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ULURU Inc. Reports Financial Results for Fourth Quarter and Year Ended December 31, 2010
Date:4/1/2011

e impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.   These statements are subject to numerous risks and uncertainties, including but not limited to the risk factors detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 and other reports filed by us with the Securities and Exchange Commission.

Contact: Company
Kerry P. Gray
President & CEO
Terry K. Wallberg
Vice President & CFO
(214) 905-5145ULURU Inc.SUMMARY OF RESULTSSTATEMENTS OF OPERATIONS DATA(Unaudited)(Audited)Three Months Ended December 31, Years Ended December 31,2010200920102009REVENUESLicense fees

$   949,271$   120,735$  1,099,554$  193,290Royalty income

25,99150,908158,464255,738Product sales

53,61461,249299,339180,731Other

---------38,190Total Revenues

1,028,876232,8921,557,357667,949COSTS AND EXPENSESCost of goods sold

10,21112,290153,47035,073Research and development

309,100244,0831,258,0602,250,153Selling, general and administrative

714,758624,2423,119,8815,665,559Amortization of intangible assets

206,454272,102905,7061,065,390Depreciation

77,02046,424256,073186,690Total Costs and Expenses

1,317,5431,199,1415,693,1909,202,865OPERATING (LOSS)( 288,667)( 966,249)(4,135,833)(8,534,916)Other Income (Expense)Interest and miscellaneous income

4,3752749,93042,571Interest expense

(13,713)(12,692)(50,851)(14,619)Impairment of intangible assets

---(716,633)---(716,633)Loss on sale of intangible assets

------(857,839)---Loss on sale of equipment

---------(2,121)(LOSS) BEFORE INCOME TAXES( 298,005)( 1,695,300)(5,034,593)(9,225,718)Income taxes

------------NET (LOSS)$(298,005)$(1,695,300)$ (5,034,593)$ (9,225,
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SOURCE ULURU Inc.
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