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MGC Diagnostics Corporation Reports 2013 Third Quarter Operating Results
Date:8/29/2013

are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC, that could cause actual performance, activities or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements. For a list of these factors¸ see the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward Looking Statements," in the Company's Form 10-K for the year ended October 31, 2012, and any updates in subsequent filings on Form 10-Q or Form 8-K under the Securities Exchange Act of 1934.Contact:

Wesley W. Winnekins 

Joe Dorame, Robert Blum, Joe DiazMGC Diagnostics Corporation 

Lytham Partners, LLCChief Financial Officer 

(602) 889-9700(651) 484-4874 

mgcd@lythampartners.com(Financial Tables to Follow)

 MGC DIAGNOSTICS CORPORATION AND SUBSIDIARYConsolidated Balance SheetsJuly 31, 2013 and October 31, 2012(In thousands, except share and per share data)July 31,October 31,20132012Assets(Unaudited)Current Assets:Cash and cash equivalents

$

8,831$

9,665Accounts receivable, net of allowance for doubtful accounts of $102 and $98, respectively6,7235,710Inventories, net of obsolescence reserve of $310 and $373, respectively3,8963,850Prepaid expenses and other current assets626568Total current assets20,07619,793Property and equipment, net of accumulated depreciation of $4,047 and $3,876, respectively 832578Intangible assets, net2,0711,492Other non-current assets—85Total Assets$

22,979$

21,948Liabilities and Shareholders' EquityCurrent Liabilities:Accounts payable

$

1,510$

2,094Employee compensation1,5171,749Deferred income2,6961,927Warranty reserve14691Other current liabilities and accrued expenses575442Total current liabilities6,4446,303Long-term liabilities:Lon
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SOURCE MGC Diagnostics Corporation
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