Aeolus Pharmaceuticals Inc. Announces Fiscal Year 2007 Financial Results

LAGUNA NIGUEL, Calif.--(BUSINESS WIRE)--Aeolus Pharmaceuticals, Inc. (OTCBB:AOLS) announced today financial results for the three months and twelve months ended September 30, 2007. The Company reported a net loss of $1,022,000, or $0.03 per share, compared to a loss of $214,000, or $0.01 per share, for the three months ended September 30, 2006. Results for the three months ended September 30, 2006 included a $1,211,000 gain from the decrease in the fair value of common stock warrants. The Company reported a net loss attributable to common shareholders of $3,024,000, or $0.10 per share, for the fiscal year ended September 30, 2007, compared to a loss of $5,809,000, or $0.31 per share, for the fiscal year ended September 30, 2006, an improvement of 48%.

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