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PreMD Reports Fiscal 2007 Results
Date:3/28/2008

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Deferred financing fees, net of accumulated

amortization of $174,863 in 2006 - 347,589

Capital assets, net 93,867 312,410

Intangible assets, net of accumulated

amortization of $991,473 (2006 - $915,027) 305,783 382,229

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2,757,802 5,279,500

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LIABILITIES AND SHAREHOLDERS' DEFICIENCY

Current

Accounts payable 305,333 963,990

Accrued liabilities 765,312 932,372

Current portion of deferred revenue 106,680 -

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Total current liabilities 1,177,325 1,896,362

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Convertible debentures 5,626,987 6,350,680

Deferred revenue 373,380 -

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Total liabilities 7,177,692 8,247,042

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Commitments

Shareholders' deficiency

Capital stock 29,120,655 25,263,480

Contributed surplus 3,098,928 2,521,915

Equity component of convertible debentures 2,239,385 2,239,385

Warrants 1,557,296 1,170,020

Deficit
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SOURCE PreMD Inc.
Copyright©2008 PR Newswire.
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