Agoracom

LOS ANGELES -- Auriga Laboratories, Inc. (OTCBB:ARGA), a specialty pharmaceutical company with products for the treatment of Xerostomia, dermatological conditions, and acute respiratory diseases, reported its financial results for the first quarter ended March 31, 2007.

Q1 2007 Highlights

• Gross revenue increased 179% to a record $8.9 million; gross revenue exceeded guidance by $2.7 million and was up 422% sequentially from Q4 2006.
• First quarter of positive income from operations.
• Sale force totaled 200 associates, up from 50 reported in previous quarter.
• Successful launch of two new product lines: Zinx(TM) and Aquoral(TM).
• Total monthly prescriptions exceeded 26,000 in January 2007, up 324% from January 2006.

Q1 2007 Financial Results

As compared to the previous quarter and same period a year ago:

• Gross Revenue totaled a record $8.9 million, an increase of 179% from $3.2 million in the year-earlier period. The increase was primarily due to a growing product line being sold by a rapidly expanding national sales force.
• Net Revenue totaled a record $6.8 million, an increase of 673% from $875,000 in the previous quarter and up 124% from $3.0 million a year ago. A reconciliation of Gross Revenue to Net Revenue is included at the end of this release.
• Income from operations was $110,000, as compared to a loss of $3.7 million in the previous quarter and a loss of $1.0 million a year ago.
• Net loss per common share totaled ($0.02), as compared to a loss of ($0.11) per share in the previous quarter and a loss of ($0.10) per share in the same period a year ago. The loss per common share includes $1.8 million of non-cash share-based compensation costs and $157,000 of non-cash depreciation and amortization expenses.
• Earnings before interest, taxes, depreciation, amortization, and share based-compensation ("EBITDAS") was a gain of $1.8 million, as compared to a loss of $1.8 million reported in the previous quarter, and up from a loss of $928,000 reported the same period a year ago. A reconciliation of EBITDAS is included at the end of this release.

Other Significant Events

During the first quarter, independently generated IMS data indicated Auriga's total dispensed prescriptions reached a record 26,004 in January 2007, which represented an increase of 324% from 6,141 in January 2006. By the end of the first quarter, the company sales force exceeded 200 associates nationwide, doubling from the number reported mid-January.

The company also introduced two new product lines in the first quarter: The Zinx(TM) line of products for relief of cold and allergy symptoms, and Aquoral(TM), a FDA-approved oral spray for the treatment of Xerostomia or "Dry Mouth." Aquoral(TM) targets a condition affecting 25 million Americans and a market opportunity estimated to exceed $1 billion.

"While we made great strides during this first quarter in both sales force recruitment and new product introductions, these results still far exceeded our expectations," said Philip S. Pesin, Auriga's founder, chairman and CEO. "The key to our success has been an innovative, commission-only sales force structure that allows us to retain a highly-motivated workforce at a minimal investment. These factors, combined with positive cash flow from operations and an improving balance sheet, have encouraged us to increase our growth objectives for 2007."

Added Auriga's CFO, Charles Bearchell, "Subsequent to the end of the first quarter we completed a private equity offering that resulted in aggregate gross proceeds of $2 million. We believe that our cash and investment balances are now sufficient to fund working capital needs for the foreseeable future. In fact, based on our improving financial position and operating results, our auditors have concurred that we can remove the 'going concern' qualification on our financial statements, including this quarter's Form 10-QSB to be filed later today."

2007 Business Outlook

Based upon greater than anticipated first quarter results, the company has raised its forecast for gross revenue to exceed $29 million in 2007, up from the previously issued guidance of $26 million. This compares to gross revenue of $7.4 million for the company's first full year of operations in 2006.

The company plans to achieve this with a sales force that will exceed 275 by the end of 2007, as well as new product introductions. Before the end of 2007, the company expects to enter the $5 billion dermatology marketplace with the introduction of several newly-branded prescription dermatology products under the trade names Akurza(TM) and Xyralid(TM).

Conference Call

Auriga will hold a conference call later today to discuss its first quarter 2007 financial results. Auriga's Founder, Chairman & CEO Philip S. Pesin and CFO Charles R. Bearchell will host the presentation, which will be followed by a question and answer period.

Conference Date: Monday, April 16, 2007
                  Start Time: 10:00 AM Eastern (7:00 AM Pacific)
                  Dial-In Number: 1-800-936-9754
                  International: 1-973-935-2048
                  Conference ID#: 8607014
                  
                  Internet Simulcast: http://viavid.net/dce.aspx?sid=00003D0D
                  (Windows Media Player needed for simulcast)
                  

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization and ask you to wait until the call begins. If you have any difficulty connecting with the conference call, please contact the Liolios Group at 949-574-3860.

