Advanced NMR Systems reports 173% revenue increase & sharply reduced loss.

WILMINGTON, Mass.--(BUSINESS WIRE)--March 31, 1995--Advanced NMR Systems, Inc. (NASDAQ:ANMR) today reported a 173% revenue increase and a sharp reduction in net loss for the year ended Dec. 31, 1994.

Revenues for 1994 rose to $5,288,000 from the $1,936,000 reported for 1993. The growth in revenues stemmed from an increase in the number of systems shipped with services provided in the MRI retrofit market. Part of the increase was attributable to two sales made to Great Britain and South America.

The net loss for 1994, which includes the company's share of losses in its majority-owned subsidiary Advanced Mammography Systems, Inc. (NASDAQ:MAMO), amounted to $3,547,000, or $0.15 per share, a sharp reduction from the net loss of $6,167,000, or $0.32 per share, reported for 1993.

The company noted that it expects to generate significant revenue in 1995 from its InstaScan retrofit package and its high field 3T and 4T systems and looks for additional service contract income. While Advanced Mammography's development stage losses have negatively impacted ANMR's performance thus far, it is expected that AMS sales will commence in 1995.

Advanced NMR Systems, Inc. is a leader in the development and manufacture of sophisticated ultra-fast magnetic resonance imaging technology for clinical applications and advanced research. The company is developing other dedicated systems for emergency room head trauma, functional neuro-imaging and orthopedic applications.

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               ADVANCED NMR SYSTEMS, INC. AND SUBSIDIARY
                 Consolidated Statements of Operations

                                 Year Ended December 31,
                                 1994              1993
Revenue
 System sales                    $5,237,700        $1,894,900
 Other revenue                       50,500            41,057
Total revenues                    5,288,200         1,935,957

Total operating expense           9,725,626         7,731,293

(Loss) from operations           (4,437,426)       (5,795,336)
Net Loss                        $(3,546,998)      $(6,166,950)
Net loss per share                   $(0.15)           $(0.32)
Weighted avg. shares outstanding  23,603,251        19,184,275

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CONTACT: Advanced NMR Systems, Inc.

Charles Moche, CFO

201/592-8838

or

H.L. Lanzet, Inc.

Herbert L. Lanzet/Paul Holm

212/687-0061