Procyon Corporation (OTCBB: PCYN) Reports Fifteenth Consecutive Profitable Quarter

CLEARWATER, FL -- (MARKET WIRE) -- February 23, 2007 -- Procyon Corporation (OTCBB: PCYN), a Florida-based company, whose subsidiaries include Amerx Health Care Corporation -- www.Amerigel.com -- and Sirius Medical Supply -- www.siriusmedical.com -- released its 10-QSB for Quarterly Period Ended December 31, 2006. The report reflects the 15th consecutive quarter that Procyon Corporation has posted a profit for its operations. Net sales for the first half of the fiscal year increased to approximately $1,152,859, an increase of approximately 7% over the same period one year ago. Sales increase was a result of expanding the Amerx distributor base and to increased volumes produced by existing distributors. Gross profit for the same six months was approximately $880,087, reflecting a 7% increase over the same period of the prior fiscal year. Gross profit was approximately 76% of net sales for this period. Full report can be found in the latest 10-QSB filing of 02/15/07.