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Memry Corporation FY 2007 Revenues $51.7M; Net Income $317,000 or $0.01 Per Share
Date:9/17/2007

Intangible assets, net 6,500,000 7,171,000

Goodwill 14,146,000 14,146,000

Deferred financing costs, net 89,000 355,000

Deferred tax assets 1,769,000 1,821,000

Investment 409,000 409,000

Deposits and other assets 155,000 159,000

Total other assets 23,068,000 24,061,000

TOTAL ASSETS $48,746,000 $55,300,000

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued expenses $5,606,000 $5,478,000

Notes payable 970,000 2,173,000

Income tax payable 50,000 215,000

Total current liabilities 6,626,000 7,866,000

Notes payable, less current maturities 645,000 7,818,000

Other non-current liabilities 125,000 116,000

Stockholders' equity

Common stock, $0.01 par value, 60,000,000

shares authorized; 29,851,870 and 29,077,486

shares issued and outstanding at June 30,

2007 and 2006, respectively 299,000 291,000

Additional paid-in capital 56,471,000 54,946,000

Accumulated deficit (15,420,000) (15,737,000)

Total stockholders' equity 41,350,000 39,500,000

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $48,746,000 $55,300,000

Investor Relation Information:

Hawk Associates, Inc.

Frank N. Hawkins, Jr. or Julie Marshall

Phone: (305) 451-1888

E-mail: info@hawkassociates.com


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SOURCE Memry Corporation
Copyright©2007 PR Newswire.
All rights reserved

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