BIOQ Bioqual Inc (PK)

BIOQUAL, Inc. (Pinksheets:BIOQ): -0- *T 2006 2005 ----------- ----------- Revenues and Sales $19,386,441 $18,534,118 Income Before Income Tax $ 1,288,783 $ 1,286,439 Net Income $ 782,830 $ 785,011 Basic Earnings per Share of Common Stock $ 0.87 $ 0.86 Diluted Earnings per Share of Common Stock $ 0.85 $ 0.85 Weighted Average Number of Shares Outstanding For Basic Earnings 904,433 908,944 Weighted Average Number of Shares Outstanding For Diluted Earnings 918,391 926,421 *T BIOQUAL's Board of Directors has declared a dividend of $0.11 per share for shareholders of record on September 21, 2006, payable on September 28, 2006. This is the sixth dividend declared by BIOQUAL. Statements herein that are not descriptions of historical facts are forward-looking and subject to risk and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors including risks relating to the ability to continue to extend its government contracts and obtain new contracts; uncertainties relating to clinical trials; dependence on third parties; and future capital needs.