AFP Imaging Corporation Reports Fourth Quarter and Twelve Month Results for Fiscal Year Ending June 30, 2007

ELMSFORD, N.Y.--(BUSINESS WIRE)--AFP Imaging Corporation (OTCBB:AFPC) today reported sales and earnings for the fourth quarter and twelve months ended June 30, 2007. The Company also announced that it has received 510K clearance from the U.S. Food and Drug Administration (FDA) to market the Company’s advanced NewTom™ VG (Vertical Generation) Cone Beam Tomographic Scanner. This proprietary, dental x-ray imaging system provides the clinician with detailed three-dimensional, radiographic information of the patient’s teeth and jaws by utilizing the Company’s proprietary software. The resulting 3-D views of the oral anatomy provides superior detail for diagnosis and treatment planning. It features optimal patient positioning through flexible seating options. Patients can now stand up, sit, or remain in a wheel chair while being scanned. The unit’s smaller footprint makes it ideal for in-office examination procedures when operatory space is limited. The primary applications are for dental implants, orthodonture and oral surgery plus Ear Nose and Throat procedures. The system was first presented at the ADA symposium in September 2007, and world-wide sales have begun.

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