DelSite Biotechnologies, Inc. Reports Second Quarter 2008 Results

Published: Aug 14, 2008

IRVING, Texas, Aug. 14, 2008 (PRIME NEWSWIRE) -- DelSite, Inc. (OTCBB:DSII) today reported total revenue from continuing operations for the quarter ended June 30, 2008 of $2.0 million compared to revenue of $1.8 million in the year-ago period, an increase of 9 percent, after accounting for a roughly 30 percent decrease in grant revenue for the Company's DelSite Biotechnologies subsidiary due to the near completion of grant-funded studies.

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