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Immucor Announces Record Fiscal First Quarter Revenues
Date:10/3/2007

nterest rates; fluctuations in foreign currency conversion rates; the ability of the Company's Japanese subsidiary to attain expected revenue, gross margin and net income levels; the outcome of any legal claims known or unknown; delays in regulatory approvals required to move Houston manufacturing to another Company facility; other currently unforeseen events that could delay the move; higher than expected Houston closure costs; higher than expected manufacturing consolidation costs; the unexpected application of different accounting rules; and general economic conditions. Further risks are detailed in the Company's filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on any forward-looking statements. Immucor assumes no obligation to update any forward-looking statements.

IMMUCOR, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Amounts in thousands except per share data)

(Unaudited)

Three Months Ended

August 31, August 31,

2007 2006

NET SALES $63,632 $51,040

COST OF SALES 17,751 16,504

GROSS PROFIT 45,881 34,536

OPERATING EXPENSES

Research and development 2,055 1,226

Selling and marketing 7,569 5,559

Distribution 2,684 2,288

General and administrative 5,880 5,222

Restructuring expense 531 387

Amortization expense and other
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SOURCE Immucor, Inc.
Copyright©2007 PR Newswire.
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