Laflin continued, "Our expenditures on the depleted uranium de-conversion and fluorine extraction facility, coupled with the costs of the FEP pilot plant, account for significantly more than our loss this fiscal year. Had we not continued to invest in the uranium de-conversion facility and our fluorine extraction pilot facility in Idaho Falls, this would have been a profitable quarter and six months. I truly believe, the investment we are making in the uranium de-conversion and fluorine extraction facility, are important to our future success and our ability to ultimately provide a return to our shareholders. We remain focused upon that goal and will continue to manage cash and seek investments as necessary to carry this extremely important project forward."

    International Isotopes Inc.

                                Three Months Ended          Six Months ended
                                     June 30                     June 30
                                2009         2008           2009         2008
    Sales                 $1,485,599   $1,876,042     $3,185,269   $3,183,980
    Gross Profit            $800,858     $950,671     $1,669,792   $1,649,073
    Total Operating
     Expense              $1,557,774   $1,177,670     $2,987,908   $2,323,177
    Operating (Loss)       ($756,916)   ($226,999)   ($1,328,116)   ($674,104)
    Other (Expense)          ($1,718)    ($19,711)      ($18,445)    ($38,550)
    Net (Loss)             ($758,634)   ($246,710)   ($1,346,561)   ($712,654)
    Net (Loss) Per
     Common Share             ($0.00)      ($0.00)        ($0.00)      ($0.00)

    Weighted Ave.
     Shares Outstanding  288,870,769  277,122,436    288,836,531  270,055,656

About Internation
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