Posted: Wednesday, February 11, 2009, 3:57 p.m., EST

OurPet’s a Fairport Harbor, Ohio-based manufacturer of dog and cat products, recently reported net income of $50,698 on revenue of $3.2 million for its fourth quarter ended Dec. 31, compared to net loss of $103,883 on revenue of $2.7 million in the year-ago period.

Year to date, the company reported net loss of $1.7 million on revenue of $12.4 million, compared to net income of $186,886 on revenue of $10.6 million in the year-ago period.

“I am encouraged by our 2008 financial and operating results given the difficulties we faced throughout the year, as a result of the SmartScoop litigation, higher raw material costs, inventory reductions by our customers and the downturn in the economy,” said Steven Tsengas, Ph.D., president and chief executive officer of the company.

Dr. Tsengas also noted that OurPet’s added 125 new accounts in 2008, the most in the company’s history.

The company plans to introduce 45 new products at the Global Pet Expo, which takes place Feb. 12-14 in Orlando, Fla. For example, OurPet’s will be introducing its new Flappy brand of dog toys, which will be on store shelves May 1. The company is also launching 15 new Play-N-Squeak toys and relaunching its elevated dog feeders. <HOME>