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

3,634Preferred stock dividends

$
-

$
-$
-

$  (1,459)Net (loss) income applicable to common stockholders

$
426

$  4,991$  (3,381)

$
2,175  BALANCE SHEETSDecember 31, 2012December 31, 2011(In thousands)Total current assets

$
25,716

$
27,686Total assets

$
32,381

$
34,335Total current liabilities

$
8,178

$
,508Total stockholders' equity

$
9,010

$
,276Except for historical information contained in this release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as "anticipates", "believes", "could", "estimates", "expects", "may", "plans", "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the effect of the dramatic changes taking place in the healthcare environment; the impact of competitive procedures and products and their pricing; medical insurance reimbursement policies; unexpected manufacturing or supplier problems; unforeseen difficulties and delays in the conduct of clinical trials and other product development programs; the actions of regulatory authorities and third-party payers in the United States and overseas; uncertainties about the acceptance of a novel therapeutic modality by the medical community; continuation of the GEHC agreement; and the risk factors reported from time to time in the Company's SEC reports.  The Company undertakes no obligation to update forward-l
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SOURCE Vasomedical, Inc.
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