Microfluidics Intl (fka MFLU)

[cfoofme]

MFLU has profitable 3rd quarter:

Third quarter accomplishments: -- Earned net income for the third quarter of $425,000 -- Achieved $650,000 in earnings before interest, taxes, depreciation and amortization (EBITDA) -- Delivered strong bookings in the third quarter of $4.8 million and a backlog of $4.75 million as of September 30, 2009

-- Generated $4.5 million in revenue for the third quarter, a 27% increase over the same period in 2008


"I am pleased to report that the strategic plan we implemented a year ago has led us to our first profitable quarter since my joining the Company," said Michael C. Ferrara, Chief Executive Officer of Microfluidics. "We will continue to innovate with new products, increase international representative and distributor coverage, streamline costs and improve quality in support of our customers as we strive to carry this positive momentum through the second half of the year and into 2010."



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