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NTB Reports Revenue Increase of 31% ...

 
May 19, 2009 - . ("Neptune") (NASDAQ.NEPT - TSX.V.NTB) today reports its consolidated financial results for the fiscal year ended February 28, 2009. Neptune reports record revenues, EBITDA(1) and first-time profitability for the three-month period ended February 28, 2009. Neptune and Acasti Pharma amended their stock option plan.

Financial Results: Three-Month Period ended February 28, 2009 Sales Growth: Revenues for the three-month period ended February 28, 2009 totalled a record $3,772,000, a 31% increase compared to $2,875,000 for the three- month period ended February 29, 2008.

About Neptune Technologies & Bioressources Inc.

Neptune is an industry-recognized leader in the innovation, production and formulation of science-based and clinically-proven novel phospholipid products for the nutraceutical and pharmaceutical markets. The Company focuses on growing consumer health markets including cardiovascular, inflammatory and neurological disease driven by consumers taking a more proactive approach to managing health and preventing disease. The Company carries out clinical trials to show the therapeutic benefits in various medical indications and to obtain regulatory approved health claims. Neptune is continuously expanding on its portfolio of intellectual property, clinical studies, regulatory approvals and health claims. Neptune has its products marketed and distributed in over 20 countries worldwide.

Contact:

Web Site:
http://www.neptunebiotech.com.

Source.




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