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Corporate Vision Inc. announces second quarter results.


TULSA, Okla.--(BUSINESS WIRE)--August 20, 1996--Corporate Vision, Inc. (Nasdaq BB: CVIA CVIA - Computer Virus Industry Association) today announced its operating results for the three months and six months ended June 30, 1996.

Revenue for the second quarter of 1996 was $241,047, an increase of 700% compared to revenue of $30,113 for the second quarter of 1995. Net income for the second quarter of 1996 was $5,011 compared to a net loss of $(138,735) for the second quarter of 1995.

Revenue for the six months ended June 30, 1996 was $485,115, an increase of 436% compared to revenue of $90,486 for the six months ended June 30, 1995. Net income for the six months ended June 30, 1996 was $9,649 compared to a net loss of $(214,887) for the six months ended June 30, 1995.

Corporate Vision, Inc. is an interactive multimedia company that develops custom programs for Fortune 500 companies.

For more information about CVI, contact 1-800-720-2842. -0-

CORPORATE VISION, INC.
Unaudited Financial Results




                        Three Months Ended        Six Months Ended
                             June 30,                  June 30,
                         1996        1995          1996        1995


Revenue              $241,047     $30,113      $485,115     $90,486
Production expenses   103,947      83,389       180,092     159,438
General and
 administrative       127,676      82,469       284,511     140,082
Income (loss) from
 operations             9,424    (135,745)       20,512    (209,034)
Net income (loss)       5,011    (138,735)        9,649    (214,887)
Earnings per share      $0.00      ($0.02)        $0.00       (0.03)
Weighted average
 shares            11,559,704   8,446,841    10,810,184   8,212,210




CONTACT: Corporate Vision Inc., Tulsa

1-800-720-2842
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 20, 1996
Words:267
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