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Echo Therapeutics Announces First Quarter 2013 Financial Results
Date:5/10/2013

ting to Echo's and its partners' ability to develop, market and sell the Symphony CGM System, the availability of substantial additional equity or debt capital to support its research, development and product commercialization activities, and the success of its research, development, regulatory approval, marketing and distribution plans and strategies, including those plans and strategies related to its Symphony CGM System. These and other risks and uncertainties are identified and described in more detail in Echo's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2012, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. Echo undertakes no obligation to publicly update or revise any forward-looking statements.

For More Information:
Christine H. Olimpio
Director, Investor Relations and Corporate Communications
(215) 717-4104Connect With Us:
- Visit our website at www.echotx.com
- Follow us on Twitter at www.twitter.com/echotx
- Join us on Facebook at www.facebook.com/echotxEcho Therapeutics, Inc 

Condensed Consolidated Balance Sheets   March 31,2013December 31,2012ASSETSCurrent Assets:Cash and cash equivalents

$
5,170,251$
3,747,210Cash restricted pursuant to letters of credit

657,463407,463Deferred financing costs, current portion

968,004968,004Prepaid expenses and other current assets

231,17175,626Total current assets

7,026,8895,198,303Net property and equipment (including assets under capitalized leases)

1,678,4641,638,395Intangible assets, net of accumulated amortization

9,625,0009,625,000Deferred financing costs, net of current portion

3,307,3273,549,328Restricted cash, deposits and other assets'/>"/>

SOURCE Echo Therapeutics, Inc.
Copyright©2012 PR Newswire.
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