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Recession Continues to Depress Sales at Allied Healthcare Products

===== Weighted average common shares Outstanding - Basic 7,988,321 7,891,232 Weighted average common shares Outstanding - Diluted 7,988,321 8,132,931
                          ALLIED HEALTHCARE PRODUCTS, INC.
                             CONSOLIDATED BALANCE SHEET

                                                    September 30,    June 30,
                                                        2009           2009
                                                    -------------    ---------
     Current assets:
        Cash and cash equivalents                    $2,298,957    $1,943,364
        Accounts receivable, net
         of allowances of
         $300,000                                     5,339,629     6,172,437
        Inventories, net                             12,597,816    12,663,938
        Income tax receivable                         1,632,577       937,273
        Other current assets                            334,337       327,203
                                                        -------       -------
            Total current assets                     22,203,316    22,044,215
                                                     ----------    ----------
        Property, plant and
         equipment, net                              10,510,423    10,799,089
        Other assets, net                               387,568       390,627
                                                        -------       -------
            Total assets                            $33,101,307   $33,233,931
                                                    ===========   ===========

     Current liabilities:
        Accounts payable                             $2,108,441    $1,633,568
        Other accrued liabilities                     2,175,676 
SOURCE Allied Healthcare Products, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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