Aetrium, based in North St. Paul, Minnesota, is a leading supplier of proprietary technologies and equipment that are used by the worldwide semiconductor industry to test ICs. The company's products are used by customers to advance reliability, improve quality, increase product yield or improve manufacturing processes. Aetrium's common stock is publicly traded on the Nasdaq market under the symbol ATRM.  More information about Aetrium is available on the internet at www.Aetrium.com.

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Aetrium Incorporated
Consolidated Statements of Operations
(Unaudited)
(in thousands, except per share data)
         
         
  Three Months ended September 30, Nine Months ended September 30,
  2010 2009 2010 2009
         
         
Net sales  $ 4,957  $ 3,028  $ 14,591  $ 5,964
 Cost of goods sold 2,679 1,648 7,922 3,747
Gross profit 2,278 1,380 6,669 2,217
Gross profit percent 46.0% 45.6% 45.7% 37.2%
         
Operating expenses:        
 Selling, general and administrative (1) 1,433 1,282 4,110 3,612
 Research and development 841 647 2,350 1,651
 Total operating expenses 2,274 1,929 6,460 5,263
         
Income (loss) from operations 4 (549) 209 (3,046)
 Interest income, net 21 29 55 113
Income (loss) before income taxes 25 (520) 264 (2,933)
 Income tax benefit (2)  --  182  57 1,023
         
Net income (loss) (3)  $ 25  $ (338)  $ 321  $ (1,910)
         
Income (loss) per share (3):        
 Basic  $ 0.00  $ (0.03)  $ 0.03  $ (0.18)
 Diluted  $ 0.00  $ (0.03)  $ 0.03  $ (0.18)
         
Weighted average common shares outstanding:      
 Basic  10,764  10,598  10,690  10,598
 Diluted  10,844  10,598  10,849  10,598
         
         
(1) Selling, general and administrative expenses for the nine months ended September 30, 2010 includes a credit of $190 related to the settlement of a legal dispute with a subtenant of the Company's former leased facility in Poway, California. 
         
(2) Income tax benefit for the nine months ended September 30, 2010 includes $57 related to a federal carryback claim filed in 2010 for a refund of Alternative Minimum Taxes paid in prior years. 
         
(3) The impact of the $190 credit and $57 income tax benefit described above was to increase net income from $74 ($0.01 per basic and diluted share) to $321 ($0.03 per basic and diluted share) for the nine months ended September 30, 2010.
Aetrium Incorporated
Consolidated Balance Sheets 
(Unaudited)
(In Thousands)
     
     
  September 30, 2010 December 31, 2009
Assets:    
 Current assets:    
 Cash and cash equivalents  $ 10,021  $ 9,476
 Accounts receivable, net  3,403  2,114
 Inventories - operations  7,467  7,472
 Inventories -- shipped equipment, subject to    
 revenue deferral  90  --
 Other current assets  130  234
Total current assets  21,111  19,296
     
 Property and equipment, net  98  98
     
 Other assets  44  --
     
Total assets  $ 21,253  $ 19,394
     
     
Liabilities and shareholders' equity:    
 Current liabilities:    
 Trade accounts payable  $ 1,583  $ 707
 Other current liabilities  673  669
Total current liabilities  2,256  1,376
     
 Shareholders' equity  18,997  18,018
     
Total liabilities and shareholders' equity  $ 21,253  $ 19,394
CONTACT:  Aetrium Incorporated          Doug Hemer          (651) 773-4274

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