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nVIEW CORPORATION REPORTS FIRST QUARTER RESULTS

 NEWPORT NEWS, Va., April 26 /PRNewswire/ -- nVIEW Corporation (NASDAQ-NMS: NVUE) today announced its financial results for the first quarter ended March 31, 1993. Net income for the quarter was $37,000 or 1 cent per share, compared with $570,000 or 12 cents per share in the first quarter of 1992. Sales for the first quarter of 1993 were $7.2 million, compared with $7.4 million for the same quarter last year. The gross profit margin for the first quarter of 1993 was 35 percent, compared with 32 percent for the first quarter of 1992.
 William M. Donaldson, nVIEW's president and chief executive officer, commenting on the company's performance stated: "During the course of 1992 and in the first quarter of 1993, we continued with our overall growth plans and invested considerable time and money in the development of new products and in creating the infrastructure to allow the company to compete more effectively in the rapidly growing electronic image projection industry. Although we will continue to develop and refine the actions we initiated last year, our focus for the remainder of 1993 and beyond will be to concentrate our efforts on increasing the markets for our growing line of high quality projection products and to secure a larger share of the business within those markets."
 Total assets on March 31, 1993, were $28.3 million, compared with $31.9 million on the same date in 1992 and $28.7 million on Dec. 31, 1992. Shareholders' equity on March 31, 1993, was $23.9 million, compared with $27.1 million at the end of the first quarter of 1992 and $23.7 million on Dec. 31, 1992.
 Highlighting another event occurring during the quarter, Donaldson added: "nVIEW was again recognized for its product quality and performance with the receipt of Computer Reseller News 'Editors' Choice Award' for our ViewFrame Spectra C projection panel product. In giving this award Computer Reseller News cited the quality of the Spectra C's image, color and contrast. The publication also complimented nVIEW for the value of the product's distribution support program. We are honored by this award and proud that nVIEW continues to be recognized by its industry as a leader in the production of quality products."
 nVIEW Corporation is a leading manufacturer of projection products which display electronic images generated from a variety of computer and video sources, utilizing liquid crystal display technology. Headquartered at 860 Omni Boulevard, Newport News, Va., 23606, with an additional sales and service office in Luxembourg, nVIEW's products are sold through a worldwide network of dealers and distributors.
 nVIEW CORPORATION AND SUBSIDIARIES
 Financial Summary
 Three Months Ended
 March 31, 1993 March 31, 1992
 Sales $7,169,853 $7,366,798
 Net Income $37,474 $570,206
 Average Shares 5,014,953 4,865,165
 Earnings Per Share 1 cent 12 cents
 As of As of
 March 31, 1993 March 31, 1992
 Total Assets $28,343,021 $31,852,991
 Current Liabilities $4,483,882 $4,750,093
 Shareholders' Equity $23,859,139 $27,102,898
 -0- 4/26/93
 /CONTACT: James A. Kirkpatrick, investor relations of nVIEW, 804-873-1354/
 (NVUE)


CO: nVIEW Corporation ST: Virginia IN: CPR SU: ERN

DC-MH -- DC045 -- 1031 04/26/93 18:00 EDT
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Date:Apr 26, 1993
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