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Misonix Reports First Quarter Fiscal 2011 Financial Results
Date:11/12/2010

in circumstances.  Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include general economic conditions, delays and risks associated with the performance of contracts, risks associated with international sales and currency fluctuations, uncertainties as a result of research and development, acceptable results from clinical studies, including publication of results and patient/procedure data with varying levels of statistical relevancy, risks involved in introducing and marketing new products, potential acquisitions, consumer and industry acceptance, litigation and/or court proceedings, including the timing and monetary requirements of such activities, the timing of finding strategic partners and implementing such relationships,  regulatory risks including approval of pending and/or contemplated 510(k) filings, the ability to achieve and maintain profitability in the Company's business lines, and other factors discussed in the Company's Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.  The Company disclaims any obligation to update its forward-looking relationships.MISONIX, INC. And Subsidiaries Consolidated Balance SheetsSeptember 30, 2010June 30, 2010AssetsCurrent Assets:  Cash and cash equivalents

$9,413,437$9,900,605  Accounts receivable, less allowancefor doubtful accounts of $109,178 and$123,346, respectively

1,920,6892,335,653  Inventories, net

2,919,2432,699,717  Prepaid expenses and other current assets

362,283515,427  Note receivable

920,1451,075,105Total current assets

15,535,79716,526,507Property, plant and equipment, net

526,084500,215Goodwill

1,701,0941,701,094Other assets

1,464,8041,730,339Total assets

$19,227,779$20,458,155Liabilities and stockholders' equ
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SOURCE Misonix, Inc.
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