Food Technology Service, Inc. (NASDAQ:VIFL) today announced results for the first quarter of 2008. Revenues were $558,869 during the first quarter of 2008 compared to revenues of $480,517 for the same period in 2007. This is an increase of 16.3 percent. The Company had net income during the first quarter of 2008 of $76,554 compared to net income of $64,802 during the first quarter of 2007. This is an increase of about 18.1 percent.

Food Technology Service, Inc. CEO, Dr. Richard Hunter, said, “Revenue growth has been very good during the past year and I am particularly pleased with increasing medical sterilization business. Interest in food irradiation remains high and I believe that segment of our business continues to have great potential.”

Food Technology Service, Inc. provides irradiation services for medical products, food items and consumer goods to enhance the safety of those products. The Company is certified to ISO 13485:2003 standards for the provision of radiation sterilization services for medical devices.

Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risk and uncertainties that may affect business and prospects and cause actual results to differ materially from these forward-looking statements.

Food Technology Service, Inc., Mulberry
Richard G. Hunter Ph.D., President/CEO, 863-425-0039
www.ftsi.us

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