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WINLAND ELECTRONICS REPORTS STRENGTHENED OPERATING PERFORMANCE ON FIRST QUARTER PROFIT AND 34 PERCENT INCREASE IN REVENUE

WINLAND ELECTRONICS REPORTS STRENGTHENED OPERATING PERFORMANCE ON FIRST
 QUARTER PROFIT AND 34 PERCENT INCREASE IN REVENUE
 MINNEAPOLIS, April 20 /PRNewswire/ -- Winland Electronics, Inc. announced today net income of $49,314, or $0.025 per share, for the first quarter ended March 31, 1992 compared to a net loss of $67,318, or $.034 per share, one year ago. The company also reported a 34 percent increase in sales to $701,713 from $522,653 reported last year.
 W. Kirk Hankins, Winland's president stated, "The company's improved operating performance resulted primarily from increased sales of our proprietary products as well as increased orders from our O.E.M. customers." He added, "Cost reductions that management implemented during fiscal 1991 also positively affected the company's bottom line."
 Winland Electronics, Inc., based in Mankato, Minn., designs, manufactures, and markets electronic and electro-mechanical products. The company's common stock is traded on the Minneapolis/St. Paul Over- the-Counter Market and is listed on the Pink Sheets.
 WINLAND ELECTRONICS, INC.
 STATEMENT OF OPERATIONS
 QUARTER ENDED MARCH 31
 1992 1991
 INCOME
 Sales $701,713 $522,653
 Cost of Sales (480,792) (355,940)
 GROSS PROFIT ON SALES 220,921 166,713
 OPERATING EXPENSES
 General & Administrative $101,876 134,360
 Marketing 39,130 58,090
 Research & Development 8,811 16,392
 TOTAL OPERATING EXPENSES $149,817 208,842
 Operating Income (Loss) 71,104 (42,128)
 Miscellaneous Income (98) (132)
 Interest Expense (21,693) (25,057)
 NET INCOME $49,314 $(67,318)
 Net Income Per Share $0.025 $(.034)
 Number of Shares Outstanding 2,002,811 2,002,811
 -0- 4/20/92
 /CONTACT: W. Kirk Hankins of Winland Electronics, 507-625-7231; or Christopher Sellwood of De Petra & Associates, Inc., 612-338-7630, for Winland Electronics/ CO: Winland Electronics, Inc. ST: Minnesota IN: CPR SU: ERN


AL -- MN013 -- 0167 04/20/92 15:00 EDT
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Date:Apr 20, 1992
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