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CPT REPORTS THIRD QUARTER RESULTS

 CPT REPORTS THIRD QUARTER RESULTS
 EDEN PRAIRIE, Minn., May 21 /PRNewswire/ -- CPT Holdings, Inc., the


parent corporation of CPT Office Systems, Inc., the Eden Prairie-based office automation firm, today announced revenues of $1.5 million and a loss of $.5 million for the third quarter ended March 31, 1992.
 CPT HOLDINGS, INC.
 (In Thousand Except Per Share Date)
 Periods ended Third quarter Year
 March 31 1992 1991 1992 1991
 Total revenues $1,465 $3,009 $4,675 $10,477
 Net loss (505) (2,245) (1,502) (8,004)
 Net loss per share (.03) (.15) (.10) (.55)
 Loss per share for the three and nine months ended March 31, 1991 and 1992 are calculated on the basis of 2,890,240 shares Class B common stock issued to the company's prior shareholders (including the effect of two-for-ten reverse stock split); 5,780,480 shares of Class A common stock issued and to be issued to the company's prior creditors, and 5,780,480 shares of Class A common stock issued to Precise Plastic Products, Inc.
 All of the shares of Class A and Class B common stock described above are issued pursuant to the company's plan of reorganization approved in the company's Chapter 11 bankruptcy proceedings in July, 1991.
 -0- 5/21/92
 /CONTACT: Joe Kycek of CPT Holdings, 612-949-1819/ CO: CPT Holdings, Inc. ST: Minnesota IN: SU: ERN


SM-LR -- MN018 -- 3120 05/21/92 18:30 EDT
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Date:May 21, 1992
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