BIOQUAL Presents Financial Results For Third Quarter Of Fiscal Year 2016

ROCKVILLE, Md.--(BUSINESS WIRE)--BIOQUAL, Inc. (OTC Pink: BIOQ):

		Nine Months Ended						Three Months Ended
		February 29,			February 28,			February 29,			February 28,
		2016			2015			2016			2015
Revenue		$	23,398,669		$	21,481,088		$	8,796,046		$	7,180,295
Income Before Income Tax		$	2,538,783		$	2,305,846			1,047,790			621,157
Net Income		$	1,466,083		$	1,292,452			647,390			301,533
Basic Earnings per Share
of Common Stock		$	1.64		$	1.45			.72			.34
Diluted Earnings per Share
of Common Stock		$	1.64		$	1.45			.72			.34
Weighted Average
Number of Shares Outstanding
For Basic Earnings			893,466			893,466			893,466			893,466
Weighted Average
Number of Shares Outstanding
For Diluted Earnings			893,466			893,466			893,466			893,466

For more detail related to the fiscal year 2016 third quarter results, please visit our web site at www.bioqual.com.

Statements herein that are not descriptions of historical facts are forward-looking and subject to risk and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors including risks relating to the ability to continue to extend current government contracts and obtain new contracts; the Company’s ability to obtain new commercial contracts; the performance of the business acquired in the ABL acquisition; the Company’s ability to perform under its contracts in accordance with the requirements of the contracts; the actual cost incurred in performing its contracts and the Company’s ability to manage its costs; dependence on third parties; future capital needs; the ability to fund its capital needs through the use of its cash on hand and line of credit; and the future availability and cost of financing/capital sources to the Company.