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XTENT Announces Fourth Quarter 2008 Financial Results and Business Progress
Date:2/19/2009

the results predicted and which are included in the "Risk Factors" section of XTENT's most recent quarterly report on Form 10-Q for the quarter ended September 30, 2008. This quarterly report was filed with the SEC on November 12, 2008, and is available on the company's investor relations website at http://www.xtentinc.com and on the SEC's website at http://www.sec.gov. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. XTENT undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.



                                 XTENT, INC.
                        (a development stage company)
                      Condensed Statements of Operations
             (unaudited; in thousands, except per share amounts)

                                        Three Months Ended      Year Ended
                                           December 31,        December 31,
                                          2008      2007      2008      2007
    Operating expenses:
      Research and development (1)       $5,252    $9,194   $31,170   $30,888
      General and administrative (1)      1,965     3,375    10,917    11,269
        Total operating expenses          7,217    12,569    42,087    42,157

    Loss from operations                 (7,217)  (12,569)  (42,087)  (42,157)

    Interest and other income, net          104       705       966     3,363

    Net loss                            $(7,113) $(11,864) $(41,121) $(38,794)

    Net loss per share - basic and
     diluted                             $(0.31)   $(0.52)   $(1.78)   $(1.87)

    Weighted-average common shares
     outstanding used in per share
     calcul
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SOURCE XTENT, Inc.
Copyright©2009 PR Newswire.
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