American Business Computers reports 3rd quarter results.

AKRON, Ohio--(BUSINESS WIRE)--March 22, 1995--American Business Computers Corp. (NASDAQ:ABCC) reported today results for the third quarter and nine months ended Jan. 28, 1995.

For the third fiscal quarter, revenues were $463,000, compared to $1,428,000 in the same period last year. Including a non-recurring charge of $1,000,000 for legal fees and other costs in connection with an out-of-court settlement of a class action lawsuit and the amicable resolution of a contract dispute with the Pepsi-Cola Co., the net loss amounted to $1,552,000, or 10 cents per share versus a net loss of $98,000, or 1 cent per share, a year earlier.

For the nine months of the fiscal year, revenues totalled $2,994,000 versus $4,601,000 in the prior year. The net loss increased to $1,991,000, or 13 cents per share, from $426,000, or 3 cents per share in the prior year.

As previously announced, the company had expected a decline in its third quarter results due to the seasonal weakness of the paint business. In addition, there was a delay in a major order for paint dispensing systems due to recently developed technical advancements which required time for the customer to review. The prior year's third quarter and nine month results reflect initial orders for American Business Computers' first industrial dispensing product, an automated paint tint dispensing system developed for The Sherwin-Williams Co., which has exclusive rights to its paint dispensing technology in the United States, Canada and Mexico.

During the current third quarter, the company appointed Randolph D. Letsch as vice president-sales, who is responsible for further building the relationship with Sherwin-Williams and expanding American Business Computers' paint dispensing business overseas. Last month, the company reported that it had received its first production order for its second product, a small scale, computerized paint tint dispensing system, from Sherwin-Williams.

American Business Computers Corp. is engaged in research, development and commercialization of automated dispensing technologies which have broad industrial applications.

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AMERICAN BUSINESS COMPUTERS CORPORATION
Financial Highlights (Unaudited)

               For the Three Months Ended    For the Nine Months Ended
               __________________________    _________________________
                  1/28/95        1/31/94        1/28/95        1/31/94
                  _______        _______        _______        _______

Revenues       $   463,000     $1,428,000     $2,994,000     $4,601,000
Net loss
 before 1995
 non-recurring
 charge           (552,000)(a)    (98,000)      (991,000)(a)   (426,000)
Non-recurring
 legal expenses (1,000,000)          --       (1,000,000)          --
Net loss        (1,552,000)(a)    (98,000)    (1,991,000)(a)   (426,000)
Net loss per
 share               ($.10)         ($.01)         ($.13)         ($.03)
Average number
 of shares
 outstanding    15,992,000     14,046,000     15,556,000     13,931,000

(a) Includes $1,000,000 non-recurring accrual for legal fees and
    other costs in connection with an anticipated out-of-court
    settlement of a class action lawsuit and the amicable
    settlement of a contract dispute with the Pepsi-Cola Co.

CONTACT: American Business Computers Corp.

Sylvia Dresner, 212/575-6567 (New York)