CAM Reports 2nd Quarter Results

Market Wire, April, 2008

                       CAM COMMERCE SOLUTIONS, INC.
                 UNAUDITED CONDENSED STATEMENTS OF INCOME
                  (In thousands, except per share data)




                                    THREE MONTHS ENDED   SIX MONTHS ENDED
                                    ------------------  ------------------
                                    MARCH 31  MARCH 31  MARCH 31  MARCH 31
                                      2008      2007      2008      2007
                                    --------  --------  --------  --------
REVENUES
   Net payment processing revenues  $  5,423  $  3,342  $ 11,208  $  6,807
   Net hardware, software and
    installation revenues              2,144     2,576     4,725     4,861
   Net service revenues                1,478     1,429     2,957     2,851
                                    --------  --------  --------  --------
Total net revenues                     9,045     7,347    18,890    14,519
COSTS AND EXPENSES
   Cost of payment processing
    revenues                             232       181       471       311
   Cost of hardware, software and
    installation revenues              1,221     1,234     2,552     2,418
   Cost of service revenues              665       639     1,336     1,276
                                    --------  --------  --------  --------
Total cost of revenues                 2,118     2,054     4,359     4,005
Selling, general and administrative
 expenses                              4,928     3,840     9,695     7,503
Research and development expenses        481       397       945       780
Interest income                         (294)     (310)     (655)     (615)
                                    --------  --------  --------  --------
Total costs and expenses               7,233     5,981    14,344    11,673
                                    --------  --------  --------  --------
Income before provisions for income
 taxes                                 1,812     1,366     4,546     2,846
Provisions for income taxes              446       512     1,486     1,024
                                    --------  --------  --------  --------
Net income                          $  1,366  $    854  $  3,060  $  1,822
                                    ========  ========  ========  ========

Basic net income per share          $   0.33  $   0.21  $   0.74  $   0.46
                                    ========  ========  ========  ========

Diluted net income per share        $   0.32  $   0.20  $   0.71  $   0.43
                                    ========  ========  ========  ========

Shares used in computing basic net
 income per share                      4,124     4,022     4,117     4,001

Shares used in computing diluted
 net income per share                  4,297     4,220     4,293     4,206





                       CAM COMMERCE SOLUTIONS, INC.
                         CONDENSED BALANCE SHEETS
                  (In thousands, except per share data)


                                                  MARCH 31,   SEPTEMBER 30,
                                                    2008          2007
                                                ------------  ------------
                                                (Unaudited)
ASSETS
Current assets:
   Cash and cash equivalents                    $     21,460  $     22,047
   Marketable available-for-sale securities            5,794         6,388
   Accounts receivable, net                            2,793         2,688
   Inventories                                           347           295
   Prepaid income taxes                                1,885            --
   Deferred income taxes                                  76           625
   Other current assets                                  139           182
                                                ------------  ------------
Total current assets                                  32,494        32,225

Property and equipment, net                              770           748
Intangible assets, net                                   485           544
Other assets                                              66            72
                                                ------------  ------------
Total assets                                    $     33,815  $     33,589
                                                ============  ============



LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
   Accounts payable                             $        525  $        713
   Accrued compensation and related expenses           1,588         1,877
   Deferred service revenue and customer
    deposits                                           1,537         1,622
   Cash dividends payable                              1,283           986
   Other accrued liabilities                             110           372
                                                ------------  ------------
   Total current liabilities                           5,043         5,570
   Liability for uncertain tax positions                  58            --
                                                ------------  ------------
Total liabilities                                      5,101         5,570
                                                ------------  ------------
Stockholders' equity:
   Common stock, $.001 par value; 12,000 shares
    authorized, 4,134 shares issued and
    outstanding at March 31, 2008 and 4,105 at
    September 30, 2007                                     4             4
   Capital in excess of par value                     24,284        23,702
   Accumulated other comprehensive loss                  (17)           (2)
   Retained earnings                                   4,443         4,315
                                                ------------  ------------
   Total stockholders' equity                         28,714        28,019
                                                ------------  ------------
Total liabilities and stockholders' equity      $     33,815  $     33,589
                                                ============  ============
 

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