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Purple Communications(TM) Announces Second Quarter 2009 Results
Date:8/14/2009

le Communications CFO and COO jferron@purple.us 415-408-2340 Laura Kowalcyk CJP Communications lkowalcyk@cjpcom.com 212-279-3115 x209

                           Purple Communications, Inc.
                      Condensed Consolidated Balance Sheets
                                 (In thousands)

                                                        June 30, December 31,
                                                           2009         2008
                                                     (unaudited)
                                                     -----------        ----
    Assets
    Current Assets:
      Cash and cash equivalents                          $6,449      $13,246
      Accounts receivable, less allowance for
       doubtful accounts of $377 in 2009 and 2008        17,297       15,463
      Merchandise inventories                             1,720          385
      Prepaid expenses and other current assets           1,835        1,216
                                                          -----        -----
    Total current assets                                 27,301       30,310

    Property, equipment and leasehold
     improvements, net                                    9,472        7,674
    Identifiable intangible assets, net                  52,990       56,485
    Goodwill                                             70,295       70,295
    Other assets                                          1,036        1,217
                                                          -----        -----
    Total assets                                       $161,094     $165,981
                                                       ========     ========

    Liabilities and stockhol
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SOURCE Purple Communications, Inc.
Copyright©2009 PR Newswire.
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