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FISCHER IMAGING ANNOUNCES FINAL THIRD QUARTER RESULTS

 FISCHER IMAGING ANNOUNCES FINAL THIRD QUARTER RESULTS
 DENVER, Oct. 29 /PRNewswire/ -- Fischer Imaging Corp.


(NASDAQ-NMS: FIMG) reported final results for the third quarter ended Oct. 4, 1992. Revenues were $14.1 million compared to $14.7 million for the like quarter of one year ago. Earnings were reported at break even compared to 22 cents reported for the quarter one year ago.
 As previously reported, $2.5 million in shipments were delayed until the fourth quarter. "Fourth quarter operating margins are expected to be negatively impacted by incremental expenses related to a provision established for product installations not completed in the quarter, as well as operating expenses of the recent Bloom acquisition," said Roberto A. Cascella, chief financial officer and executive vice president. "Costs associated with the introduction of several new products will also impact profitability. We would look for profitability comparable to but not above results reported for the fourth quarter of 1991."
 Morgan W. Nields, chairman and chief executive officer, commented that, "Markets for the company's MAMMOTEST(R) stereotactic breast biopsy system and electrophysiology systems remain strong. The acceptance by medical professionals of core needle biopsy for diagnosing non-palpable breast lesions has advanced considerably during 1992. But we estimate that about 200 MAMMOTEST systems are currently used for only 20,000 procedures a year out of the 600,000 surgical breast biopsies performed."
 Nields added that, "Our order rate is 23 percent ahead of last year for the first nine months of 1992. The majority of the increase in orders relates to the company's MAMMOTEST stereotactic breast biopsy system and electrophysiology systems."
 The company also has recently received 510(k) clearance from the FDA to market two new products that will be introduced at the Radiological Society of North America (RSNA) at the end of November 1992.
 The company designs, manufactures and markets specialty and general purpose x-ray imaging systems for the diagnosis and treatment of disease. The company's newest product lines are directed toward medical specialties in which minimally invasive surgical techniques are replacing open surgical procedures.
 FISCHER IMAGING CORP.
 SELECTED FINANCIAL DATA
 (Unaudited)
 Third Quarter Ended Nine Months Ended
 Oct. 4, Sept. 29, Oct. 4, Sept. 29,
 1992 1991 1992 1991
 Net Revenue $14,128,336 $14,698,813 $46,083,039 $41,781,809
 Gross profit 4,973,311 5,664,491 17,474,983 15,845,035
 Operating
 expenses 4,980,509 4,422,925 15,140,161 12,834,354
 Earnings from
 operations (7,198) 1,241,566 2,334,822 3,010,681
 Earnings before
 income taxes 847 1,107,963 2,202,546 2,298,394
 Provision for
 income taxes --- 141,000 748,577 240,000
 Net earnings 847 966,963 1,453,970 2,058,394
 Dividends and costs
 related to Series
 A Preferred Stock --- --- --- 314,230
 Net earnings
 attributable to
 common and common
 equivalent shares $847 $966,963 $1,453,970 1,744,164
 Net earnings per
 common and common
 equivalent share --- $.22 $.26 $.44
 Weighted average
 common and common
 equivalent shares
 outstanding 5,514,802 4,454,231 5,521,982 3,923,099
 Oct. 4, 1992 Dec. 31, 1991
 Current assets $37,855,290 $35,616,985
 Total assets 47,933,504 39,039,334
 Total liabilities 22,194,570 14,870,412
 Stockholders' investment 25,738,934 24,168,922
 -0- 10/29/92
 /CONTACT: Roberto A. Cascella of Fischer Imaging, 303-452-6800; or Carl Thompson of Carl Thompson Associates, 303-494-5472, for Fischer Imaging/
 (FIMG) CO: Fischer Imaging Corp. ST: Colorado IN: HEA MTC SU: ERN


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Date:Oct 29, 1992
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