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Corgenix Reports Second Quarter Fiscal 2010 Financial Results
Date:2/11/2010

/i> that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, changes in the regulatory environment, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. The statements in this press release are made as of today, based upon information currently known to management, and the Company does not undertake any obligation to publicly update or revise any forward-looking statements.

    
    
    
                           SUMMARY OF FINANCIAL HIGHLIGHTS
      ($000 of U.S. dollars except shares outstanding and per share amounts)
    
                    CORGENIX MEDICAL CORPORATION AND SUBSIDIARIES
                                   OPERATIONAL DATA
    
                       Three Months Ended              Six Months Ended
                       ------------------              ----------------
                  December 31,     December 31,   December 31,    December 31,
                       2009            2008           2009            2008
                   (unaudited)     (unaudited)    (unaudited)     (unaudited)
                   -----------     -----------    -----------     -----------
    Net sales          $1,959          $1,995         $4,004          $3,997
    Gross
     profit             1,075           1,154          2,191           2,261
    Total
     operating
     expenses           1,063           1,210          2,094           2,411
    Operating
     income
     (loss)                12             (56)            96            (150)
    Net loss              (84)           (268)           (91)           (609)
    Basic and
     diluted
     loss per
     share             $(0.00)         $(0.01)        $(0.00)         $(0.02)
    Diluted
     shares
     outstanding   31,033,209      30,280,155     30,669,532      30,186,124
    
     
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SOURCE Corgenix Medical Corporation
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