A replay of the conference call will be available starting at 1:00 PM Eastern and until midnight, April 30, 2007:

Toll-free replay number: 1-877-519-4471
                  International replay number: 1-973-341-3080
                  Replay Pin Number: 8607014
                  

About Auriga Laboratories(TM)

Auriga Laboratories is a specialty pharmaceutical company building an industry changing commission based-sales model. The company's high-growth business model combines driving revenues through a variable cost commission-based sales structure, acquisition of proven brand names, introduction of new brands, and a strategic development pipeline, all of which is designed to enhance its growing direct relationships with physicians nationwide. Auriga's exclusive prescription and over-the-counter product portfolio includes Aquoral(TM) for the treatment of Xerostomia, Akurza(TM) and Xyralid(TM) dermatology products, and the Zinx(TM), Extendryl®, and Levall® families of products for relief of symptoms associated with a range of acute respiratory diseases. For more information, visit: www.aurigalabs.com.

Forward-Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to the company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause its actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to its operations, results of operations, growth strategy and liquidity. The company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Statements regarding the company's ability to increase its sales force and the success of such sales force in selling its products in light of competitive and other factors, the regulatory status and/or regulatory compliance of its products, the company's ability to secure additional financing, its ability to sustain market acceptance for its products, its dependence on collaborators, the company's ability to find and execute strategic transactions, its potential exposure to litigation, the company's exposure to product liability claims, and the company's prices, future revenues and income and cash flows and other statements that are not historical facts contain predictions, estimates and other forward-looking statements. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved and these statements will prove to be accurate. Important factors could cause actual results to differ materially from those included in the forward-looking statements.

              AURIGA LABORATORIES, INC. AND SUBSIDIARIES
                               (F/K/A MULTI-LINK TELECOMMUNICATIONS, INC.)
                                  CONSOLIDATED STATEMENTS OF OPERATIONS
                  
                                                          THREE MONTHS    THREE MONTHS
                                                             ENDED            ENDED
                                                         MARCH 31, 2007  MARCH 31, 2006
                                                          (unaudited)      (unaudited)
                                                        ---------------- ---------------
                   NET REVENUES
                   Products                             $     6,766,025  $    3,019,301
                                                        ---------------- ---------------
                   Total Net Revenues                         6,766,025       3,019,301
                  
                   COST OF GOODS SOLD
                   Materials and supplies                       938,240         408,683
                   Royalties                                  1,033,662         492,517
                   Distribution                                 177,548         134,451
                                                        ---------------- ---------------
                   Total Cost of Goods Sold                   2,149,451       1,035,651
                                                        ---------------- ---------------
                  
                   GROSS PROFIT                               4,616,575       1,983,650
                  
                   OPERATING EXPENSES
                   Sales, marketing and trade expenses
                    (includes non-cash equity
                    instrument related expenses of
                    $306,773 and $0 for the three
                    months ended March 31, 2007 and
                    2006, respectively.                       1,755,059       1,627,098
                   General and administrative expenses
                    (includes non-cash equity
                    instrument related expenses of
                    $1,059,735 and $92,116 for the
                    three months ended March 31, 2007
                    and 2006, respectively.                   2,129,381       1,240,856
                   Research and development expenses
                    (includes non-cash equity
                    instrument related expenses of
                    $391,111 and $0 for the three
                    months ended March 31, 2007 and
                    2006, respectively.                         622,288         154,224
                                                        ---------------- ---------------
                   Total Operating Expenses                   4,506,729       3,022,178
                                                        ---------------- ---------------
                  
                   INCOME (LOSS) FROM OPERATIONS                109,845      (1,038,528)
                  
                   OTHER INCOME(EXPENSES)
                   Interest expense                            (894,481)        (59,819)
                   Non-cash financing expense                        --      (1,986,592)
                   Other income(expenses)                      (191,774)            702
                                                        ---------------- ---------------
                   Total Other Income(Expenses)              (1,086,255)     (2,045,709)
                                                        ---------------- ---------------
                  
                   LOSS BEFORE TAXES                           (976,410)     (3,084,237)
                  
                   INCOME TAXES                                      --              --
                                                        ---------------- ---------------
                  
                   NET LOSS                             $      (976,410) $   (3,084,237)
                                                        ================ ===============
                  
                   NET LOSS PER COMMON SHARE, BASIC AND
                    DILUTED                             $         (0.02) $        (0.10)
                                                        ================ ===============
                   WEIGHTED AVERAGE NUMBER OF COMMON
                    SHARES OUTSTANDING, BASIC AND
                    DILUTED                                  41,662,766      30,539,827
                                                        ================ ===============
                  

              AURIGA LABORATORIES, INC. AND SUBSIDIARIES
                               (F/K/A MULTI-LINK TELECOMMUNICATIONS, INC.)
                                       CONSOLIDATED BALANCE SHEETS
                  
                                                         MARCH 31, 2007   DECEMBER 31,
                  ASSETS                                  (unaudited)          2006
                      CURRENT ASSETS
                         Cash and cash equivalents      $     2,369,678  $      259,580
                         Accounts receivable, net             2,370,128         969,962
                         Inventory                              737,945         426,417
                         Prepaid expenses                       747,265         756,378
                                                         ---------------  --------------
                           Total Current Assets               6,225,016       2,412,337
                  
                      PROPERTY AND EQUIPMENT, net               303,877         326,792
                  
                      OTHER ASSETS
                         Intangibles, net                     7,679,075       7,768,476
                         Restricted cash                              -          75,560
                         Deposits                                16,775          16,775
                                                         ---------------  --------------
                           Total Other Assets                 7,695,850       7,860,811
                  
