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AEQUITRON MEDICAL ANNOUNCES RECORD SALES FOR THIRD QUARTER NET INCOME FOR THE NINE MONTHS UP 60 PERCENT

 MINNEAPOLIS, Feb. 11 /PRNewswire/ -- Aequitron Medical, Inc. (NASDAQ: AQTN) announced today record sales for the third quarter ended Jan. 31, 1993 of $6,815,500, a 24 percent increase over sales of $5,518,200 for the third quarter last year. Net income for the quarter was $214,800, or $.04 per share, compared with $22,700 for the same period a year ago.
 Sales for the nine months ended Jan. 31, 1993 also reached a record high. Nine-month sales were $20,411,500, up 13 percent from sales of $18,043,100 for the first nine months of fiscal 1992. Aequitron reported net income of $865,600, or $.18 per share, for the nine months ended Jan. 31, 1993. This represented a 60 percent increase over net income of $540,000, or $.11 per share, for the same period last year.
 Earnings from operations for the nine months ended Jan. 31, 1993 were $865,600, or $.18 per share, up 269 percent from operating earnings of $234,300, or $.05 per share, for the same period a year ago. Net income for the first nine months of last year included a one-time gain of $305,700, or $.065 per share, from a settlement with a vendor during the second quarter. A one-time charge of $.0175 per share to cover the severance benefits for the company's prior CEO was included in earnings for the third quarter of the current fiscal year.
 William M. Milne, Aequitron Medical's acting CEO, said, "We achieved increased sales in each of our major product lines. Our ventilator business, which has been strong over the past several quarters, continues to grow in both the U.S. and international marketplace. Revenues from our Crow River subsidiary and apnea product lines also improved over last year's third quarter."
 Many positive factors are coming together to position Aequitron for growth, according to Milne. "We are optimistic as we enter the fourth quarter," he said. "We are encouraged by an improving U.S. economy and increased penetration into new markets such as skilled nursing facilities and major hospital referral centers. We are continuing to pursue new opportunities for growth through increased market share as well as acquisition opportunities and new product development efforts."
 Aequitron Medical, Inc. designs, manufactures and markets electronic products for home health care and hospital use; and wheelchair lifts and automobile hand controls for people who face mobility challenges. The company's common stock is traded on the National Market System under the NASDAQ symbol AQTN.
 AEQUITRON MEDICAL, INC.
 Third Quarter Ended Percent
 1/31/93 1/31/92 Change
 Net Sales $6,815,500 $5,518,200 +24
 Net Income $214,800 $22,700 +846
 Net Income Per Share $.04 $.00 --
 Weighted Average Number
 of Shares Outstanding 4,753,000 4,741,100 --
 Nine Months Ended Percent
 1/31/93 1/31/92 Change
 Net Sales $20,411,500 $18,043,100 +13
 Net Income From Operations $865,600 $234,300 +269
 Extraordinary Income -- $305,700 --
 Net Income $865,600 $540,000 + 60
 Net Income Per Share
 From Operations $.18 $.05 --
 Net Income Per Share $.18 $.11 + 64
 Weighted Average Number
 of Shares Outstanding 4,749,600 4,734,100 --
 Selected Balance Sheet Data at
 1/31/93 4/30/92
 Cash $80,500 $353,800
 Accounts Receivable 4,837,800 4,127,400
 Inventories 3,954,800 3,795,400
 Total Assets 15,070,300 14,486,400
 Long-term Debt 183,800 727,400
 Retained Earnings $5,801,500 $4,935,800
 -0- 2/11/93
 /CONTACT: David Neuger or Ed Neuger, both of Ed Neuger and Associates, 612-333-6621/
 (AQTN)


CO: Aequitron Medical, Inc. ST: Minnesota IN: MTC SU: ERN

KH -- MN034 -- 5655 02/11/93 11:33 EST
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Date:Feb 11, 1993
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