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Consulier Engineering, Inc. Announces First Quarter Results.


RIVIERA BEACH Riviera Beach (rəvēr`ə), resort city (1990 pop. 27,639), Palm Beach co., SE Fla., on Lake Worth (a lagoon); inc. 1922. Research and development firms are located in the growing city. , Fla. -- Consulier Engineering, Inc. (Nasdaq:CSLR CSLR Center for Spoken Language Research (University of Colorado at Boulder)
CSLR Center for the Study of Law and Religion (Emory University School of Law; Atlanta, Georgia) 
) today announced that during its first quarter results ended March 31, 2006, sales increased approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 $271,000 from the comparable amounts recorded during the quarter ended March 31, 2005, due to the successful completion of installation of Amelior ED(TM) Products by PCTS PCTS POSIX Conformance Test Suite
PCTS Program Correspondence Tracking System
PCTS Project Closure Tracking System (construction software)
PCTS Posix Compliance Test Suite
, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (majority owned by ST, LLC).

During the quarter ended March 31, 2006, other income decreased by approximately $535,000 from the comparable amounts for the quarter ended March 31, 2005. This was primarily a result of the decrease in investment income of approximately $293,000, and an increase in interest expense of approximately $145,000. "Investment in BioSafe Systems, LLC ("BioSafe") - Equity in the loss of BioSafe" was approximately $51,000 in the first quarter of 2006, compared to income of approximately $6,000 for the quarter ended March 31, 2005. This represents the Company's 40% interest in BioSafe's net loss of approximately $127,000 in the three months ended March 31, 2006, compared to income of approximately $15,000 in the three months ended March 31, 2005.

"Investment in AVM AVM 1 Acute viral meningitis, see there 2 Arteriovenous malformation, see there , L.P. ("AVM") - Equity in the income of AVM" was approximately $413,000 in the first quarter of 2006 compared to income of approximately $707,000 for the quarter ended March 31, 2005. This represents the Company's 5.3% interest in AVM's net income of approximately $7,700,000 in the first quarter of 2006 compared to income of approximately $12,200,000 in the first quarter of 2005.

About Consulier Engineering, Inc.

Consulier Engineering, Inc. and its subsidiaries are engaged in medical software activities, investment activities, and the distribution of Captain Cra-Z Soap(TM). For more information about Consulier, please visit its web site at www.consulier.com.
Consolidated Operating Results

                                                    Unaudited
                                                  Quarter Ended
                                            March 31, 2006    2005
                                            -------------- -----------
Revenue                                           469,166     197,785
Operating Expenses                              3,379,910   2,017,789
Operating Income (Loss)                        (2,910,744) (1,820,004)
Other Income (Expense)                            239,335     774,356
(Loss) from Operations Before Minority
 Interest and Income Taxes                     (2,671,409) (1,045,648)
Minority Interest in Consolidated
 Subsidiary Losses                                     --   1,216,081
Income (Loss) from Operations Before Income
 Taxes                                         (2,671,409)    170,433
(Provision) Benefit for Income Taxes                   --     (66,284)
Net Income                                     (2,671,409)    104,149
Basic and Diluted Income Per Share                   (.51)       (.02)
Shares Outstanding                              5,243,105   5,243,105
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 26, 2006
Words:397
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