                                                        ---------------- ---------------
                      TOTAL ASSETS                      $    14,224,743  $   10,599,940
                                                         =============== ===============
                  
                  LIABILITIES AND STOCKHOLDERS' EQUITY
                      CURRENT LIABILITIES
                         Accounts payable               $     1,701,671  $    1,742,441
                         Accrued expenses                     1,700,325       1,263,718
                         Bank notes payable                          --          62,272
                         Royalties payable                    1,033,602         326,308
                         Product licenses payable             1,550,000         800,000
                         Related-party convertible note         500,000         632,000
                         Senior secured promissory
                          notes (net of loan discounts
                          of $219,350 and $1,006,396 as
                          of March 31, 2007 and
                          December 31, 2006,
                          respectively)                       2,249,400       1,462,354
                         Deposit on stock subscriptions         759,000              --
                         Other liabilities                        4,688              --
                                                         ---------------  --------------
                           Total Current Liabilities          9,498,686       6,289,093
                  
                      LONG-TERM DEBT
                         Product licenses payable                    --         750,000
                                                        ---------------- ---------------
                           Total Long-Term Debt                      --         750,000
                  
                                                        ---------------- ---------------
                           Total Liabilities                  9,498,686       7,039,093
                  
                      STOCKHOLDERS' EQUITY
                         Preferred stock: $0.001 par
                          value, 10,000,000 shares
                          authorized; no shares issued
                          and outstanding                            --              --
                         Common stock: $0.001 par
                          value, 250,000,000 shares
                          authorized; 42,131,592 and
                          41,139,390 shares issued and
                          outstanding as of March 31,
                          2007 and December 31, 2006,
                          respectively                           42,131          41,139
                         Additional paid-in capital          20,523,012      18,382,385
                         Accumulated deficit                (15,839,086)    (14,862,677)
                                                        ---------------- ---------------
                           Total Stockholders' Equity         4,726,057       3,560,847
                  
                                                        ---------------- ---------------
                  TOTAL LIABILITIES AND STOCKHOLDERS'
                   EQUITY                               $    14,224,743  $   10,599,940
                                                        ================ ===============
                  

The accompanying notes are an integral part of these condensed consolidated financial statements and are available in the company quarterly statement for the period ended March 31, 2007, as filed with the Securities and Exchange Commission.

Reconciliation of Gross to Net Revenues

The following table provides a reconciliation of gross revenues to net revenues for the unaudited, three month periods ended March 31, 2007 and 2006, for purposes of providing additional disclosure and detail to our revenues:

              Three months ended Three months ended Three months ended
                                  March 31, 2007     March 31, 2006   December 31, 2006
                                   (unaudited)        (unaudited)        (unaudited)
                                ------------------ ------------------ ------------------
                  
                  Gross
                   revenues     $       8,899,223  $       3,187,765  $       1,704,219
                  Less: Sales
                   discounts           (1,262,308)          (168,464)            (9,664)
                  Less: Sales
                   returns
                   reserve               (870,890)                --           (819,289)
                                ------------------ ------------------ ------------------
                  Net Revenues  $       6,766,025  $       3,019,301  $         875,266
                                ================== ================== ==================
                  

Reconciliation of EBITDAS

              Three months ended Three months ended Three months ended
                                  March 31, 2007     March 31, 2006   December 31, 2006
                                   (unaudited)        (unaudited)        (unaudited)
                                ------------------ ------------------ ------------------
                  
                  Earnings (net
                   loss)        $        (976,410) $      (3,084,237) $      (4,486,845)
                  
                  Interest                894,481             59,117            784,072
                  
                  Taxes                         -                  -                  -
                  
                  Depreciation             34,871             18,774             32,977
                  
                  Amortization            121,901                  -            101,269
                  
                  Non-cash
                   share-based
                   compensation
                   expense              1,757,619          2,078,708          1,777,029
                  
                                ------------------ ------------------ ------------------
                  EBITDAS       $       1,832,462  $        (927,638) $      (1,791,499)
                                ================== ================== ==================
                  

EBITDAS (earnings, before interest, taxes, depreciation, amortization, and non-cash share-based compensation expense) is considered a non-GAAP financial measure as defined by SEC Regulation G. We consider EBITDAS an important measure of our financial performance and our ability to generate cash flows to measure operating performance, fund capital expenditures, and fund other corporate investing and financing activities. EBITDAS eliminates the non-cash effect of tangible asset depreciation, intangible asset amortization, and non-cash share-based compensation expenses. EBITDAS should be considered in addition to, rather than as a substitute for, income from operations, net income, and cash flows from operating activities.

Auriga Laboratories, Inc.
                  Philip S. Pesin, 310-461-3606 or 678-282-1606
                  Fax 310-564-1991
                  ppesin@aurigalabs.com
                  or
                  Investor Relations:
                  Liolios Group, Inc.
                  Ron Both or Geoffrey Plank, 949-574-3860
                  ron@liolios.com