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

e these statements for revisions or changes after the date of this release.

     PURE Bioscience Investor Contact:
     Paul G. Henning, Vice President
     Cameron Associates
     (212) 554-5462
     paul@cameronassoc.com

     PURE Press Contact:
     Suzanne Matick
     Gutenberg Communications
     (831) 479-1888
     Suzanne@gutenbergpr.com



                                 PURE Bioscience
                           CONSOLIDATED BALANCE SHEETS

                                               (Unaudited)
                                                October 31,         July 31,
                                                   2008               2008
    ASSETS
    Current Assets
       Cash and cash equivalents                $1,047,804         $2,024,400
       Short-term investments                    4,081,099          4,607,888
       Accounts receivable, net of allowance
        for doubtful accounts of $0 at July 31,
        2008 and $0 at October 31, 2008            842,793            834,721
       Inventories, net                            432,022            370,043
       Prepaid expenses                             22,183             52,560

          Total current assets                   6,425,901          7,889,612

    Total property, plant and equipment, net     1,009,987          1,034,835

    Other Assets
       Patents                                   1,993,440          2,016,391

       Total assets                             $9,429,328        $10,940,838

    LIABILITIES AND STOCKHOLDERS' EQUITY
    Current Liabilities
       Accounts payable                           $296,705           $596,132
       Accrued liabilities                         283,914            126,141
       Deferred revenue                            252,800            256,793
       Taxes payable                        
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SOURCE PURE Bioscience
Copyright©2008 PR Newswire.
All rights reserved

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