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Inverness Medical Innovations Announces Fourth Quarter 2008 Results

="_new"> two hours after the end of the call and will be accessible for 30 days. Additionally, reconciliations to non-GAAP financial measures not included in this press release that may be discussed during the call will also be available at the same website beginning shortly before the conference call and will continue to be available on this website for 30 days.

For more information about Inverness Medical Innovations, please visit our website at

By developing new capabilities in near-patient diagnosis, monitoring and health management, Inverness Medical Innovations enables individuals to take charge of improving their health and quality of life at home. Inverness' global leading products and services, as well as its new product development efforts, focus on infectious disease, cardiology, oncology, drugs of abuse and women's health. Inverness is headquartered in Waltham, Massachusetts.

               Inverness Medical Innovations, Inc. and Subsidiaries
               Condensed Consolidated Statements of Operations and
              Reconciliation to Non-GAAP Adjusted Cash Basis Amounts
                       (in $000s, except per share amounts)

                                      Year Ended December 31, 2008
                                           Non-GAAP                Cash
                               GAAP      Adjustments             Basis (a)
                               ----      -----------             ---------

    Net product sales and
     services revenue       $1,645,600         $-               $1,645
SOURCE Inverness Medical Innovations, Inc.
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1. Inverness Medical Innovations Schedules Conference Call for 10:00 a.m. ET February 18, 2009 to Discuss Fourth Quarter 2008 Results
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5. Inverness Medical Innovations to Participate at JP Morgan Healthcare Conference on January 13, 2009
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