InfuSystem Holdings Provides Business Update and Comments on First Quarter 2008 Financi...($- Operating expenses: Cost of Re...),Health

Operating expenses:

Cost of Revenues -- Product and

supply costs 1,465 -

Cost of Revenues -- Pump depreciation 963 -

Provision for doubtful accounts 861 -

Amortization of intangibles 457 -

Selling and marketing 1,077 -

General and administrative 3,186 1,181

Total Operating Expenses 8,009 1,181

Other income (expense):

Gain on derivatives 5,231 2,025

Interest income 3 1,151

Interest expense (958) -

Total other income (expense) 4,276 3,176

Income before income taxes 4,797 1,995

Income tax expense - (220)

Net income 4,797 1,775

Net income per share:

basic 0.29 0.10

diluted 0.29 0.08

Weighted average shares outstanding:

basic 16,824,295 18,625,252

diluted 16,824,295 22,417,488

InfuSystem Holdings, Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Three Months Ended

March 31

(in thousands) 2008 2007

OPERATING ACTIVITIES

Net Income 4,797 1,775

Items included in net income not

requiring cash:

Gain on derivative liabilities (5,231)
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