September 3, 2003

Three Year High in EBITDA for Skinvisible

CashFlowNews.com reports that negative EBITDA for Skinvisible, Inc. (OTC:SKVI) for its twelve months ended June 30, 2003 was $(679,751), a 37% improvement over the year earlier same twelve months when Skinvisible generated $(1,085,925) in negative EBITDA. EBITDA for the most recent twelve months also reached a three year high.

For Skinvisible's quarter ended June 30, 2003 EBITDA was $(274,857), compared with $(218,815), a 26% deterioration over the comparable year earlier quarter. Skinvisible has generated sixteen consecutive quarters of negative EBITDA.

The shares of Skinvisible were recently trading at $0.14.

EBITDA defined by CashFlowNews.com:

EBITDA (Earnings Before Interest Taxes Depreciation and Amortization) is calculated by taking Operating Income and adding or subtracting depreciation and/or amortization.

CashFlowNews.com is the primary 'cash flow'news source for over 10,000 public companies, monitoring and reporting on EBITDA, Cash Flow from Operations (CFFO) and Free Cash Flow (FCF).

CashFlowNews also features cash flow related stories from other sources such as financial magazines, news letters and rating services, etc. For more information on how to subscribe to CashFlowNews.com call 941-351-3004 or e-mail marketnews@cashflownews.com.

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