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LifeCell Reports Fourth Quarter and Full Year 2007 Financial Results
Date:2/27/2008

is news release.

LIFECELL CORPORATION

Financial Highlights

(Unaudited)

(In thousands, except for

per share data) Three Months Ended Year Ended

December 31, December 31,

Statement of Operations Data: 2007 2006 2007 2006

Revenues:

Product revenues $52,599 $39,337 $190,518 $140,647

Research grant revenues - 292 612 1,033

Total revenues 52,599 39,629 191,130 141,680

Costs and Expenses:

Cost of products sold 15,646 11,022 56,090 40,856

Research and development 6,547 4,889 23,547 16,500

General and administrative 8,773 4,762 24,580 18,618

Selling and marketing 12,314 9,553 43,480 32,376

Total costs and expenses 43,280 30,226 147,697 108,350

Income from operations 9,319 9,403 43,433 33,330

Interest and other income

(expense), net 912 865 4,028 2,793

Income before income taxes 10,231 10,268 47,461 36,123

Income tax provision 4,754 4,042 20,578 15,654

Net income $5,477 $6,226 $26,883 $20,469

Net income per common share:

Basic $0.16 $0.19 $0.81 $0.62

Diluted $0.16 $0.18 $0.78 $0.60

Shares used in computing

net income per common share:

Basic 33,565 32,977 33,345 32,769

Diluted 34,817 34,113 34,534 34,007

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SOURCE LifeCell Corporation
Copyright©2008 PR Newswire.
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