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AMDL, Inc.

Diagnostics firm reports 81.6% decrease in revenue

AMDL's revenues from its DR-70 test kit increased to $20,475 compared to $11,714 for the 3 months ended March 31, 2004, an increase of 74.8%. OEM revenues decreased to $2,400 compared to $112,789 for the prior year period, a decrease of 97.9%. The decrease reflects the general trend away from low-carb diets to a more balanced diet, and thus reduced demand for the company's ketone strip product.

Total product revenues for the 3 months ended March 31, 2005, were $22,875, an 81.6%...

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