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

Operating expenses

Research and development 568,000 522,000 1,645,000 2,016,000

General, selling and

administration 2,908,000 2,503,000 13,205,000 12,615,000

Amortization of

intangible assets 126,000 126,000 504,000 504,000

Other (17,000) (63,000) (72,000) (141,000)

3,585,000 3,088,000 15,282,000 14,994,000

Operating income 307,000 1,704,000 1,308,000 5,379,000

Loss on extinguishment

of debt (171,000) -- (215,000) --

Interest

Expense (107,000) (317,000) (975,000) (1,258,000)

Income 36,000 60,000 331,000 195,000

(71,000) (257,000) (644,000) (1,063,000)

Income before income

taxes 65,000 1,447,000 449,000 4,316,000

Provision for income taxes 23,000 560,000 132,000 1,643,000

Net income $42,000 $887,000 $317,000 $2,673,000

Net income per common share

Basic $0.00 $0.03 $0.01 $0.09

Diluted $0.00 $0.03 $0.01 $0.09

Weighted average common shares

used in calculation

Basic 29,847,965 28,934,354 29,572,975 28,788,594

Diluted 30,069,420 29,734,303 29,955,046 29,507,780

Memry Corporation and Subsidiaries

Condensed Segment Data

For the Three Months and Year Ended June 30, 2007 and 2006

(Unaudited)

Three Months Ended Year Ended

June 30, June 30,


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

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