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International Isotopes Inc. Announces 2010 Year End Financial Results
Date:4/4/2011

sition. Given these very challenging financial and economic times I think we not only held our own in the industry we also took steps that should further solidify our leadership in the nuclear sector as we continue to demonstrate our commitment to building the only planned 'green' environmentally friendly option for commercial depleted uranium in the United States.  This opportunity should allow us to build a strategic platform for future growth.

"Additionally, I want to emphasize again, the on-going problems at Japan's nuclear power plants, as a result of a devastating earthquake and tsunami, have not changed the Company's plans to build the first commercial, depleted uranium de-conversion facility in the United States.  Investors should not confuse the events in Japan as a sign that our Company has, in any way, changed our plans or expectations for the commercial achievement of our depleted uranium processing facility.  We firmly believe that recent events do not affect the need for our proprietary solution to safely address depleted uranium and to produce useful products from that material.  Although the Company requires significant additional capital to complete construction of the planned depleted uranium de-conversion facility, it has sufficient cash on hand to continue near term planning and will continue to drive the project forward. We believe the initiatives we implemented during 2010 have bolstered our future prospects and we are very excited and optimistic about our future."

International Isotopes Inc.Year Ended Dec. 312010

2009

Change $'s

Change %Sales of Products

$6,107,281

$ 6,122,844

$15,563

(1%)Gross Profit

$2,487,522

$2,049,083

$438,439

21%Total Operating Expense

$8,821,498

$6,626,059

$2,195,439

33%Operating Loss Before Other Expense

($6,333,976)

($4,576,976)

$1,757,000

38%Other Ex
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SOURCE International Isotopes Inc.
Copyright©2010 PR Newswire.
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