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To: ~digs who wrote (4734)	8/8/2008 12:35:07 AM
From: ~digs	Respond to of 7944

BITI 7.5 Wednesday July 30, 7:00 am ET Bio-Imaging Technologies Announces Second Quarter 2008 Financial Results Financial highlights for the second quarter and first half of 2008 include: * Service revenues increased 61.0% to $15.2 million for the second quarter fiscal 2008 as compared to $9.5 million for the same period in fiscal 2007. Six months 2008 service revenues increased 44.4% to $26.4 million, as compared to $18.3 million for the same period in 2007. Second quarter service revenue includes $4.3 million attributable to PDS. * Operating income increased 138.3% to $1.6 million for the second quarter fiscal 2008 as compared to operating income of $674,000 for the second quarter fiscal 2007. For the first half of 2008, operating income increased 134.8% to $2.8 million as compared to $1.2 million for the first half of 2007. * Net income increased 114.8% to $1.1 million, or $0.07 per fully diluted share, for second quarter fiscal 2008 as compared to $494,000, or $0.04 per fully diluted share, in the second quarter fiscal 2007. For the first half of 2008, net income increased 111.9% to $1.9 million, or $0.13 per fully diluted share, as compared to $889,000, or $0.07 per fully diluted share, in the first half of 2007. * Backlog increased 44.6% to $115.8 million, as of June 30, 2008, as compared to $80.1 million as of June 30, 2007. Backlog as of June 30, 2008 includes $17.2 million attributable to PDS. biz.yahoo.com