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Dehaier Medical Announces Fourth Quarter and Full-Year 2010 Financial Results
Date:3/7/2011

s concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.Contact UsIn the US:The Piacente Group, Inc. Investor Relations Brandi Floberg or Lee Roth(212) 481-2050dehaier@tpg-ir.comIn China:The Piacente Group, Inc. Investor RelationsWendy Sun+86 10-6590-7991dehaier@tpg-ir.comDehaier Medical Systems LimitedRita LiuCFO+86 10-8844-5026liuz@dehaier.com.cnAnan LiuInvestor Relations Manager+86 10-5166-0080 ext 169liuanan@dehaier.com.cnDEHAIERMEDICAL SYSTEMS LIMITED AND AFFILIATECONSOLIDATED BALANCE SHEETSDecember 31, 20102009US$US$ASSETSCURRENT ASSETS:Cash and cash equivalents

5,923,3861,151,721Accounts receivable
-less allowance for doubtful accounts of $ 87,555 and $102,939

9,112,0776,891,291Other receivables

3,164,4231,499,111Prepayment and other current assets

5,300,8251,691,387Inventories, net

6,374,3632,326,126Total Current Assets 29,875,07413,559,636Property and equipment,
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SOURCE Dehaier Medical Systems Ltd.
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