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BROCK CONTROL SYSTEMS, INC. ANNOUNCES RECORD THIRD QUARTER RESULTS

 ATLANTA, Oct. 22 /PRNewswire/ -- Brock Control Systems, Inc. (NASDAQ-NMS: BROC) is pleased to announce record revenues and net earnings for the third quarter ended Sept. 30, 1993.
 Revenues for the third quarter of fiscal 1993 increased 55 percent to $6,040,000 compared to $3,889,000 for the same period last fiscal year. Net earnings for the third quarter increased 136 percent to $565,000 compared to $239,000 a year ago. Fiscal 1993 third quarter earnings per share were $.12 compared to $.07 for the same period last year, taking into account a 50 percent increase in weighted average shares outstanding from 3,211,000 in the third quarter of 1992 to 4,817,000 in the third quarter of 1993 as a result of Brock's initial public offering on March 31.
 For the first nine months of fiscal 1993, revenues increased 46 percent to $16,284,000 compared to $11,186,000 for the same period last fiscal year. Net earnings for the first nine months increased 86 percent to $1,245,000 compared to $668,000 a year ago. Earnings per share for the first nine months of fiscal 1993 increased 38 percent to $.29 compared to $.21 during the same period a year ago despite weighted average shares outstanding increasing 32 percent from 3,211,000 to 4,229,000 as a result of Brock's initial public offering.
 Brock has licensed its products to 850 clients worldwide with 18,500 users and has been recognized as "A Company to Watch" in the Software Magazine Top 100 Special Issue for the second consecutive year. The company develops, markets and supports an integrated family of software products offering "closed-loop" information management systems for sales, marketing and customer service in more than 15 countries using eight different languages. Headquartered in Atlanta, Brock has a network of distributors located in Australia, Belgium, England, France, Germany, Italy, New Zealand, Spain and Sweden.
 BROCK CONTROL SYSTEMS, INC.
 Selected Financial Information
 (Unaudited)
 (In thousands, except per share data)
 Quarter ended 9 months ended
 9/30/93 9/30/92 9/30/93 9/30/92
 Revenues $ 6,040 $ 3,889 $16,284 $11,186
 Operating earnings 700 421 1,761 1,151
 Earnings before income taxes 821 390 1,921 1,090
 Net earnings 565 239 1,245 668
 Earnings per share .12 .07 .29 .21
 Wtd. avg. shares outstanding 4,817 3,211 4,229 3,211
 -0- 10/22/93
 /CONTACT: Mike Kohlsdorf, chief financial officer, 404-431-1763, or E. Faulkner Stevenson, public relations director, 404-431-1290, both of Brock Control Systems/
 (BROC)


CO: Brock Control Systems, Inc. ST: Georgia IN: CPR SU: ERN

BN-BR -- AT001 -- 5535 10/22/93 07:00 EDT
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Publication:PR Newswire
Date:Oct 22, 1993
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