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InfuSystem Holdings Provides Business Update and Comments on First Quarter 2008 Financial Results
Date:5/12/2008

for colorectal cancer, but they have been approved for other forms of cancer, thereby greatly enhancing the market opportunity for InfuSystem.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. These risks and uncertainties include general economic conditions, as well as other risks detailed from time to time in InfuSystem's publicly filed documents.

InfuSystem Holdings, Inc.

CONSOLIDATED BALANCE SHEETS

March 31, December 31,

(in thousands, except share data) 2008 2007

ASSETS (Unaudited)

Current Assets:

Cash and cash equivalents 6,430 3,960

Accounts receivable, less allowance for

doubtful accounts of $1945 and $1638 at

March 31, 2008 and December 31, 2007,

respectively; March 31, 2008 and

December 31, 2007 include $47 and $103

due from I-Flow, respectively 5,256 6,304

Inventory supplies 302 364

Prepaid expenses and other current assets 522 1,263

Deferred income taxes 4 4

Total Current Assets 12,514 11,895

Property & equipment, net 12,903 13,504

Deferred debt issuance costs, net 1,738 1,918

Goodwill 56,572 56,544

Intangible assets, net 32,108 3
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SOURCE InfuSystem Holdings, Inc.
Copyright©2008 PR Newswire.
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