Bio-logic Systems earnings announcement.

MUNDELEIN, Ill.--(BUSINESS WIRE)--May 28, 1996--Bio-logic Systems Corp. (Nasdaq:BLSC) ("Bio-logic" or the "company"), a designer and marketer of computerized medical electrodiagnostic equipment, today announced operating results for its fiscal year ended Feb. 29, 1996.

Total revenues for fiscal 1996 increased 21 percent to $14,602,000 compared to $12,072,674 for fiscal 1995. The company had a 53 percent increase in operating income, which was $1,204,459 for fiscal 1996 compared to $787,150 for fiscal 1995. The company's net income increased 20 percent to $892,091 or $.21 per share for fiscal 1996 compared to $740,412 or $.18 per share for fiscal 1995. The weighted average number of shares were 4,344,913 for fiscal 1996 compared to 4,227,823 for fiscal 1995.

Operating income increased at a higher rate in fiscal 1996 (53%) than net income (20%), primarily because the company had a lower effective tax rate in fiscal 1995 (21.2%) compared to fiscal 1996 (32.3%) due to the utilization of some general business tax credits available and exhausted in fiscal 1995.

Gabriel Raviv, president of Bio-logic said, "fiscal 1996 total revenues increased about 21 percent over the prior year. Total revenues increased because of higher sales of the company's neurology as well as audiology business. During the fourth quarter of fiscal 1996 Bio-logic further reorganized and continued to expand its sales force; total revenue and operating results for the fourth quarter were negatively impacted by this action. Due to the sales reorganization and based on currently available sales data for the first quarter of fiscal 1997, revenues from sales are lower than those obtained in the first quarter of fiscal 1996, which could have a further negative impact on Bio-logic's operating results for the first quarter of fiscal 1997."

On May 16, 1996, the board of directors of the company authorized from time to time, the repurchase of shares of the company's common stock. -0-

               BIO-LOGIC SYSTEMS CORP.
            Condensed Financial Highlights
                Fiscal Year End Results
       Period Ended Feb. 29, 1996 and Feb. 28, 1995
                   Fiscal Year 1996

                                         Twelve Months Ended
                                        2/29/96      2/28/95

Net sales                           $14,602,000  $12,072,674
Net income (loss)                       892,091      740,412
Earnings per share                        $0.21        $0.18
Weighted average shares outstanding   4,344,913    4,227,823

CONTACT: Bio-logic Systems, Mundelein

Gabriel Raviv, 847/949-5200