Memry Corporation FY 2007 Revenues $51.7M; Net Income $317,000 or $0.01...(2007 2006 2007 2...),Health

Revenues

Nitinol Products $9,241,000 $9,026,000 $36,036,000 $37,015,000

Polymer Products 3,933,000 4,290,000 15,821,000 15,811,000

Eliminations (45,000) (37,000) (180,000) (238,000)

Consolidated $13,129,000 $13,279,000 $51,677,000 $52,588,000

Gross profit

Nitinol Products $2,593,000 $2,981,000 $10,880,000 $13,351,000

Polymer Products 1,299,000 1,811,000 5,710,000 7,022,000

Consolidated $3,892,000 $4,792,000 $16,590,000 $20,373,000

Memry Corporation and Subsidiaries

EBITDA and Adjusted EBITDA (Non-GAAP Financial Measures)

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

(Unaudited)

Three Months Ended Year Ended

June 30, June 30,

2007 2006 2007 2006

Revenues $13,129,000 $13,279,000 $51,677,000 $52,588,000

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

Income Taxes 23,000 560,000 132,000 1,643,000

Interest Expense, Net 71,000 257,000 644,000 1,063,000

Depreciation 654,000 525,000 2,393,000 2,130,000

Amortization (a) 167,000 167,000 671,000 671,000

EBITDA 957,000 2,396,000 4,157,000 8,180,000

CEO Separation Charges -- -- -- 1,130,000

Stock-based

Compensation (b) 136,000 (6,000) 519,000 436,000

Incremental Litigation

and Professional

Fees (c) 115,000 83,000 1,640,000 212,000

Loss on Ext
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