Exhibit  99.1


Contact:
Daniel C. Dunn
Chief Financial Officer
314/771-2400

Recession Leads to Sales Decline and Loss
For Allied Healthcare Products in Fiscal 2010

ST. Louis, August 30, 2010 – Recession-driven budget cuts by hospitals and governmental entities reduced sales for Allied Healthcare Products, Inc. (NASDAQ: AHPI) throughout fiscal 2010.   The company managed to offset much of the year’s sales decline by cutting overhead and operating costs.  Still, the company reported a loss for the year.
 
For the fiscal year ending June 30, 2010, Allied sales fell about $6 million, or more than 11.7 percent, from about $52.1 million in 2009 to $46.0 million in the current fiscal year.  The cost of sales was reduced by 13.4 percent, from about $40.3 million to $34.9 million.  The company also cut its selling, general and administrative costs by about 8.5 percent, from about $13.0 million to $11.9 million in the current year.
 
The net loss for fiscal 2010 was $600,000, or a negative seven cents per basic and diluted share.  This compared to a loss of more than $16.8 million, or a negative $2.12 per basic and diluted share, for fiscal 2009.  The 2009 loss included the effect of a non-cash accounting charge of $16.0 million relating to the impairment of goodwill in the fourth quarter.  The 2009 goodwill impairment was caused by the decline of the Allied stock price in the year and a general downturn in orders caused by the recession.
 
 
 

The following information was filed by Allied Healthcare Products Inc (AHPI) on Monday, August 30, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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