CIS TECHNOLOGIES ANNOUNCES RECORD REVENUE AND OPERATING INCOME.

Inc. (Nasdaq/NM:CISI) today announced financial results for the third quarter and nine months ended September 30, 1995.

For the quarter ended September 30, 1995, revenue was $12.7 million, an increase of 66% compared with $7.7 million for the third quarter of 1994. Operating income for the third quarter of 1995 was $1.6 million compared to $644,000 for the same quarter of 1994, representing an increase of 155%. Third quarter 1995 net income was $959,000, or $0.03 per share, an increase of 90% compared with net income of $504,000, or $0.02 per share, for the same quarter in 1994.

Revenue for the nine months ended September 30, 1995, was $32.2 million, an increase of 41% compared with $22.8 million for the same period last year. Operating income for the first nine months of 1995 was $3.9 million compared with $1.7 million for the first nine months of 1994, a 131% increase. Year-to-date net income was $2.8 million, or $0.09 per share, compared with net income of $1.5 million, or $0.06 per share, for the same period last year.

Philip D. Kurtz, chairman and chief executive officer of CIS Technologies, said, "While we are pleased with this growth, we believe that we have only just begun to tap the true potential of our company. The growth strategy we implemented in 1994 and the well conceived strategic alliances we have consummated have been major factors in developing this positive momentum. As a result, a number of complimentary articles have been written about our company in healthcare trade publications. In addition, we have received expanded analysts' coverage, for which we are grateful. This positive momentum for our company is driven by the sound growth platform that we have in place."

James L. Hersma, president and chief operating officer of CIS Technologies, said, "We remain pleased with our progress to date. During the third quarter, our newest acquisition and wholly owned subsidiary, Hospital Cost Consultants (HCC), concluded important agreements with three major healthcare systems. Our operational success is being translated into top and bottom line growth. However, none of this improvement would have been possible without the efforts of our dedicated associates, who are on the front lines, aggressively meeting the challenges of market-driven healthcare reform."

CIS Technologies, Inc. is a full-service healthcare reimbursement and business office management company. CIS offers technology-based products and services that enable healthcare organizations to realize their full financial potential. Through proven methods to enhance business office efficiency, creative financing alternatives, state-of-the-art managed care and clinical practice management systems, and EDI tools to reduce paperwork and administrative costs, all participants in a healthcare delivery system realize benefits. Currently, CIS products and services are delivering value to healthcare organizations in the United States and around the world -- with over 220 third-party payers in the United States and 1,075 clients in 38 states, England, Canada, Australia and New Zealand.

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                     CIS TECHNOLOGIES, INC.
                 Unaudited Financial Highlights
            (In thousands, except per share amounts)

                                       Three Months Ended
                                          September 30,
                                         1995     1994   % Change
Revenue                                 $12,695 $  7,657      66%
Operating income                        $ 1,639 $    644     155%
Net income                              $   959 $    504      90%
Net income per share                    $   .03 $    .02      50%

                                        Nine Months Ended
                                          September 30,
                                         1995     1994   % Change
Revenue                                 $32,159 $ 22,758      41%
Operating income                        $ 3,935 $  1,706     131%
Net income                              $ 2,828 $  1,537      84%
Net income per share                    $   .09 $    .06      50%

CONTACT: CIS Technologies Inc., Tulsa

Richard A. Evans, 918/496-2451