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AMERICAN MEDICAL TECHNOLOGIES, INC. REPORTS FIRST QUARTER RESULTS

 HOUSTON, April 6 /PRNewswire/ -- American Medical Technologies, Inc. ("AMT") (NASDAQ Small Cap: AMOT), today announced a net loss of $256,245, or $.02 per share, for its first quarter ended Dec. 31, 1992, compared with a net loss of $333,489, or $.05 per share, for the three months ended Dec. 31, 1991.
 Revenues for the first quarter ended Dec. 31, 1992, were $4.6 million and $1.6 million for the comparable period in 1991. The increase in revenues is primarily due to the acquisition of Tidel Engineering, Inc., on Sept. 30, 1992. Tidel's three months' sales of approximately $3 million are included in the first quarter operating results. 3CI Complete Compliance Corporation ("3CI") (NASDAQ Small Cap: TCCC) also had a 2.3 percent increase in revenues on approximately 50,000 less pounds of medical waste processed over the same three-month period in 1991.
 Tidel's results of operations had a significant positive impact on AMT for the three months ended Dec. 31, 1992. Leonard A. Bedell, executive vice president, said, "The Tidel acquisition contributed approximately $200,000 of net income for the quarter and continues to exceed our budgeted revenue and net income expectations. While 3CI's losses were approximately $151,000, they improved $480,000 over the fourth quarter loss in fiscal 1992. 3CI's revenues increased 2.3 percent on less volume processed, reflecting the company's strategy of replacing lower priced waste volume with more profitable business. Management continues to believe 1993 will reflect significant improvement in our operating results and financial condition due to the acquisition of Tidel and the improvement in 3CI's operations.
 "AMT has attained substantial progress in positioning the company as a significant participant in the environmental and technology industries. The results of Tidel have far exceeded our initial expectations. The demand for Tidel's newest product line, the AnyCard(TM) low cost teller machine, is significantly exceeding its first year budgeted unit sales. Tidel's newest fuel storage tank monitoring system, the EMS 3500(TM), has enjoyed overwhelming strong initial orders and the company's market share of this business is dramatically improving," Bedell stated.
 AMERICAN MEDICAL TECHNOLOGIES, INC. AND SUBSIDIARIES
 Summary Financial Data
 (In thousands, except per share data)
 Consolidated Operating Data
 Three months ended Dec. 31 1992 1991
 (Unaudited)
 Revenues $ 4,644 $ 1,625
 Net income (loss) $ (256) $ (333)
 Average number of shares outstanding 12,618 7,190
 Net income (loss) per share $(0.02) $(0.05)
 Consolidated Balance Sheet Data
 12/31/92 9/30/92
 (Unaudited)
 Cash and cash equivalents $ 491 $ 984
 Current assets 5,095 5,823
 Property, plant and equipment 2,304 1,784
 Total assets $16,031 $16,328
 Current liabilities $ 5,493 $ 5,641
 Long-term notes payable 1,650 1,815
 Minority interest in subsidiary 4,120 4,183
 Shareholders' equity 4,768 4,690
 Current working capital $ (398) $ 183
 Industry Segment Data
 Three months ended Manufacturing Medical Waste
 Dec. 31, 1992 Disposal
 Revenues $2,983 $1,662
 Operating income (loss) 218 (226)
 Investment and other income -- 75
 Total assets 7,289 9,886
 Depreciation and amortization $ 151 $ 125
 American Medical Technologies, Inc., acquired Tidel Engineering, Inc., on Sept. 30, 1992. The effect of Tidel is reflected in the balance sheet items and results of operations for the three months ended Dec. 31, 1992.
 -0- 4/6/93
 /CONTACT: Leonard A. Bedell, executive vice president and CFO of AMT, 713-783-8200/
 (AMOT)


CO: American Medical Technologies, Inc. ST: Texas IN: MTC SU: ERN

GK-OS -- NY017 -- 3381 04/06/93 10:45 EDT
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Date:Apr 6, 1993
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