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| CERTIFICATION      PURSUANT TO RULE 13a-14 AND 15d-14 UNDER THE SECURITIES EXCHANGE ACT OF      1934, AS AMENDED |
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| I,      Terrance K. Wallberg, certify that:                                                                      |
| 1.                                                                                                               | I      have reviewed this annual report on Form 10-KSB of ULURU    Inc.; |
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| 2.                                                                                                               | Based      on my knowledge, this annual report does not contain any untrue statement      of a material fact or omit to state a material fact necessary to make the      statements made, in light of the circumstances under which such statements      were made, not misleading with respect to the period covered by this      annual report; |
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| 3.                                                                                                               | Based      on my knowledge, the financial statements, and other financial information      included in this annual report, fairly present in all material respects      the financial condition, results of operations and cash flows of the      registrant as of, and for, the periods presented in this annual      report; |
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| 4                                                                                                                | The      registrant's other certifying officers and I are responsible for      establishing and maintaining disclosure controls and procedures (as      defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and      have: |
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| (a)                                                                                                              | Designed      such disclosure controls and procedures to ensure that material      information relating to the registrant, including its consolidated      subsidiaries, is made known to us by others within those entities,      particularly during the period in which this annual report is being      prepared; |
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| (b)                                                                                                              | Evaluated      the effectiveness of the registrant's disclosure controls and procedures      as of a date within 90 days prior to the filing date of this annual report      (the "Evaluation date"); and |
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| (c)                                                                                                              | Presented      in this annual report our conclusions about the effectiveness of the      disclosure controls and procedures based on our evaluation as of the      Evaluation date; |
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| 5.                                                                                                               | The      registrant's other certifying officers and I have disclosed, based on our      most recent evaluation, to the registrant's auditors and the registrant's      board of directors: |
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| (a)                                                                                                              | All      significant deficiencies in the design or operation of internal controls      which could adversely affect the registrant's ability to record, process,      summarize and report financial data and have identified for the      registrant's auditors any material weaknesses in internal controls,      and |
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| (b)                                                                                                              | Any      fraud, whether or not material, that involves management or other      employees who have a significant role in the registrant's internal      controls; and |
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| 6.                                                                                                               | The      registrant's other certifying officers and I have indicated in this annual      report whether there were significant changes in internal controls or in      other factors that could significantly affect internal controls subsequent      to the date of our most recent evaluation including any corrective actions      with regard to significant deficiencies and material      weaknesses. |
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| Date:      March 28, 2008 |   | By:    |   | /s/      Terrance K. Wallberg                  |   |
|---------------------------|--------|--------|--------|------------------------------------------------|--------|
|                      |   | Name:  |   | Terrance      K. Wallberg                      |
|                      |   | Title: |   | Vice      President and Chief FinancialOfficer |

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