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Luminex Corporation Reports Third Quarter 2010 Results
Date:11/4/2010

ein represent the judgment of Luminex as of the date of this press release, and Luminex expressly disclaims any intent, obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in Luminex' expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

(Logo:  http://photos.prnewswire.com/prnh/20100104/LUMINEXLOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20100104/LUMINEXLOGO)Contacts:

Harriss T. Currie

Matthew ScaloVice President, Finance and Chief Financial Officer

Sr. Director of Investor Relations512-219-8020

512-219-8020hcurrie@luminexcorp.com

mscalo@luminexcorp.com LUMINEX CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)September 30,December 31,20102009(unaudited)ASSETSCurrent assets:Cash and cash equivalents

$
79,229$
90,843Restricted cash

1,001-Short-term investments

27,9398,511Accounts receivable, net

19,01322,108Inventories, net

24,13617,524Deferred income taxes

2,7751,040Prepaids and other

2,6262,130Total current assets

156,719142,156Property and equipment, net

21,22817,255Intangible assets, net

13,42712,938Deferred income taxes

10,61014,732Long-term investments

11,12020,228Goodwill

42,06239,617Other

3,8721,087Total assets

$
259,038$
248,013LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$
,878$
8,430Accrued liabilities

6,3367,493Deferred revenue

4,3462,967Current portion of long term debt

593868Other

33-Total current liabilities

18,18619,758Long-term debt

3,4043,591Deferred revenue

4,4734,6
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SOURCE Luminex Corporation
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