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COMMUNICATIONS SYSTEMS ANNOUNCES FIRST QUARTER RESULTS

 COMMUNICATIONS SYSTEMS ANNOUNCES FIRST QUARTER RESULTS
 HECTOR, Minn., May 1 /PRNewswire/ -- Communications Systems, Inc.


(NASDAQ: CSII) (CSI) today announced revenues and net income for the first quarter ended March 31, 1992.
 Revenues for the first quarter of 1992 were $13,532,000 up 53 percent from the first quarter of 1991. The acquisition of Austin Taylor Communications, Ltd., which was effective Feb. 1, 1992, contributed $1,924,000 of the revenue increase.
 Net income for the first quarter of 1992 was $1,204,000, up 26 percent from the first quarter of 1991.
 Net income per share for the first quarter of 1992 was $.27 compared to $.22 for the first quarter of 1991.
 The 1992 annual meeting of shareholders of Communications Systems, Inc., will be held at the Minneapolis Marriott City Center, 30 South Seventh Street, Minneapolis, Minn., 55402, on Friday, May 15, 1992, at 11 a.m., Central daylight time.
 CSI headquartered in Hector, Minn., is principally engaged in the manufacture and sale of connecting devices for telephone equipment.
 COMMUNICATIONS SYSTEMS, INC.
 CONSOLIDATED SUMMARY OF EARNINGS
 Three Months Ended Percent
 3/31/92 3/31/91 Increase
 Revenues $13,532,181 $8,871,590 53
 Operating income 1,551,661 1,036,041 50
 Income before income taxes 1,654,300 1,258,297 31
 Income taxes 450,000 300,000 50
 Net income $1,204,300 $958,297 26
 Net income per share $.27 $.22 23
 Average shares outstanding 4,443,000 4,394,000
 -0- 5/1/92
 /CONTACT: Curtis A. Sampson, Paul N. Hanson or Avis J. Johnson, all of Communications Systems, 612-848-6231/
 (CSII) CO: Communications Systems, Inc. ST: Minnesota IN: TLS SU: ERN


DS -- MN003 -- 5368 05/01/92 10:08 EDT
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Publication:PR Newswire
Date:May 1, 1992
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