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Nyer Medical Group, Inc. Reports Revenues of $19.0 Million for the Quarter Ended December 31, 2008
Date:2/19/2009

forward-looking in nature within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These statements are generally identified by the inclusion of phrases such as "we expect", "we anticipate", "we believe", "we estimate" and other phrases of similar meaning. For example, the statements regarding restructuring and growth initiatives that will prove to be profitable and beneficial to shareholders all involve forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those contemplated in the forward-looking statements. Such factors include, but are not limited to: The continued growth in prescription volume at newly opened locations and success in consolidation of administration and elimination of overhead. Additional factors are described under "Part I. Item 1. A. - Risk Factors" in our most recent Annual Report on Form 10-K as filed with the Securities and Exchange Commission. Except as required by law, Nyer Medical Group undertakes no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

                            NYER MEDICAL GROUP, INC.
         Condensed Consolidated Statements of Operations (unaudited)

                                    For the three months   For the six months
                                      ended December 31,    ended December 31,
                                     -------------------   -------------------
    $ in millions, except share data    2008       2007       2008      2007
    Net revenues                       $19.0      $17.1      $36.6     $33.4
    Cost and expenses                   19.1       17.5       36.6      33.8
    Income (los
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SOURCE Nyer Medical Group, Inc.
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