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ROCHESTER MEDICAL REPORTS FOURTH QUARTER RESULTS

 STEWARTVILLE, Minn., Nov. 30 ~PRNewswire~ -- Rochester Medical Corporation (NASDAQ: ROCM) today announced sales and net income for the fourth quarter and 12 months ended Sept. 30, 1992. Net sales for the fourth quarter and 12 months ended Sept. 30, 1992 were $37,653 and $374,981. The company reported a net loss for the fourth quarter and 12 months ended Sept. 30, 1992 of $385,468 (or 14 cents per share) and $810,611 (or 30 cents per share), respectively, compared to net loss of $296,168 (or 12 cents per share) and $160,653 (or 9 cents per share) for the year earlier periods, respectively.
 All the sales for fiscal year 1992 were sales of male external silicone catheters to Mentor Corporation. ROCM expects substantial sales increases in the coming year. Mentor forecasts significantly increased purchases of the all-silicone male external catheter, and ROCM recently began selling silicone Foley catheters through alternate distribution. ROCM also expects to begin marketing and selling its newly developed male external catheter in the near future after FDA approval.
 ROCM develops, manufactures and markets latex-free disposable medical catheters for urological applications.
 ROCHESTER MEDICAL CORPORATION
 Fourth Quarter Ended 12 Months Ended
 9~30~92 9~30~91 9~30~92 9~30~91
 Net sales $37,653 -- $374,981 --
 Net loss $(385,468) $(296,168) $(810,611)(a) $(160,653)(a)
 Net loss per share $(.14) $(.12) $(.30)(a) $(.09)(a)
 Average common shares
 outstanding 2,660,000 2,570,000 2,660,000 1,832,000
 (a) Commercial sales commenced in November 1991. Income during fiscal 1991 included a $500,000 one-time license fee from Mentor Corporation.
 -0- 11~30~92
 ~CONTACT: Anthony J. Conway, president and CEO, Rochester Medical Corporation, 507-533-4203~
 (ROCM)


CO: Rochester Medical Corporation ST: Minnesota IN: MTC SU: ERN

KH -- MN012 -- 2067 11~30~92 16:37 EST
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Publication:PR Newswire
Date:Nov 30, 1992
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