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LICON INTERNATIONAL ANNOUNCES THIRD QUARTER RESULTS

 LICON INTERNATIONAL ANNOUNCES THIRD QUARTER RESULTS
 PENSACOLA, Fla., Nov. 12 /PRNewswire/ -- LICON International, Inc.


(NASDAQ: LCON), today reported its operating results for the third quarter and the nine months ended Sept. 30, 1991.
 LICON INTERNATIONAL, INC.
 Results of Operations
 (Unaudited)
 Periods ended Three Months Nine Months
 Sept. 30 1991 1990 1991 1990
 Sales $2,365,970 $ 341,381 $3,120,575 $ 970,837
 Costs of goods sold
 & selling G&A 2,309,183 400,751 3,199,128 1,295,624
 Operating profits
 (loss) 56,787 (59,370) (78,553) (324,787)
 Interest exp. (net) 212,420 43,087 281,461 103,716
 (Loss) before
 income tax (155,633) (102,547) (360,014) (428,503)
 (Credit) for
 income taxes -- (2,251) -- (14,236)
 Net (loss) $ (155,633) $(100,206) $ (360,014) $ (414,267)
 Net (loss) per share $(.11) $(.13) $(.36) $(.57)
 Weighted aver. no. of
 com. shares used in
 computation of net
 (loss) per share 1,470,000 752,000 990,000 730,000
 LICON Has 2,294,122 common shares outstanding.
 LICON International, Inc., is a holding company formed to establish, acquire and manage companies in the waste treatment and purification sector. LICON Inc. designs, assembles and markets onsite and mobile equipment used to concentrate and purify hazardous and non-hazardous aqueous wastes.
 -0- 11/12/91
 /CONTACT: Robert Springer of LICON, 908-438-5738; or Michelle Sotnikow of Howard Bronson & Company, 212-867-6160, for LICON/
 (LCON) CO: LICON International, Inc. ST: Florida IN: SU: ERN GK-JT -- NY042 -- 3417 11/12/91 11:22 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 12, 1991
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