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NATIONAL TECHTEAM ANNOUNCES RECORD FIRST-QUARTER EARNINGS AND REVENUES

NATIONAL TECHTEAM ANNOUNCES RECORD FIRST-QUARTER EARNINGS AND REVENUES
 DEARBORN, Mich., April 21 /PRNewswire/ -- National TechTeam, Inc. (NASDAQ: TEAM) today announced that it had a net profit of $101,000 or $.01 per share, on revenues of $2,215,000 for the first quarter ended March 31, 1992. The 1992 first-quarter results represent a 12-percent increase in revenues and a 253-percent improvement in earnings over the first quarter of 1991. These results also represent record first- quarter earnings and revenues for the company.
 Management expects this positive trend to continue for the second quarter and throughout the remainder of the year. As a result of an aggressive marketing campaign, National TechTeam was able to develop a number of new business relationships during the latter part of 1991. These new business relationships along with an increased amount of new business within TechTeam's existing client base is expected to significantly contribute to revenues and earnings for 1992.
 National TechTeam, Inc., a public company since 1987, is headquartered in Dearborn, and is traded on NASDAQ under the symbol "TEAM."
 NATIONAL TECHTEAM, INC.
 Quarter Ended March 31 1992 1991
 Revenues $2,215,000 $1,970,000
 Net income (loss) 101,000 (66,000)
 Net income (loss) per share .01 (.01)
 Average shares outstanding 8,314,984 6,864,547
 -0- 4/21/92
 /CONTACT: William F. Coyro Jr., president and CEO, or Douglas Howard, CFO, National TechTeam, Inc., 313-277-2277/
 (TEAM) CO: National TechTeam, Inc. ST: Michigan IN: CPR SU: ERN


JG -- DE006 -- 0461 04/21/92 09:51 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
Words:254
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