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MEDAR RELEASES THIRD QUARTER RESULTS

 FARMINGTON HILLS, Mich., Oct. 21 /PRNewswire/ -- Medar, Inc. (NASDAQ-NMS: MDXR) reported another record quarterly performance today. For the third quarter ended September 30, 1993, net earnings were $1,016,860, or $.15 per share, on net sales of $7,006,006, compared to third quarter earnings in 1992 of $811,379, or $.12 per share, on net sales of $5,533,709.
 For the nine months ended September 30, 1993, Medar, Inc. reported net earnings of $2,488,748, or $.37 per share, on net sales of $19,324,871, compared to nine month net earnings of $1,920,079, or $.29 per share, on net sales of $15,361,960 for 1992.
 "The year is turning out to be as strong a year as we expected, with all the market indicators positive," said Charles J. Drake, President and Chairman of Medar, Inc. "New orders for both the welding and vision segments have been strong, and should provide us with a much stronger fourth quarter than our last quarter in 1992.
 "Our goal of capturing world market share continues to progress, with this quarter marking the formal agreement to enter into a joint venture between Medar and Shanghai Electric Welding Machine Works of China. We are very optimistic about 1994, due to the continued explosive growth of CD-ROM and expectations that our China joint venture will be in full-swing."
 Medar, Inc. offers two unique areas of expertise to the industrial manufacturer: resistance welding controls and machine vision-based inspection systems. Medar's resistance welding controls assure weld quality and provide data about the welding process. Machine vision- based inspection systems assure consistent quality and are designed for the automatic inspection of compact discs, glass containers, and other manufacturing processes. Medar's common stock trades on the NASDAQ National Market with the symbol MDXR.
 -0- 10/21/93
 /CONTACT: Charles J. Drake or Gerald R. Smith of Medar, Inc., 313-477-3900/
 (MDXR)


CO: Medar, Inc. ST: Michigan IN: MAC SU: ERN

JG -- DE012 -- 5086 10/21/93 10:39 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
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