Medifocus Inc (fka MDFZF)

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Medifocus, Inc. Announces Revenue and Results of Operations for Fiscal First Quarter 2014 Revenue Increases 52 % From Prior Quarter TORONTO, ON--(Marketwired - Aug 29, 2013) - Medifocus, Inc.

(OTCQX: MDFZF), (TSX VENTURE: MFS), a leader in the use of focused microwave energy to treat cancer and other tumors, is pleased to announce its financial results for its first fiscal quarter of 2014 ended June 30, 2013. These results reflect the continued successful rollout of the Company`s Prolieve(r) Thermodilatation System which is designed to provide a well-tolerated and effective alternative to drug therapy and certain types of surgical procedures used to treat the symptoms of Benign Prostatic Hyperplasia (BPH).Revenue for the quarter ended June 30, 2013 increased to CN$1,311,251 from CN$862,538 in the quarter ended March 31, 2013, representing an increase of 52%, while the net loss for the quarter ended June 30, 2013 decreased to CN$1,232,221 ($0.011 per shares) from CN$2,492,384 ($0.021 per share) for the quarter ended March 31, 2013, representing a decrease of 51%.

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