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Vasomedical Announces Financial Results for the Fourth Quarter and Year Ended 2012
Date:4/1/2013

span>China operations for a full year, as well as higher corporate expenses, mainly accounting, legal and director's fees.

For the year ended December 31, 2012, the Company had a net loss attributable to common stockholders of $3.4 million, or $0.02 per common share, compared to a net income of $2.2 million, or $0.02 per common share, for the year ended December 31, 2011. 

The Company continues to record a substantial amount of deferred revenues, which will be recognized once the underlying equipment or service is accepted by the customer or performed by the Company.  As of December 31, 2012, total deferred revenues were approximately $15.6 million, and the Company recorded cash and cash equivalents of approximately $11.5 million.

Conference Call Information
The Company will host a conference call today, Monday, April 1st at 1:00 p.m. ET. To dial into the conference call, please dial 1-866-393-1344 from the U.S. or 1-631-291-4669 internationally. All dial-in participants must use the following code to access the call: 26000098. Please call at least five minutes before the scheduled start time. The conference call will also be available via webcast and can be accessed through the Investor Relations section of Vasomedical's website, www.vasomedical.com, and www.kcsa.com. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the live broadcast.

A replay of the conference call will be available approximately two hours after completion of the live conference call at www.vasomedical.com or www.kcsa.com. A dial-in replay
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SOURCE Vasomedical, Inc.
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