PLEASANTON, CA -- (MARKET WIRE) -- March 13, 2007 -- Lipid Sciences, Inc. (NASDAQ: LIPD) today reported financial results for the fourth quarter and year-ended December 31, 2006. For the fourth quarter of 2006, the Company reported a net loss of $2.7 million, or $0.08 per share on a basic and diluted basis. This compares with a net loss of $2.6 million, or $0.10 per share, on a basic and diluted basis, for the same period in 2005.