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FLORAFAX INTERNATIONAL REPORTS NET INCOME

 TULSA, Okla., April 5 /PRNewswire/ -- Florafax International, Inc. (NASDAQ: FIIF) reported consolidated net income of $77,000 ($.02 per share) on net revenues of $2,006,000 for the three months ended Feb. 28, 1993 as compared to a consolidated net loss of $98,000 ([$.02 per share]) on net revenues of $2,007,000 for the three months ended Feb. 29, 1992.
 Results from operations improved significantly in this three month period compared to the same three month period of last year. Operating income was $220,000 for the three months ended Feb. 28, 1993 compared to an operating loss of $197,000 for the three months ended Feb. 29, 1992. Litigation settlement expenses of $101,000 significantly affected the difference between operating income of $220,000 and net income $77,000 for the three months ended Feb. 28, 1993.
 For the six months ended Feb. 28, 1993, the company reported a consolidated net loss of $623,000 ([$.12 per share]) on net revenues of $3,584,000 as compared to a consolidated net loss of $283,000 ([$.05 per share]) on net revenues of $3,825,000 for the six months ended Feb. 29, 1992.
 Net revenues primarily consist of floral and credit card transactions, credit card equipment leases, and advertising and membership fees received from the company's florist members net of payments made to members for the fulfillment of floral 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 on the NASDAQ symbol "FIIF."
 -0- 4/5/93
 /CONTACT: Ronald W. Fore of Florafax International, 918-624-2106/
 (FIIF)


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

AH-SH -- NY046 -- 3131 04/05/93 15:07 EDT
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Date:Apr 5, 1993
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