
                                          =============       ===============

    Liabilities and Shareholders' Equity

    Accounts payable                      $          19       $           28
    Other current liabilities                       131                  141
    Deferred income - current                       297                  518
    Deferred income - non-current                   324                  566
    Common stock                                 21,043               20,963
    Accumulated deficit                         (20,756)             (20,517)
                                          -------------       ---------------

    Total                                
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SOURCE Human Pheromone Sciences, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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