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Emisphere Technologies, Inc. Announces 2007 Third Quarter Financial Results
Date:11/6/2007

- Conference Call/Webcast to be held today at 10:00 AM EST -

TARRYTOWN, N.Y., Nov. 6 /PRNewswire-FirstCall/ -- Emisphere Technologies, Inc. (Nasdaq: EMIS) today announced its financial results for the third quarter ended September 30, 2007.

Emisphere Technologies, Inc. will host a conference call to discuss third quarter results at 10:00 AM EST today. A live Webcast of the conference call can be accessed through the company's Web site at: http://www.emisphere.com. The live conference call dial-in number is: 1-888-278-8446 (US and Canada) or 1- 913-312-0835 (International). In addition, an archive of the Webcast can be accessed through the same link; an audio replay of the call will be available following the conference call by calling 1-888-203-1112 (US and Canada) or 1- 719-457-0820 (International). The conference replay PIN is 4223593.

Third Quarter Financial Results

-- Operating expenses for the third quarter of 2007 were $9.0 million,

compared to $8.8 million in the third quarter of 2006

-- Net proceeds from the settlement of lawsuit of $11.9 million in the

three months ended September 30, 2007 is the result of the settlement

of the litigation against Eli Lilly and Company

-- Other expense third quarter 2007 was $0.5 million, compared to income

of $0.5 million in the third quarter of 2006

-- Third quarter 2007 operating income of $3.5 million, compared to an

operating loss of $8.7 million for the third quarter of 2006

-- Third quarter 2007 net income was $3.0 million, or $0.10 per basic and

$0.09 per diluted share, compared to a net loss of $8.2 million, or
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SOURCE Emisphere Technologies, Inc.
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