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Nutrition 21 Announces Financial Results for Q3 Fiscal 2009
Date:5/12/2009

These forward-looking statements are based largely on the Company's current expectations and are subject to a number of risks and uncertainties, including without limitation: the effect of the expiration of patents; regulatory issues; uncertainty in the outcomes of clinical trials; changes in external market factors; changes in the Company's business or growth strategy or an inability to execute its strategy due to changes in its industry or the economy generally; the emergence of new or growing competitors; various other competitive factors; and other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission, including its Form 10-K/A for the year ended June 30, 2008. Actual results could differ materially from the results referred to in the forward-looking statements. In light of these risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements contained in this press release will in fact occur. Additionally, the Company makes no commitment to disclose any revisions to forward-looking statements, or any facts, events or circumstances after the date hereof that may bear upon forward-looking statements.

Financial Tables on Following Pages

                                  NUTRITION 21, INC.
                             Consolidated Balance Sheets
                                    (in thousands)
                                     (unaudited)


                                                   March 31,        June 30,
                                                     2009             2008
                                                  (unaudited)

    ASSETS

    Current assets:

    Cash and cash equivalents                       $2,694            $4,817
    Accounts receivable, net                         3,763             2,922
    Other receivables                     
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SOURCE Nutrition 21, Inc.
Copyright©2009 PR Newswire.
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