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Misonix Reports First Quarter Fiscal Year 2009 Financial Results
Date:11/13/2008

industry acceptance, litigation and/or court proceedings, including the timing and monetary requirements of such activities, the timing of finding strategic partners and implementing such relationships, regulatory risks including approval of pending and/or contemplated 510(k) filings, the ability to achieve and maintain profitability in the Company's business lines, and other factors discussed in the Company's Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company disclaims any obligation to update its forward-looking relationships.

MISONIX, INC. And Subsidiaries

Consolidated Balance Sheets

Derived from

Audited Financial

Unaudited Statements

September 30, 2008 June 30, 2008

------------------ -------------

Assets

------

Current Assets:

Cash $1,836,591 $1,873,863

Accounts receivable,

less allowance for doubtful

accounts of $312,440 and

$376,998, respectively 6,911,337 7,986,802

Inventories, net 12,319,012 12,651,564

Deferred income taxes 1,246,922 1,562,279

Prepaid expenses and other

current assets 832,981 904,737

------- -------

Total current assets 23,146,843 24,979,245

Property, plant and equipment, net 3,925,137 4,398,867

Deferred income taxes 952,502 1,280,217

Goodwill
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SOURCE Misonix, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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