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LASERTECHNICS INC. REPORTS FIRST HALF RESULTS

 ALBUQUERQUE, N.M., Aug. 20 /PRNewswire/ -- Lasertechnics Inc. (NASDAQ: LASX) reported revenue of $3,156,023 for the six months ended June 30, 1993, which was 20 percent less than the $3,930,560 reported in the same half a year earlier. The decrease was due to decreases in both imaging product sales and laser marking system sales.
 Net loss for the first half was $780,647, or $0.048 per share, compared to the net loss of $288,344, or $0.019 per share, for the first six moths of 1992.
 Lasertechnics's president and chief financial officer, Gene Bourque, stated, "While we are unhappy with first half operating results which reflected a general discomfort with the economy by potential customers, we are pleased that bookings increased significantly on products for delivery in the second half of the year. The company has a backlog at June 30, 1993 of $1,744,314, all of which will be shipped in 1993. This compares to a backlog of $898,378 at the same time last year.
 Lasertechnics Inc. designs, manufactures and markets laser marking systems for the electronics, medical, and consumer packaging industries. The company also designs, manufactures and markets digital imaging systems for a variety of image processing applications.
 LASERTECHNICS INC. & SUBSIDIARY
 Condensed Consolidated Statement of Operations
 (Unaudited)
 For the six months ended June 30,
 1993 1992
 Sales $3,156,023 $3,930,560
 Net loss ($780,647) ($288,344)
 Net loss per share ($0.048) ($0.019)
 Weighted average number of
 common shares outstanding 16,181,719 14,870,480
 For the three months ended June 30,
 1993 1992
 Sales $1,664,295 $1,947,101
 Net loss ($444,398) ($159,301)
 Net loss per share ($0.027) ($.011)
 Weighted average number of
 common shares outstanding 16,759,257 14,888,653
 -0- 8/20/93
 /CONTACT: Gene Bourque, president and CFO, or Gary Tomlin, treasurer & corporate controller of Lasertechnics, 505-822-1123/
 (LASX)


CO: Lasertechnics Inc. ST: New Mexico IN: CPR SU: ERN

LM-MF -- SD003 -- 4783 08/20/93 18:02 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
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