SOURCE: Solos Endoscopy, Inc.

March 27, 2007 10:01 ET

Solos Endoscopy, Inc.'s Unaudited 2006 Financials Reveal Considerable Increase in Revenues and Gross Profits

BOSTON, MA -- (MARKET WIRE) -- March 27, 2007 -- Solos Endoscopy, Inc. (PINKSHEETS: SLSY) is pleased to announce that the Company's unaudited financials for 2006 show $324,505 in revenues, which is a 25 percent increase over revenues that were generated in 2005. During the same period, Solos Endoscopy grew its distribution network and expanded its product offering into two new markets, ENT and Women's Healthcare.

Solos Endoscopy also realized a 51% increase in gross profits from 2005 to $282,153 in 2006 by continuing to reduce the cost of goods sold and further its operational efficiencies. The Company's unaudited financial statements will soon be made available on their corporate website, www.solosendoscopy.com.

"We see these numbers as indicative of our continuous re-positioning of the company in the endoscopic market and that our customer base and worldwide market presence continues to expand. Our imminent reorganization into specialized operating divisions will allow us to better serve our many customers and for our research and development team to continue to meet the demand for increasingly sophisticated medical technology," stated Bob Segersten, of Solos Endoscopy, Inc.

Solos Endoscopy, Inc. recently announced that the board of directors has authorized the reorganization of the Company into specialty-based operating divisions, which will focus on specific medical markets. Solos Endoscopy is in the process of recruiting experienced executives to oversee the management and global expansion of each specialty operating division.

About Solos Endoscopy, Inc.:

Solos Endoscopy, Inc. is a healthcare technology company whose mission is to develop and market breakthrough technology, applications, medical devices, and procedural techniques for the screening, diagnosis, treatment and management of medical conditions. Backed by technical support, Solos' sales team can help make the right buying decisions for the hospital, surgery center, or physician office. Additional information is available on the Company's website at: www.solosendoscopy.com.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

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