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Allied Announces Results

Allied Healthcare International Inc., a leading provider of flexible healthcare staffing services in the United Kingdom, has announced its financial results of its fiscal 2008 fourth quarter and year-end. For the fourth quarter of fiscal 2008, at constant exchange rates, revenues increased by $6.4 million, or 8.8%, to $79.6 million, compared with $73.2 million reported during the same period in fiscal 2007. Contributing to the increase in revenues was Allieds Homecare staffing which grew by 16.0% to $60.9 million. After the unfavorable impact of currency exchange of $4.6 million, revenues increased to $75.0 million. Operating income for the fourth quarter of fiscal 2008 increased to $4.3 million, compared to operating income of $3.0 million reported during the 2007 fourth fiscal quarter.

For the year ended September 30, 2008, at constant exchange rates, revenues increased $20.2 million, or 7.3%, to $298.0 million compared to $277.8 million for the year ended September 30, 2007. Contributing to the increase in revenue was Allieds Homecare staffing, which grew by 12.7% to $225.0 million. Operating income for the year ended September 30, 2008 increased to $12.7 million compared with $8.7 million reported in the year ended September 30, 2007.

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