Anpath Group, Inc. Announces Fiscal 2010 Second Quarter Results

MOORESVILLE, N.C., Nov 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- Anpath Group, Inc. (OTC Bulletin Board: ANPG), and its wholly-owned subsidiary, EnviroSystems, Inc. (ESI), today reported financial results for its fiscal 2010 second quarter which ended September 30, 2009.

Second Quarter Results: The Company continued a positive trend of increased quarterly revenues and reduced losses year over year. Revenues for the second quarter were $113,170 compared with revenues of $27,145 in the same quarter last year; an increase of $86,025 or 417%. For the first six (6) months of FY 2010 Anpath Group reported an increase in revenues of $209,066 or 559% over the first half of FY 2009. The Company realized a net loss of $663,385 or $(0.04) per share for the second quarter reported compared to a loss of $(838,918) or $(0.06) per share for the second fiscal quarter last year. Total operating expenses for the second quarter were reduced by $159,567 or 20% compared to the same period for the prior year.

"We are pleased with the FY 2010 quarterly improvements in our business," stated J. Lloyd Breedlove, President and Chief Executive Officer of Anpath Group. "The Company continues to make progress and build a strong foundation on which to grow. We remain committed to a number of milestones that have the potential to rapidly grow our revenues." Business Overview: During the second quarter ANPG continued work on several previously announced initiatives. As a result of completed testing, the Company plans to provide new data to the US Environmental Protection Agency as the initial step in the reintroduction of a broad spectrum disinfectant; a platform for a number of related products. The Company also reported continued progress toward the introduction of an environmentally correct geobiocide for use in the oil & gas industry and is in discussions with a potential partner within the industry.

Growth of its international presence continued with market expansion in Japan and Korea. The Company has ongoing discussions with other international distribution partners.

About Anpath Group, Incorporated: Anpath Group, Inc. (Anpath), through its wholly-owned subsidiary EnviroSystems, Inc., produces cleaning and disinfecting products that it believes will help prevent the spread of infectious microorganisms while minimizing the harmful effects to people, equipment or the environment. Visit www.anpathgroup.com for more information.

EnviroSystems, Inc. is focused on safe infection prevention technologies that the company believes will position the company in the forefront of the industry at a time when there is rapidly growing awareness of the critical need to prevent biological risks -- both natural and man-made. Visit www.envirosi.com for more information.

Forward Looking Statements: This release may contain forward-looking statements, which reflect expectation or belief by Anpath Group, Inc. concerning future events that involve risks and uncertainties. Anpath Group can give no assurance that the expectations reflected in forward looking statements will prove correct and various factors could cause results to differ materially from Anpath Group expectations, including, but not limited to EPA and state registration of Anpath Group's products, its ability to carry out its business plan, successful development and commercial acceptance of its products, ability to fund development of its technology, the risk that products may not result from development activities, protection of its intellectual property, need for regulatory approvals, and other factors discussed in periodic Anpath Group, Inc. filings with the Securities and Exchange Commission. Forward-looking statements are qualified in their entirety by the above cautionary statement. Anpath Group assumes no duty to update its outlook or other forward-looking statements as of any future date.

SOURCE Anpath Group, Inc.

URL: http://www.anpathgroup.com www.prnewswire.com Copyright (C) 2009 PR Newswire. All rights reserved -0- KEYWORD: North Carolina INDUSTRY KEYWORD: ENV

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OTC SUBJECT CODE: ERN