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ZITEL ANTICIPATES QUARTERLY LOSS

 FREMONT, Calif., June 30 /PRNewswire/ -- Zitel Corp. (NASDAQ-NMS: ZITL) announced today that net sales for the quarter ending June 30 were trailing expectations and that it anticipates recording a significant loss for the quarter.
 Jack H. King, president and chief executive officer, said, "Certain market geographies and segments continue to remain sluggish and have resulted in customers reducing their budgets and delaying purchases. Accordingly, the company intends to further downsize and bring expenses in line with expected revenues. The company expects improved performance as a result of reducing expenses and increasing revenue as new product and market entries recently announced build momentum."
 Zitel Corp. specializes in the design, manufacture and marketing of high performance storage subsystems and high-speed data communications products for varied applications across a range of UNIX file-servers, mainframes and proprietary systems. These products are offered through systems integrators, value-added resellers and distributors, OEMs and directly to Unisys mainframe end-users.
 Zitel has offices across the United States, in London and Paris. The company is headquartered at 47211 Bayside Parkway, Fremont, CA 94538. Telephone: 510-440-9600 or 800-622-5020 (outside Calif.). FAX: 510-440-9666.
 NOTE: Zitel is a registered trademark of Zitel Corp. All other product names and brand names are trademarks or registered trademarks of their respective holders.
 -0- 6/30/93
 /CONTACT: Ted E. Buxton, corporate communications, or Henry C. Harris, chief financial officer, both of Zitel, 510-440-9600, or 800-622-5020 (outside Calif.)/
 (ZITL)


CO: Zitel Corp. ST: California IN: CPR SU:

SG-BR -- SJ001 -- 6991 06/30/93 08:01 EDT
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Publication:PR Newswire
Date:Jun 30, 1993
Words:250
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