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COMMAND SECURITY ANNOUNCES FIRST QUARTER RESULTS

 COMMAND SECURITY ANNOUNCES FIRST QUARTER RESULTS
 LAGRANGEVILLE, N.Y., Aug. 17 /PRNewswire/ -- Command Security


Corporation (NASDAQ: CMMD) today announced results for the first quarter ended June 30, 1992.
 COMMAND SECURITY CORPORATION
 Consolidated Condensed Statement of Income
 (Unaudited)
 Quarter ended June 30 1992 1991
 Revenue $11,258,432 $9,121,234
 Net earnings 92,372 50,639
 Net earnings per share $.04 $.02
 Weighted average shares outstanding 2,339,500 2,060,700
 Revenue increased by 23 percent in the first quarter of 1992 compared to the same quarter last year primarily due to additional volume in service company contracts under which COMMAND provides payroll, billing services and accounts receivable financing to selected security guard companies nationwide.
 William C. Vessell, president, commented, "COMMAND is continuing to achieve stellar growth rates with no help from our sluggish economy. Our growth plans call for continued aggressive marketing of service contracts, reviewing possible acquisitions and the expansion of the security guard services we now provide."
 Command Security Corporation provides security services through company-owned offices in New York, Connecticut and Florida and provides back-office service agreements to independent security companies nationwide. COMMAND is the 21st largest security company in the United States as reported by the Security Letter.
 -0- 8/17/92
 /CONTACT: Gordon Robinett of Command Security, 914-454-3703, or Michelle Sotnikow of Howard Bronson & Company, 212-867-6160, for Command Security/
 (CMMD) CO: Command Security Corporation ST: New York IN: SU: ERN


TS-OS -- NY021 -- 0411 08/17/92 10:08 EDT
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Publication:PR Newswire
Date:Aug 17, 1992
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