Correcting and replacing previous American Electromedics Q1 results FY 95.

AMHERST, N.H.--(BUSINESS WIRE)--Dec. 7, 1994--American Electromedics Corp. announced today the following Q1 Results FY 1995:

3 Mos Oct. 30           FY 1995      FY 1994

Revenues            $561,000.00  $686,000.00
Net income            77,000.00    63,000.00
Share earns
 net income                 .01          .01

Net income increased 22 percent on a sales decrease of 18 percent. This increase in income was due to a favorable sales mix and lower operating expenses.

The company's new product, The Pilot Audiometer, was introduced in August, 1994 with favorable results in both September and October. The second quarter of fiscal 1995 is expected to be stronger with Pilot sales results for the full three months.

The company is essentially debt free.

At Dec. 1, 1994, the company's bank has extended and increased its line of credit to $350,000.00 for an additional year.

American Electromedics Corp. is the inventor of the Tympanometer and the Pilot Audiometer, medical devices used to detect middle ear and hearing disorders, primarily in children.

Martin Bader, chairman, stated, "We are very optimistic regarding continued growth, both internationally and domestically, especially with the introduction of our newest product, the Pilot Audiometer."

CONTACT: American Electromedics Corp.

Martin Bader, 603/880-6300