OurPet's Company Reports 2007 Third-Quarter and Nine-Months Financial Results

FAIRPORT HARBOR, OH--(Marketwire - November 6, 2007) - OurPet's Company (OTCBB: OPCO), a growing designer, developer, producer, and marketer of accessory and consumable pet products, today reported financial results for its third quarter and nine months ended September 30, 2007.

Net revenues for the 2007 third quarter increased 7.7 percent to $2,429,749 from $2,256,020 in the same period a year ago. Gross margin, as a percent of sales for the 2007 third quarter, decreased 4.4 percentage points to 25.0 percent from 29.4 percent in the 2006 third quarter. Net income for the 2007 third quarter decreased to $3,244, compared to $144,470 for the 2006 third quarter. Earnings, before interest, taxes, depreciation and amortization (EBITDA), for the 2007 third quarter, decreased 43.4 percent to $157,627, compared to $278,349 for the 2006 third quarter.

Net revenues for the 2007 nine months increased 19.4 percent to $7,829,931 from $6,559,530 in the same period a year ago. Gross margin, as a percent of sales for the 2007 nine months, increased 0.3 percentage points to 26.9 percent from 26.6 percent in the 2006 nine months. Net income for the 2007 nine months increased 26.9 percent to $290,769, compared to $223,704 for the 2006 nine months. EBITDA for the 2007 nine months, increased 23.0 percent to $758,235, compared to $616,265 for the 2006 nine months.

Dr. Steven Tsengas, President and CEO, stated, "While we are disappointed that our third-quarter financial results were not as good as expected, we believe that we are well positioned to profitably grow our business. We are in the midst of one of the biggest launches of the Company's history and we have experienced some growing pains. In order to successfully launch the SmartScoop™ Self-Scooping Cat Litter Box, we took a lot of time working with our Chinese manufacturer to make sure the quality of the final product was up to our standards. In doing so, we missed sales opportunities with some of our larger customers to have the SmartScoop™ on their shelves for the fall and winter. In spite of this, the SmartScoop™ launch is going well and we are confident that we will begin to show the results of all of our hard work in the coming quarters.

"I am very confident of the team of associates we have in place to accomplish our business plan. Our other new product categories are being well received especially our ecoPure Naturals™ brand of natural pet products. We have the best portfolio of brands and products that we have ever had, which are being well received by our customers. In addition, we continue to build our retail customer base."

Dr. Tsengas concluded, "Our trailing twelve-months revenues and earnings now stand at $10,712,098 and $627,990, respectively. We are optimistic that financial results for the 2007 fourth quarter and full year will compare favorably to the same periods last year. We look forward to communicating our 2007 annual financial results, which should be released in March 2008."

About OurPet's Company

OurPet's designs, produces and markets a broad line of innovative, high-quality accessory and consumable pet products in the U.S. and overseas. Investors and customers may visit www.ourpets.com for more information about the Company and its products.

Certain of the matters set forth in the press release are forward-looking and involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially are the following: business conditions and growth in the industry; general economic conditions; addition or loss of significant customers; the loss of key personnel; product development; competition; risks of doing business abroad; foreign government regulations; fluctuations in foreign rates; rising costs for raw materials and the unavailability of sources of supply; the timing of orders booked; and the other risks that are described from time to time in OurPet's SEC reports.

                     OURPET'S COMPANY AND SUBSIDIARIES
                       CONSOLIDATED OPERATING RESULTS
                                (unaudited)

                             Three Months Ended       Nine Months Ended
                                 September 30,          September 30,
                            ----------------------  ----------------------
                               2007        2006        2007        2006
                            ----------  ----------  ----------  ----------
Net revenue                 $2,429,749  $2,256,020  $7,829,931  $6,559,530
Cost of goods sold           1,823,093   1,591,717   5,722,949   4,813,354
                            ----------  ----------  ----------  ----------
  Gross profit on sales        606,656     664,303   2,106,982   1,746,176
Selling, general and
 administrative expenses       558,806     488,217   1,694,530   1,389,852
                            ----------  ----------  ----------  ----------
  Income from operations        47,850     176,086     412,452     356,324
Acquisition consolidation
 expenses                            -           -           -      55,292
Other (expenses), net               (1)    (15,213)     (2,070)    (47,396)
Interest expense                44,607      46,829     123,753     124,724
                            ----------  ----------  ----------  ----------
  Net income                $    3,244  $  144,470  $  290,769  $  223,704

Basic and Diluted Net
 Income Per Common Share
 After Dividend Requirements
 For Preferred Stock        $       -   $     0.01  $     0.01  $     0.01
                            ----------  ----------  ----------  ----------

Weighted average number of
 common and equivalent
 shares outstanding used
 to calculate basic and
 diluted earnings per share 18,166,595  15,508,798  17,782,896  15,471,048
                            ----------  ----------  ----------  ----------



                     OURPET'S COMPANY AND SUBSIDIARIES
                        CONSOLIDATED BALANCE SHEETS
                                 (Unaudited)

                                                 September 30, December 31,
                                                      2007         2006
                                                  ------------ ------------

 ASSETS
   Cash and equivalents                           $     22,262 $     30,400
   Receivables, net                                  1,280,721    1,160,832
   Inventories                                       3,098,059    2,848,980
   Prepaid expenses                                    159,884       48,231
                                                  ------------ ------------
           Total current assets                      4,560,926    4,088,443

   Property and equipment, net                       2,338,000    2,058,201
   Other                                               331,026      329,735
                                                  ------------ ------------

           Total assets                           $  7,229,952 $  6,476,379
                                                  ============ ============

 LIABILITIES AND STOCKHOLDERS' EQUITY
   Short-term borrowings and current maturities
    of long-term debt                             $  1,773,211 $  1,548,911
   Accounts payable                                  1,037,904    1,020,645
   Accrued expenses                                    182,570      164,973
                                                  ------------ ------------
           Total current liabilities                 2,993,685    2,734,529

   Long-term debt                                      298,470      211,132
   Stockholders' equity                              3,937,797    3,530,718
                                                  ------------ ------------

            Total liabilities and stockholders'
             equity                               $  7,229,952 $  6,476,379
                                                  ============ ============

Contact Information: CONTACT: OurPet's Company Dr. Steven Tsengas (440) 354-6500 ext. 111 or INVESTOR RELATIONS: SM Berger & Company, Inc. Andrew Berger (216) 464-6400 CONTACT: OurPet's Company Dr. Steven Tsengas (440) 354-6500 ext. 111 or INVESTOR RELATIONS: SM Berger & Company, Inc. Andrew Berger (216) 464-6400