Isomet Announces First Quarter 2007 Results

SPRINGFIELD, Va., May 9  /PRNewswire-FirstCall/ -- Isomet Corporation (Pink Sheets: IOMT) announced today for the first quarter ended March 31, 2007 consolidated net revenue of $767,000, compared with $2,471,000 for the first quarter in 2006. The first quarter 2006 revenue total includes $1,500,000 from proceeds of key-man life insurance coverage.  Without this amount, revenue from operations was $971,000.

A net Loss of $(218,000), or $(.10) was incurred in the first quarter of 2007.  Including the $1,500,000 referred to above, net income in the first quarter of 2006 was $1,422,000, or $.70 per share. Without the $1,500,000 non- recurring income amount, a net loss of $(78,000), or $(.04) per share was incurred in the first quarter of 2006.

Receipt of new orders for the quarters ended March 31, 2007 and 2006 was $777,000 and $841,000, respectively. Unfilled orders totaled $821,000 and $683,000, respectively, as of March 31, 2007 and 2006.

  Isomet Corporation (IOMT)

  Quarter March 31                         2007         2006

  Revenue                               $ 767,000    $2,471,000(1)

  Net Income (Loss)                     $(218,000)   $1,422,000

  Net Income (Loss) Per Share           $    (.10)   $      .70(1)

  (1) Includes proceeds of key- man life insurance coverage totaling
      $1,500,000 ($.74 per share). This is non-recurring.


DATASOURCE: Isomet Corporation



CONTACT:  Jerry W. Rayburn of Isomet Corporation, [phone]



Web site:  http://www.isomet.com/

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