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LIBERTY TECHNOLOGIES, INC. ANNOUNCESESTIMATED SECOND QUARTER REVENUE AND EARNINGS

 CONSHOHOCKEN, Pa., July 9 /PRNewswire/ -- Liberty Technologies, Inc. (NASDAQ: LIBT) announced today that earnings for the quarter ended June 30, 1993, are expected to be in line with analyst expectations due to strong margins on less-than-expected revenues.
 Revenues for the quarter are expected to approximate $4.7 million, an increase of approximately 32 percent from the second quarter 1992 and up approximately 22 percent from the first quarter 1993. Revenues were affected by competition in the service sector.
 "Liberty's business continues to be strong," said R. Nim Evatt, CEO. "Product and technology development is moving ahead. We released three new products last quarter, all on or ahead of schedule. In addition, we signed important agreements with General Electric and Electricite de France to position us for growth internationally."
 Liberty Technologies, Inc., founded in 1984, develops equipment based on proprietary technologies to detect incipient failures, degraded conditions and potential non-performance of valves, motors and turbines. VOTES(R), Liberty's Valve Operation Test & Evaluation System, is the leading system for testing motor operated valves in the U.S. nuclear power industry.
 /delval/
 -0- 7/9/93
 /CONTACT: Stacy Bronstein of Liberty Technologies, 215-834-0330/


CO: Liberty Technologies, Inc. ST: Pennsylvania, Texas IN: SU: ERP

MK-MP -- PH011 -- 9877 07/09/93 11:37 EDT
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Publication:PR Newswire
Date:Jul 9, 1993
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