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The Quigley Corporation Reports Fourth Quarter & 2007 Annual Results; Increases Investment to $6.5 million in Pharmaceutical R&D in 2007
Date:3/3/2008

average common

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outstanding: 13,396,497 13,162,534 12,728,706 12,245,073

Consolidated Balance Sheets (Unaudited)

The following represents condensed financial data (in thousands) at December 31, 2007 and 2006:

2007 2006

($) ($)

Cash & cash equivalents 16,085 17,757

Accounts receivable, net 6,673 6,557

Inventory 4,812 4,262

Total current assets 28,835 29,793

Total assets 33,314 34,845

Total current liabilities 10,016 9,252

Long-term debt - -

Total stockholders' equity 23,244 25,529

CONTACT:

George J. Longo Carl Hymans

Vice President, CFO G.S. Schwartz & Co.

(215) 345-0919 (212) 725-4500

carlh@schwartz.com


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SOURCE The Quigley Corporation
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