American Bio Medica Corporation Announces Third Quarter 2007 Results

KINDERHOOK, N.Y.--(BUSINESS WIRE)--American Bio Medica Corporation (NASDAQ:ABMC) today announced unaudited financial results for the three and nine month periods ending September 30, 2007. Net sales for the third quarter of 2007 were $3,912,000 compared to $3,564,000 in the same quarter in 2006, representing an increase of $348,000, or 9.8%. For the nine months ended September 30, 2007, net sales were $10,523,000, a decrease of $134,000, or 1.3%, compared to $10,657,000 for the nine months ended September 30, 2006. The Company attributes the increase in sales in the third quarter of 2007 to increases in national account sales and contract manufacturing sales that were offset somewhat by declines in other sales divisions.

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