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PreMD Reports Second Quarter Results
Date:8/13/2008

d

As at As at

June 30, December 31,

2008 2007

$ $

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ASSETS

Current

Cash and cash equivalents 26,469 282,200

Short-term investments 416,616 907,768

Accounts receivable 79,215 8,292

Inventory 24,888 61,177

Prepaid expenses and other receivables 947,268 758,715

Investment tax credits receivable 185,000 340,000

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Total current assets 1,679,456 2,358,152

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Capital assets, net of accumulated

amortization of $281,242 (2007 - $267,458) 89,244 93,867

Intangible assets, net of accumulated

amortization of $676,075 (2007 - $991,473) 275,204 305,783

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2,043,904 2,757,802

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LIABILITIES AND SHAREHOLDERS' DEFICIENCY

Current

Accounts payable 239,025 305,333

Accrued liabilities 495,599 765,312

Current portion of deferred revenue 106,680 106,680

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SOURCE PreMD Inc.
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