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Biomerica Announces Second Quarter Financial Results

Biomerica, Inc. (OTCBB: BMRA) today reported net sales of $1,616,606 for the three months ended November 30, 2011, compared to $1,160,842 for the same period in the previous year, an increase of $455,764, or 39.3%. Net sales were $3,024,271 for the first six months of fiscal 2012 compared to $2,338,554 for the first six months in fiscal 2011, an increase of $685,717 or 29.3%.

Biomerica announced net income for the three months ended November 30, 2011, of $195,092 or $0.03 per share versus a net income of $137 or $0.00 per share in the previous fiscal year during the same quarter. The net income for the six months ended November 30, 2011 was $312,884 or $0.05 per share, compared to net loss of $12,049 or $0.00 per share in the same period the previous fiscal year.

About Biomerica (OTCBB: BMRA)
Biomerica, Inc. (www.biomerica.com) is a global biomedical company that develops, manufactures and markets advanced diagnostic products used at the point-of-care (in home and in physicians' offices ) and in hospital/clinical laboratories for the early detection of medical conditions and diseases. The Company's products are designed to enhance the health and well being of people, while reducing total healthcare costs. Biomerica primarily focuses on products for Diabetes, Gastrointestinal Disease and esoteric testing.

Last Trade: 0.4452 Week: 0.505 – 0.34Market Cap: 3.02 Million