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PURE Bioscience Reports First Quarter Results
Date:12/11/2008

SAN DIEGO, Dec. 11 /PRNewswire-FirstCall/ -- PURE Bioscience (Nasdaq: PURE), creators of the patented silver dihydrogen citrate (SDC) antimicrobial, today reported revenues for the fiscal quarter ended October 31, 2008 of $110,600 compared with revenues of $95,300 in the same quarter last year. The Company reported a loss from operations before taxes of $(1,605,300), or $(0.05) per share, for the current quarter compared with a loss of $(1,008,700), or $(0.04) per share, in the first fiscal quarter last year.

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Michael L. Krall, President and CEO of PURE Bioscience, stated, "It was expected that revenues, while reflecting an increase over the year ago quarter would be down sequentially. As we stated in our recent conference call, the product needs of our distributors during the early phases of their sales and marketing launches will vary significantly. In addition, newer distributors must complete regulatory approval before commercialization, and those timelines are unpredictable. Accordingly, our quarterly revenue will not always exhibit linear growth. However, with the maturing of these and additional product roll outs during the coming quarters, and the expansion of a more robust partner and distribution pipeline, we are confident in solid year-over year-growth.

"A number of new partners and distributors have a geographic presence, market expertise and established sales channels, which will help shorten their time to market. This pipeline has its foundation in the successful execution of the three core elements of our business plan: expanding our distribution network for hard surface disinfectant; developing industry leading alliances, such as with Rockline In
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SOURCE PURE Bioscience
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