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PAYLINE SYSTEMS FIRST QUARTER SHOWS GROWTH TREND

 PORTLAND, Ore., Dec. 17 /PRNewswire/ -- Payline Systems Inc. (OTC Pink Sheets: PAYL), a Portland-based provider of telecommunications operator services, announced its fiscal '93 first-quarter report. The trend over the last five quarters is that of increasing revenues and profits with a decreasing net loss.
 Gross Revenues Gross Profit Net Loss
 '92 First Quarter $1,129,000 $140,000 $403,000
 '92 Second Quarter $ 865,000 $ 67,000 $532,000
 '92 Third Quarter $1,298,000 $217,000 $394,000
 '92 Fourth Quarter $2,709,000 $421,000 $378,000
 '93 First Quarter(A) $3,233,000 $668,000 $170,000
 NOTE (A): Quarter ended Oct. 30, 1992. Fiscal year running July to July.
 According to Roger Pease, president of Payline, "The success of the first quarter is due to a continued penetration of existing markets with an aggressive sales program and improved network capabilities." Pease also said that improvement in profit margins is due to increased volume and decreased per-unit network costs. Payline's gross profit margin this quarter is higher than any time in the last six quarters and the net loss is the lowest since '88.
 Payline is testing a new service called Money Talk(SM). Money Talk saves long-distance callers 10 to 53 percent off calling card and collect calls. To use this service, a caller dials 10767 + 0 + area code + the number to be called. This test market campaign is targeted to college students, Oregon convention attendees and guests at selected hotels. The campaign has shown positive results.
 An eight-year-old company, Payline is one of the oldest in the telecommunications operator services industry. The company's common stock, PAYL, is traded over-the-counter on the "pink sheets" published by the National Quotation Bureau. Payline currently employs 65.
 -0- 12/17/92
 /CONTACT: Wendy Lane of Lane Advertising & Public Relations, 503-221-0480, for Payline Systems/


CO: Payline Systems Inc. ST: Oregon IN: TLS SU:

SW-LM -- SE001 -- 8014 12/17/92 07:55 EST
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Publication:PR Newswire
Date:Dec 17, 1992
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