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Microfluidics International Corporation Announces Second Quarter 2008 Results

Aug 12, 2008
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August 12, 2008 08:00 AM US Eastern Timezone Company Achieves 23% Revenue Growth and Continues to Invest in Its Future NEWTON, Mass.-- --Microfluidics International Corporation, (OTCBB: MFIC), an industry-leader in high-shear liquid processing equipment to produce the most uniform and smallest liquid and solid particles available for the biotech, pharmaceutical, chemical, personal care and food industries, today reported financial results for the second quarter of 2008. Second Quarter Highlights Recorded highest second quarter revenue in the Company’s history of $4.4 million Addressed working capital needs with signing of $2.5 million multi-year revolving credit line Completed executive leadership team with the appointment of a new Executive Vice President and Chief Financial Officer, Chief Technology Officer, and Vice... [read full story]                    

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