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PLC Systems Reports Fourth Quarter 2007 Results
Date:3/5/2008

1,573 1,083 6,176 4,938

Gain on the sale of

manufacturing rights - - - 1,432

Income (loss) from

operations (923) (65) (2,807) 908

Other income, net 90 126 426 436

Income (loss) before

income taxes (833) 61 (2,381) 1,344

Provision (benefit) for

income taxes (14) 25 (14) 25

Net income (loss) $ (819) $ 36 $(2,367) $ 1,319

Basic and diluted income

(loss) per share $(0.03) $ 0.00 $ (0.08) $ 0.04

Average shares outstanding:

Basic 30,326 30,268 30,318 30,170

Diluted 30,326 30,723 30,318 30,572

CONDENSED BALANCE SHEET

December 31 December 31,

2007 2006

Cash and short-term investments $8,060 $10,034

Total current assets 10,733 12,802

Total assets 11,200 13,176

Total current liabilities 3,811 2,953

Shareholders' equity 4,950 7,129

Contact: Mary T. Conway

Conway Communications

617-244-9682

mtconway@att.net


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SOURCE PLC Systems Inc.
Copyright©2008 PR Newswire.
All rights reserved

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