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NutraCea Announces Third Quarter 2008 Financial Results
Date:11/7/2008

se projects, the anticipated capacity and the progress and timing of receipt of permits and start of construction of the China facility, our belief regarding the deployment of our Stabilized Wheat Bran technology about one year ahead of schedule and the upside of our Stabilized Wheat Bran technology, our belief that we are close to an inflection point, where our capacity and the ability to utilize it should allow sufficient revenue to be able to be produced to move NutraCea into sustained profitability, and our expectations for increased top line growth and continued improvement in bottom line performance. Actual results may differ from those projected, due to a number of risks and uncertainties, including, but not limited to, the matters specified in the Company's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company's filings with the Securities and Exchange Commission, including the Company's most recent periodic report.

NUTRACEA AND SUBSIDIARIES

CONSOLIDATED CONDENSED BALANCE SHEETS

September 30, December 31,

2008 2007

ASSETS (Unaudited)

Current assets:

Cash and cash equivalents $8,702,000 $41,298,000

Restricted cash 2,363,000 758,000

Trade accounts receivable,

net of allowance for doubtful

accounts of $3,404,000 and

$2,999,000
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SOURCE NutraCea
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