ATS Money Systems reports financial results.

ENGLEWOOD, N.J.--(BUSINESS WIRE)--Nov. 8, 1995--ATS Money Systems Inc. (OTC BULLETIN BOARD:ATSM) announced today its results of operations for the quarter and nine months ended Sept. 30, 1995: -0-

                     Quarter ended Sept.30   Nine months ended Sept. 30
                      1995        1994        1995        1994

Total revenues     $2,172,093  $1,581,484  $6,067,514   $3,735,702
Net (Loss) income  $(100,814)  $  141,032  $  196,311   $  255,186
Earnings (Loss)
 per share             $(.02)       $ .02       $ .03        $ .04

-0-

    Gerard F. Murphy, chief executive officer of ATS Money Systems
Inc., commented,  "Revenues for the third quarter of 1995 were
$2,172,093 compared to $1,581,484 for the comparable period of 1994.
This $590,609 (37.3%) increase was primarily due to an increase in
revenues from the new subsidiary (IEI) amounting to $500,804 or 84.8%
of the total increase.  Excluding IEI revenues, ATS sales of
equipment and systems were $960,097 for the three months ended
September 30, 1995 compared to $952,329 for the comparable period of
1994 - an increase of $7,768 (.8%).
    ATS maintenance agreement revenue rose to $482,223 for the three
months ended Sept. 30, 1995, an increase of $82,037 (20.5%) over the
comparable period of 1994.  This is attributable to a larger number
of systems under contract.
    Cost of goods sold and service expenses increased from 39.0% in
the third quarter of 1994 to 41.0% in the same period of 1995.
Maintenance costs declined from 34.7% to 33.3% due to a greater
number of less costly systems being under contract.
    Selling, general and administrative expenses increased $581,789
(70.6%) to $1,406,309 for the three months ended September 30, 1995.
Settlement Agreement expenses referred to in the Proxy Statement
issued for the October 31, 1995 Annual Meeting and in Note 10 to the
consolidated financial statements included in the 10QSB filed November
3, 1995, amounted to $363,727 consisting of $349,007 in legal fees
and $14,720 in accounting fees.  The operation of the new subsidiary
(IEI) accounted for $281,338 of the increase (three months 1995 vs.
one month 1994).  Other ATS expenses decreased $63,276 (9.0%) due
primarily to lower professional fees paid to consultants.
    As a result of the foregoing, the Company sustained a loss of
$100,814 for the three months ended Sept. 30, 1995 compared to net
income of $141,032 for the comparable three months of 1994."
    ATS Money Systems, Inc., with its wholly owned subsidiary,
Innovative Electronics, Inc., is engaged in the development, sales
and service of currency counting systems and equipment for
department and chain stores' cash offices and bank commercial vaults
and of communications systems primarily used by retail stores.

CONTACT: ATS Money Systems Inc.

Gerard F. Murphy, 201/894-1700