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SAND TECHNOLOGY SYSTEMS INTERNATIONAL REPORTS SECOND QUARTER PROFIT

 MONTREAL, March 5, /PRNewswire/ -- Sand Technology Systems International (NASDAQ: SNDCF) today announced a net income for its second fiscal quarter ended Jan. 31, 1993 of $107,901 or 0.02 per share on sales of $4,991,175 as compared to a net income of $782,696 or $0.18 per share on sales of $9,139,367 for the fiscal quarter ended Jan. 31, 1992. Sales for the six months ended Jan. 31, 1993 were $10,335,800 as compared to $21,251,151 for the six months ended Jan. 31, 1992.
 The substantial decrease in sales from the corresponding periods in fiscal 1992 was due primarily to an overall decrease in sales in the mainframe market generally and also reflects the large swings in sales on a quarterly basis which are typical of the industry.
 The company continued to emphasize its ongoing efforts to reduce selling, general and administration expenses during the second quarter of fiscal 1993 reporting an amount of $482,514, down from $546,751 in the second quarter of fiscal 1992.
 Arthur G. Ritchie, president and chief executive officer of Sand, stated that the effects of continued discounting by competitors adversely affected Sand in the first half of fiscal 1993, but he noted that net income for the second quarter showed some improvement over net income for the first quarter of the current fiscal year. Mr. Ritchie added that work was actively progressing on the development of new products.
 Sand Technology Systems International markets complete large-scale IBM compatible computer systems and sophisticated information systems products in Canada and computer printers in the U.S.A.
 SAND TECHNOLOGY SYSTEMS INTERNATIONAL INC.
 Consolidated Statement of Operations
 (Unaudited, in Canadian Dollars)
 Period Ended For the three months For the six months
 January 31, 1993 1992 1993 1992
 Sales 4,991,175 9,139,367 10,335,800 21,251,151
 Income from
 operations 320,776 1,043,834 893,664 1,492,815
 Share of equity
 in affiliate (202,356) (196,710) (674,162) 44,639
 Net income 107,901 782,696 172,191 1,506,039
 Net Income per share .02 .18 .04 .34
 Weighted average
 number of shares
 outstanding 4,432,103 4,431,028 4,432,103 4,430,630
 -0- 3/05/93
 /CONTACT: Vice-president, Sand Technology Systems International Inc., 514-939-3477/
 (SNDCF)


CO: Sand Technology Systems International ST: Quebec IN: CPR SU: ERN

LD -- NY003 -- 3318 03/05/93 08:00 EST
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Publication:PR Newswire
Date:Mar 5, 1993
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