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HOWTEK INC. ANNOUNCES 1992 SECOND QUARTER RESULTS

 HOWTEK INC. ANNOUNCES 1992 SECOND QUARTER RESULTS
 HUDSON, N.H., July 20 /PRNewswire/ -- Howtek, Inc. (AMEX: HTK) today


announced summary results of its operations for the second quarter ended June 30, 1992. The company recorded second quarter revenues of $5,315,000, an increase of 80 percent from the $2,951,000 recorded in the same period in 1991 and a 50 percent increase over 1992's first quarter sales of $3,532,000. The company also announced a second quarter profit of $800,000 or 10 cents per share, compared to a loss of $1,385,000 or (18 cents) per share, recorded for the same period in 1991.
 The company attributed the substantial increase in sales during the first and second quarter primarily to its award winning D4000 drum scanner which was introduced during the third quarter of 1991. Sales for the Colorscan system increased slightly from the previous three quarters, however, economic conditions in both the domestic and foreign markets continue to hamper Colorscan sales, considerably lengthening the selling cycle.
 During the second quarter the company announced the signing of two significant OEM agreements with Autologic and Crosfield under which each company will distribute the Howtek D4000 drum scanner. Crosfield introduced its Magnascan 200i, at the TPG exhibition in Paris. Autologic introduced the APS-Colorscan, at the Pak-Print show in Australia, and the ANPA show in Atlanta.
 During the quarter the company also established manufacturing operations in Hudson, N.H., for the production of the D4000. This second source production facility will produce special configuration units and satisfy OEM customer demands. Preproduction units will be produced in July with full production beginning in August. The combination of Howtek's in-house capacity and its primary manufacturer will permit the company to meet the anticipated demand for the D4000.
 Howtek was founded in 1984 by its Chairman, Robert Howard, who was also founder of Centronics Data Computer Corp. in 1967 and co-founder and chairman of Presstek, Inc. in 1987. Howtek's product offering includes: SCANMASTER(tm), a series of drum, flatbed, and 35mm scanners, and COLORSCAN(R), a complete prepress color separation and page make-up system for newspapers, publishers and graphics arts markets. The company also offers workstations for design, composition, image capture and output, which operate interactively on local area networks incorporating various Howtek peripherals and proprietary software.
 Howtek is a publicly held corporation whose stock is traded on the American Stock Exchange under the symbol HTK.
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 NOTE: SCANMASTER AND COLORSCAN are Howtek trademarks.
 HOWTEK, INC.
 Consolidated Statement of Operations
 (unaudited)
 Three Months Ended Six Months Ended
 June 30, June 30,
 1992 1991 1992 1991
 Revenues $5,314,566 $2,950,953 $8,846,708 $6,142,976
 Cost of Sales 2,588,095 2,065,637 4,767,683 4,368,728
 Gross Profit 2,726,471 885,316 4,079,025 1,774,248
 Operating Costs 1,926,457 2,270,705 3,599,784 4,456,461
 Net Income (Loss) 800,014 (1,385,389) 479,241 (2,682,213)
 Net Income (Loss)
 per share 10 cents (18 cents) 6 cents (35 cents)
 Weighted shares
 outstanding 7,800,043 7,565,435 7,767,320 7,565,435
 -0- 7/20/92
 /CONTACT: Connie Webster of Howtek, 603-882-5200/
 (HTK) CO: Howtek, Inc. ST: New Hampshire IN: CPR SU: ERN


CH -- NE002 -- 0543 07/20/92 08:00 EDT
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Date:Jul 20, 1992
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