Apogee Technology, Inc. Reports 2007 Second Quarter Results

NORWOOD, MA--(MARKET WIRE)--Aug 15, 2007 -- Apogee Technology, Inc. (AMEX:ATA - News), a biotechnology company developing drug delivery and sensor systems, today reported its results for the second quarter ended June 30, 2007. Revenue for the three months ended June 30, 2007 was $65,000 compared with $341,000 for the same period in 2006. The Company's net loss for the second quarter of 2007 was $775,000 or ($0.06) per share, compared to net loss of $932,000 or ($0.08) per share for the second quarter of 2006.