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International Isotopes Inc. Announces First Quarter 2009 Financial Results
Date:5/19/2009

of $465,944 for the same period in 2008. This is an increase in loss of $121,983 or 26%, and was attributable to increases in general administrative and consultant costs related to the support and continued development of the license application and plant design of the planned depleted uranium de-conversion and fluorine extraction processing facility.

Steve T. Laflin, President and CEO of International Isotopes Inc. said, "In spite of a difficult economic environment, I am proud of our execution and continued improvement in our critical areas of business. Most of our core business segments continue to demonstrate positive growth as the result of better market penetration and capitalizing upon market opportunities. As we navigate through the balance of 2009, we will continue to experience losses in the coming year due to our planned commitment to design, license, and construction of the first commercial depleted uranium de-conversion and fluorine extraction facility in the U.S. We believe this is time and money well spent and presents a significant opportunity for our future growth and long-term, positive shareholder returns."

                                  International Isotopes Inc.
                                      Three Months Ended March 31
                                      2009                  2008
    Sales of Product               $1,699,670            $1,307,938
    Gross Profit                     $868,934              $698,402
    Total Operating Expenses       $1,440,314            $1,145,507
    Operating (Loss)                ($571,200)            ($447,105)
    Total Other Income (Expense)     $(16,727)             ($18,839)
    Net (Loss)                      ($587,927)            ($465,944)
    Net (Loss) Per Common Share
     basic and diluted                 ($0.00)              ($ 0.00)
    Weighted Av. Share Outstanding
     basic and diluted            288,802,29
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SOURCE International Isotopes Inc.
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