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Cepheid Reports 2009 Third Quarter Results
Date:10/28/2009

======== ======== ======== ======== Basic and diluted net loss per share $(0.07) $(0.12) $(0.31) $(0.29) ======== ======== ======== ======== Shares used in computing basic and diluted net loss per share 58,335 57,538 58,075 56,917 ======== ======== ======== ======== (1) See discussion in press release. 

                                  CEPHEID

                 CONDENSED CONSOLIDATED UNAUDITED BALANCE SHEETS
                               (in thousands)

                                                September 30,   December 31,
                                                    2009           2008
                                                -------------  ------------

                                                               As Restated (1)

                                 ASSETS
    Current assets:
     Cash and cash equivalents                     $33,341        $23,478
     Restricted cash                                     -          1,500
     Short-term investments                         25,030              -
     Accounts receivable, net                       21,065         18,952
     Inventory                                      33,425         33,498
     Prepaid expenses and other current assets       2,907          4,636
                                                 ---------      ---------
    Total current assets                           115,768         82,064
    Property and equipment, net                     25,179         24,109
    Investments                                          -         24,539
    Other non-current assets                           525            920
    Intangible assets                               32,523         33,791
    Goodwill                                        18,626         18,556
                          
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Related medicine technology :

1. Cepheid Receives Grant to Develop Ten-Color Real-Time PCR Detection Technology for Use in the GeneXpert(R) System
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