Clearant, Inc. Announces Record First Quarter 2007 Results

LOS ANGELES--(BUSINESS WIRE)--Clearant, Inc. (OTCBB:CLRI) announced record total revenue for the first quarter 2007. This is the third consecutive quarter over quarter revenue growth and direct distribution revenue growth. For the first quarter 2007, the Company reported record revenue of $435,000, an increase of 128.9% over the first quarter 2006 revenue of $190,000. First quarter 2007 total direct distribution revenue grew to a record $179,000 compared to $147,000 in the fourth quarter 2006. Excluding one-time and generally non-recurring contract research and milestone revenue, total first quarter 2007 revenue was $269,000 compared to first quarter 2006 revenue excluding one-time and generally non-recurring contract research and milestone revenue of $109,000.

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