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To: GARY P GROBBEL who wrote (2)	8/6/2002 10:34:22 AM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 337

LDNA...OTC BB 1.20/1.30...this is a record for Lark..kudos to mgmt...3.4m outstanding...52wh 2.05: Lark Technologies Inc. Reports Record Profitability of $0.11 Pe Lark Technologies Inc. Reports Record Profitability of $0.11 Per Share for Second Quarter of 2002 Business Editors/Health & Medical Writers HOUSTON--(BUSINESS WIRE)--July 26, 2002--Lark Technologies Inc. (OTCBB:LDNA) today reported its highest quarterly net income in the Company's history. Net income from operations in the second quarter, 2002 was $397,494, or basic income per share of $0.11, a 216% improvement over the $125,701, or $0.04 per share earned in the second quarter of 2001. For the first six months of 2002 net income was $493,720, or $0.14 basic income per share, versus a loss during the same period in 2001 of $192,813, or ($0.05) per share. Revenues increased 3% to $1,911,066 in the second quarter of 2002 over revenues of $1,859,917 in the second quarter of 2001. For the six months ending June 30, 2002, revenues increased 10% to $3,392,065 over revenues of $3,079,792 in the same period of 2001. Commenting on the quarter, Lark Technologies Inc. Chief Executive Officer Carl W. Balezentis, Ph.D. said, "We are obviously very pleased with the results through the first half of the year. The cost-cutting and productivity-enhancing measures we have been introducing into the company's laboratory operations over the past one and one-half years are finally having a significant impact on our bottom line. The result of these efforts is clearly evident in the 52% gross profit margin reported in the latest quarter versus the year 2001's gross profit margin of 34%. Looking forward, we will continue to focus on improving our processes, reducing our costs, refining our strategies, reinvesting in state-of-the-art instrumentation and automation, and capitalizing on growth opportunities." Also commenting on Lark's latest financial results, Co-Board Chairmen George M. Britton and David A. Lawson said, "We are very proud of Carl and all of our employees who have revamped and turned the company's operations around. For the first time in Lark's twelve-year history, we believe the company is profitably exploiting the numerous opportunities available to it in the market place. As large shareholders in the company, we are keenly interested in enhancing shareholder value which we believe is clearly illustrated by recent financial results. Illustrative of the company's financial health over the trailing twelve months ended June 30, 2002 are: (1) basic earnings per share of $0.20, (2) a return on stockholder equity of 60%, and (3) a greatly improved liquid balance sheet with very little debt. Moving forward, we believe Lark's next great challenge will be to significantly grow its revenue base through expanded sales efforts and by the successful introduction of new laboratory services." Lark Technologies Inc., based in Houston, Texas, offers genomic services for use in pharmaceutical, diagnostic and agricultural product research and development. These services include genomic data management, microarray support, quantitative PCR, genotyping, genetically-modified organism testing, and a battery of other molecular biology services which support researchers in the pharmaceutical, biotechnology and academic sectors in their attempt to understand the mechanisms of disease and to discover and develop new drugs. Lark's stock is quoted on the OTC Bulletin Board under the