AW Computer Systems, Inc. Reports Second Quarter And Six Month Results and OTC Listing.

MOUNT LAUREL, N.J.--(BUSINESS WIRE)--Aug. 29, 1996--AW Computer Systems, Inc. today reported that revenues for the second quarter ended June 30, 1996 were $130,119 compared to $1,279,353 in the same quarter in 1995.

For the second quarter in 1996, the Company reported a net loss of $1,071,244, or $0.22 per share, compared to net loss of $276,716, or $0.07 per share, in the comparable period last year. For the six months, revenues were $475,992 compared to $2,253,448 in the same period last year. For the first six months, the Company reported a net loss of $1,966,762, or $0.42 per share, compared to net loss of $840,791, or $0.21 per share, in the comparable period last year.

The Company also announced that it has been advised by the NASD that it does not meet their capital and surplus requirement to be included for quotation in the National Association of Securities Dealer's Automated Quotation System ("NASDAQ") and has been removed. The Company's Class A common stock will now be traded on the Over-The-Counter (OTC) Bulletin Board.

Mr. Welch, President and CEO, stated that, "The Company had aggressively sought to maintain the NASDAQ listing but was unable due to continuing losses." Mr. Welch further remarked, in a forward looking statement, that "the Company's immediate prospects to increase revenue rests on its ability to successfully market its completed Wizard product that has been fully operational in pilot stores for several months. Contract changes and subsequent discussions concerning our CPA development efforts are ongoing and their outcome may have a material consequence concerning the financial and technical aspects of the CPA product."

Since 1973, AW Computer Systems, Inc. has provided point-of-sale system solutions to such major retailers as Winn-Dixie Stores, Inc.; The Kroger Company; Albertson's, Inc.; Federated Department Stores; Ames Department Stores; Macy's; Safeway Stores; Bi-Lo, Inc.; Wal-Mart; Caldor, Inc., and The Hudson's Bay Company in Canada. Headquartered in Mount Laurel, New Jersey, AW is a Business Partner with the IBM Corporation, a Solution Partner with NCR Corporation, a Microsoft(R) Solution Provider, and is cooperating with Fujitsu-ICL Systems, Inc. in providing point-of-sale compatibility solutions to major retailers. -0-

AW COMPUTER SYSTEMS, INC.
Condensed Financial Results

Three and Six Months Ended June 30, 1996

     Three Months                                    Six Months
  1996        1995                                 1996      1995

$130,119  $1,279,353         Revenues            $475,992 $2,253,448

$1,071,244 $(276,716)       Net (loss)        $(1,966,762) $(840,791)

$(0.22)       $(0.07)   Net (loss) per share       $(0.42)    $(0.21)

4,840,869  3,989,957 Average shares outstanding 4,666,294  3,943,963

CONTACT: PDA Associates, Inc.

[phone]