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Martek Announces First Quarter 2008 Financial Results
Date:3/5/2008

q: MATK) is a leader in the innovation and development of omega-3 DHA products that promote health and wellness through every stage of life. The Company produces life'sDHA(TM), a vegetarian source of the omega-3 fatty acid DHA (docosahexaenoic acid), for use in foods, infant formula and supplements, and life'sARA(TM) (arachidonic acid), an omega-6 fatty acid, for use in infant formula. For more information on Martek Biosciences, visit http://www.martek.com.

CONTACT

Kyle Stults

Investor Relations

(410) 740-0081

kstults@martek.com

MARTEK BIOSCIENCES CORPORATION

Summary Consolidated Financial Information

(Unaudited - $ in thousands, except share and per share data)

Condensed Consolidated Statements of Income Data

Three months ended January 31,

2008 2007

Revenues:

Product sales $78,609 $66,712

Contract manufacturing sales 4,272 3,549

Total revenues 82,881 70,261

Cost of revenues:

Cost of product sales 45,097 42,969

Cost of contract manufacturing sales 3,688 3,423

Total cost of revenues 48,785 46,392

Gross margin 34,096 23,869

Operating expenses:

Research and development 5,981
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SOURCE Martek Biosciences Corporation
Copyright©2008 PR Newswire.
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