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Immucor Announces Fiscal Fourth Quarter Results
Date:7/23/2009

mission, and related customer class action lawsuits; the Company's inability to protect its intellectual property or its infringement of the intellectual property of others; lower than expected market acceptance of the molecular immunohematology products; the unexpected application of different accounting rules; general economic conditions; and adverse developments with respect to the operation or performance of the Company, its products and its affiliates or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this Press Release can be found in the Company's Risk Factor disclosures in its Form 10-K for the year ended May 31, 2009. Immucor assumes no obligation to update any forward-looking statements.

                                      IMMUCOR, INC.
                       CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                     (unaudited, in thousands except per share data)
                                     Three Months Ended      Year Ended
                                     May 31,   May 31,   May 31,   May 31,
                                      2009      2008      2009      2008
    NET SALES                        $79,041   $68,614  $300,547  $261,199
    COST OF SALES                     23,802    19,221    84,536    75,710
    GROSS PROFIT                      55,239    49,393   216,011   185,489

    OPERATING EXPENSES
      Research and development         3,144     1,443    10,698     6,454
      Selling and marketing            9,654     9,951    39,191    32,970
      Distribution                     3,383     3,183    13,708    11,394
      General and administrative       8,813     6,540    31,717    25,925
      Restructuring expense                -        -          -       646
      Amortization expense and other   1,072        96     3,739       357
        Total operating expenses      26,066    21,
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SOURCE Immucor, Inc.
Copyright©2009 PR Newswire.
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