Nuvo Announces 2009 second quarter financi...(ny intention or obligation to update or ...),Health

Date:8/7/2009

ny intention or obligation to update or revise any forward-looking statements whether a result of new information or future events, except as required by law. For additional information on risks and uncertainties relating to these forward-looking statements, investors should consult the Company's ongoing quarterly filings, annual report and Annual Information Form and other filings found on SEDAR at www.sedar.com.

Summary financial statements attached:

                             NUVO RESEARCH INC.
                         CONSOLIDATED BALANCE SHEETS

                                                         As at         As at
                                                       June 30,  December 31,
                                                          2009          2008
                                                     Unaudited       Audited
    (thousands of Canadian dollars)                          $             $
    -------------------------------------------------------------------------
    ASSETS
    CURRENT
    Cash and cash equivalents                           26,260        15,219
    Accounts receivable                                  2,277         2,294
    Other receivable                                       367             -
    Inventories                                          1,724         1,393
    Prepaid expenses and other                             432           446
    -------------------------------------------------------------------------
    TOTAL CURRENT ASSETS                                31,060        19,352

    Restricted cash                                         89            93
    Property, plant and equipment                        1,896         1,990
    -------------------------------------------------------------------------
    TOTAL ASSETS                                        33,045 
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SOURCE  Nuvo Research Inc.
Copyright©2009 PR Newswire.
All rights reserved

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