HydraLogic Reports Record Profit from Second Quarter 2009 Financial Results



    TORONTO, Aug. 11 /CNW/ - HydraLogic Systems Inc. ("HydraLogic" or the
"Company") (TSX.V: HLS - OTC Pink Sheet: HYSYF) today announced the Company's
financial operating results for the three months ending June 30, 2009; as
follows:

    
    -------------------------------------------------------------------------
                   JUNE QUARTERLY HIGHLIGHTS -  2009 & 2008
    -------------------------------------------------------------------------
    Information in table is thousands CDN $               Three-Month Period
    -------------------------------------------------------------------------
    Period ended June 30th                                    2009      2008
    -------------------------------------------------------------------------
    Revenue                                                  1,712     2,289
    -------------------------------------------------------------------------
    Gross Profit                                               996     1,338
    -------------------------------------------------------------------------
    EBITDA(1)                                                  324       177
    -------------------------------------------------------------------------
    Earnings (Loss)                                            179       131
    -------------------------------------------------------------------------
    (1) Earnings before income taxes, interest, depreciation and amortization
    

    Second Quarter 2009 Highlights:

    Best historical quarterly profit of $178,797 and EBITDA of $324,097.
    Compared to the six months ending June 30, 2008, in the six months ending
June 30, 2009 earnings have improved by $109,046 to ($76,487) and EBITDA
improved by $274,165 to $214,767.
    In the six months ending June 30, 2009 operating expense has been reduced
by $668,041 over the same comparative period in 2008.
    "We are happy to report another financial performance milestone with
record profit in the second quarter of 2009," stated Michael Beckley,
President and Chief Executive Officer of HydraLogic Systems Inc. "Due to a
weak cash position our sales were off by $576,741 over the same period last
year. However; our $388,939 in reduced operating expense, over the same period
last year, more than offset the reduction in gross profit. While our
opportunity pipeline has never been better, we continue to pursue an
aggressive profit over growth initiative. We anticipate this will improve our
capital raise efforts and continue to attract high level alliance partners in
support of our plans to sign co-distribution deals for our new line of
mosquito and odour control products.

    About HydraLogic Systems:

    HydraLogic is an innovator of engineered misting systems and proprietary
environmental chemistries with reoccurring revenue distribution platforms. The
company strives to be market leaders in providing technologies, though turnkey
distribution and service models into the multi-billion dollar mosquito and
odour control industries as Bug Defence and HLS Ecolo respectively.
    HydraLogic Systems is traded on the TSX Venture exchange - symbol: HLS.

    Forward Looking Statements

    This press release contains certain "forward looking statements". These
statements relate to future events or future performance and reflect
expectations and belief regarding growth, results of operations, performance,
business prospects, opportunities or industry performance and trends. These
forward looking statements reflect current internal projections, expectations
or beliefs and are based on information currently available. A number of
factors could cause actual events or results to differ materially from the
results discussed in the forward looking statements. Although it is believed
that the forward looking statements contained in this press release are based
upon reasonable assumptions, investors cannot be assured that actual results
will be consistent with these forward looking statements. These forward
looking statements are made as of the date of this press release, and
HydraLogic Systems Inc. assumes no obligation to update or revise them to
reflect new events or circumstances, except as required pursuant to applicable
securities laws.

    
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this news release.
    

    %SEDAR: 00020350E




For further information:

For further information: Michael Beckley, President & CEO, (416)
740-3900 ext 400, beckley@hydralogic.com

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HydraLogic Systems Inc.

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