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FLORAFAX INTERNATIONAL, INC. REPORTS RESULTS FOR QUARTER

 TULSA, Okla., Jan. 29 /PRNewswire/ -- Florafax International, Inc. (NASDAQ: FIIF), today reported a consolidated net loss of $700,000 -- ($.14) per share -- for the three months ended Nov. 30, 1992, on net revenues of $1,578,000 as compared to a consolidated net loss of $185,000 -- ($.04) per share -- on net revenues of $1,818,000 for the three months ended Nov. 30, 1991.
 Net revenues primarily consist of order transactions, charge card, advertising and membership fees received from the company's florist members net of payments made to members for filling wire service orders.
 Florafax is headquartered in Tulsa, and provides a nationwide wire service and related services to its member florists as well as full service credit card processing for thousands of U.S. businesses and professionals. Its common stock is traded over-the-counter under the NASD symbol "FIIF."
 -0- 1/29/93
 /CONTACT: Ronald W. Fore of Florafax, 918-624-2106/
 (FIIF)


CO: Florafax International, Inc. ST: Oklahoma IN: SU: ERN

GK-OS -- NY070 -- 0863 01/29/93 15:25 EST
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Publication:PR Newswire
Date:Jan 29, 1993
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