Bogen Communications International, Inc. 1997 Earnings Per Common Share Increased 31%, to $0.46.

RAMSEY, NJ--(BUSINESS WIRE)--March 30, 1988-- Bogen Communications International, Inc. (AMEX: BGN) ("Bogen" or "The Company") today announced results for its fourth quarter and year ended December 31, 1997.

Bogen's revenues for the year ended December 31, 1997 increased to $49,779,000 from $46,269,000 in 1996, of which $804,000 is related to the acquisition of NEAR, Corp., and net income available to common shareholders increased by 24% to $2,487,000, or $0.46 per common share, from $2,008,000, or $0.35 per share in 1996 (EPS on a fully diluted basis). Revenues for the fourth quarter ended December 31, 1997 were $12,644,000 versus $12,191,000 in the same period in 1996, and net income available to common shareholders was $613,000 compared to $658,000 in 1996. Fourth quarter net income, before preferred dividend cost associated with Bogen's stock purchase from Geotek Communications Inc. ("Geotek"), was $791,000, an increase of 20% over the comparable period in the prior year.

Bogen's European subsidiary, Speech Design GmbH, contributed revenues of $18,045,000 and net income after minority interest of $1,084,000 in 1997, compared to $15,603,000 and $443,000 respectively for 1996.

Yoav M. Cohen, Senior Vice President and CFO, commented: "The fourth quarter of the fiscal year was a turning point for the Company. In November 1997, we raised $20 million through a private placement of 9% convertible preferred shares. Bogen purchased 64% of its common stock held by Geotek for $18.5 million, and the remaining proceeds were kept for general corporate purposes. Our Board of Directors was restructured to include representatives of the new group of outside investors, enabling us to pursue our own independent strategic plan, and to focus more closely on our core products and markets. In addition, the 1997 transaction brought us a new CEO and President, who also invested independently in the Company. We are looking forward to an exciting period of growth and sustained leadership."

Bogen's CEO, Jonathan Guss, said, "Since Michael Fleischer and I assumed our roles at Bogen last December, everything we have seen confirms our belief that the Company is well-positioned for continued improvements in profitability. We are aggressively pursuing attractive strategic transactions. We have been able to fill the pipeline with acquisition candidates for us to review, and we have taken steps to identify sources of financing in order to support these efforts."

Discussing internal profit improvements, Bogen's President Michael P. Fleischer said, "I am encouraged by the opportunities we have found that may enable us to bolster our margins in the intermediate term. We are examining our supplier relationships, product designs, policies, processes and procedures, and we are beginning to find and implement meaningful changes. Finally, we expect to find opportunities to improve revenue growth for Bogen's domestic core products."

Bogen Communications International, Inc., based in Ramsey, New Jersey, and in Munich, Germany, develops, manufactures, and markets telecommunications peripherals and sound processing equipment. Bogen's products are sold to commercial, industrial, professional and institutional customers worldwide. -0- Bogen (R) is a registered trademark of Bogen Communications, Inc. Copyright 1998, All Rights Reserved, Bogen Communications, Inc. -0- Except for historical information contained herein, the statements made in this release constitute forward-looking statements that involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward looking statements, including revenue and gross margin projections, future expense levels, potential acquisitions and divestitures, and other risks detailed from time to time in Bogen's reports on file at the Securities and Exchange Commission, including Bogen's Form 10-K for the fiscal year ended December 31, 1997. -0-

               Bogen Communications International, Inc.
                           Financial Summary
     (In Thousands of Dollars, Except Share and Per Share Amounts)


                             Three Months Ended       Year Ended
                                December 31,          December 31,
                              1997       1996        1997        1996
                              ----       ----        ----        ----
Revenues                   $12,644     $12,191    $49,779     $46,269

Cost of goods sold           6,661       6,376     26,685      25,004
                          ---------- ----------   ---------  ---------

 Gross profit                5,983       5,815     23,094      21,265

Operating expenses:
 Research and development      599         742      2,591       2,892
 Selling, general and
  administrative             3,948       4,082     14,939      14,360
 Amortization of goodwill
  and intangible assets        139         115        471         445
                           ---------  ----------  ---------   --------

Income from operations       1,297         876      5,093       3,568

Other (income) expenses:
 Interest expense, net          78         120        414         596
 Interest expense to related
  parties                       (1)         23         15          72

Minority interest of
 consolidated subsidiaries      144        109        537         337
Other (income) expense           21         --        (32)         --
                            ---------  ---------  ---------   --------

Income before provision for
 income taxes                 1,055        624      4,159       2,563

Provision for income taxes      264        (34)     1,494         555
                             --------  ---------  ---------   --------

Net income                      791        658      2,665       2,008

Preferred dividends             178         --        178          --
                             --------   --------  ---------    -------

Net income available to
 common shareholders           $613       $658     $2,487      $2,008
                           ==========  =========  =========  =========

Basic Net Income Per
 Common Share                 $0.14      $0.11      $0.46       $0.35
                           ==========  =========  =========  =========

Diluted Net Income Per
 Common Share                 $0.13      $0.11      $0.46       $0.35
                           ==========  =========  =========  =========

Weighted  Average Number of
 Common Shares Outstanding
 - Basic                  4,331,975   5,758,850  5,399,199  5,759,075
                          =========    ========   =======   ==========

Weighted Average Number
 of Common Shares
 Outstanding - Diluted    5,896,715   5,758,850  5,399,199  5,759,075
                          =========   ========= ==========  ==========

CONTACT: Bogen Communications International Inc.

Yoav M. Cohen

Senior Vice President, CFO

201-934-8500 ext. 1261