Monday, June 21, 2010

BUSINESS NEWS; Immunotec Quarterly Shows Black Ink

Immunotec moves from red ink to black ink. The increase in active distributors in their network system is a sign of confidence.

June 21, 2010, 9:02 a.m. EDT
Immunotec Announces Positive Second Quarter Earnings Results

VAUDREUIL-DORION, QUEBEC, Jun 21, 2010 (MARKETWIRE via COMTEX) -- Immunotec Inc. /quotes/comstock/11v!imm (CA:IMM 0.37, 0.00, 0.00%)

-- Active Distributors Up 15% to 28,700 after six months
-- Second Quarter Net Earnings of $193 thousand, compared to a loss of
($618) thousand for 2009.

Immunotec Inc. /quotes/comstock/11v!imm (CA:IMM 0.37, 0.00, 0.00%) , a Canadian based company and a leader in the wellness industry (the "Company"), today reported positive results with second quarter 2010, Net Earnings of $193 thousand for the quarter ending April 30, 2010, compared to a loss of ($618) thousand for 2009. After six month, Net Earnings achieved $403 thousand compared to a loss of ($819) thousand last year.

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