Genetic Technologies Limited Achieves Operating Cash Milestone

MELBOURNE, Australia--(BUSINESS WIRE)--Genetic Technologies Limited (NASDAQ:GENE)(ASX:GTG) is pleased to announce that, for the first time in the Company’s history, GTG has generated positive net cash flows from operating activities in respect of the financial year ended June 30, 2007. The total cash receipts from operations and interest for the 2007 year exceeded $15 million, with consolidated net cash inflows from operations of approximately $2.6 million. These figures compare favourably to those for the previous financial year which delivered total cash receipts of $8.5 million and a net cash deficit from operations of almost $6.0 million.

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