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Human Pheromone Sciences Announces Third Quarter Results
Date:11/13/2009

SAN JOSE, Calif., Nov. 13 /PRNewswire-FirstCall/ -- Human Pheromone Sciences, Inc. (OTC Bulletin Board: EROX) ("HPS" or "the Company") today announced results for the three and nine month periods ended September 30, 2009. For the three months ending September 30, 2009, net revenues of $273,000 represented a 4% increase from the revenues of $262,000 in the prior year period, and resulted in net income of $10,000 ($0.00 per share) as compared with a net loss of $30,000 ($0.01 per share) for the same period of 2008. For the nine month period ending September 30, 2009, net revenues of $662,000 were 13% lower than the previous year's $764,000, resulting in a net loss of $255,000 ($0.06 per share) as compared with a net loss of $181,000 ($0.04 per share) in the first nine months of 2008.

According to a Company spokesperson, "the slight increase in revenues for the quarter is attributable to royalties generated under the expansion of our agreement with an additional U.S. subsidiary of the international chemical and consumer giant Schwarzkopf and Henkel (Dial Corporation). The launch of the Dial Body Wash Product containing our technology is very creative and exciting, and their website dedicated to these products, getmagnetic.com., is incredibly innovative, informative and entertaining. Somewhat offsetting these actual revenue increases, was a decrease in recognition of deferred revenue associated with the agreement entered into with Johnson & Johnson in 2006. The increased revenues from the higher margin royalty revenues contributed to net income of $10,000 in the current year third quarter as compared with a $30,000 loss in the same quarter lat year."

Human Pheromone Sciences, Inc. is a technology-based company, whose proof-of concept products included prestige-priced fragrances and toiletries and environmental products sold under the Natural Attraction®, REALM®, innerREALM® and EROX® trademarks. These
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SOURCE Human Pheromone Sciences, Inc.
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