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Cell Robotics International

Record 4Q revenues, backorders predicted for 2003

Published in Biotech Business Week, February 3rd, 2003

Cell Robotics International, Inc., (CRII) announced estimated record revenues for the fourth quarter and record backorders exceeding total 2002 revenues.

The company expects to report product sales for the fourth quarter of 2002 of approximately $600,000, which would be an increase over the fourth quarter of 2001 of approximately $146,000 or 32%. On a sequential basis, this $600,000 of fourth quarter product sales represents an increase of 26% over third quarter product sales of $477,000.

The company expects to report revenues from the sale of products for 2002 of approximately $1,576,000 as compared to 2001 of $1,461,447. All figures for the...

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