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AEQUITRON MEDICAL ANNOUNCES RECORD YEAR-END SALES AND IMPROVED EARNINGS

 MINNEAPOLIS, June 16, /PRNewswire/ -- Aequitron Medical, Inc. (NASDAQ-NMS: AQTN) announced today a 37 percent increase in net income for the year ended April 30, 1993. The company reported net income of $898,000, or $.19 per share, for fiscal 1993 compared to net income of $655,700, or $.14 per share, for the previous fiscal year. Sales for the year were $26,984,900 compared to $24,573,100 for the year ended April 30, 1992.
 Sales for the fourth quarter ended April 30, 1993 were $6,573,400 compared to $6,530,000 for the same period one year ago. The company reported fourth quarter net income of $32,400, or $.01 per share, compared to $115,700, or $.03 per share, for the fourth quarter last year.
 Aequitron Medical's fiscal 1992 numbers include a $305,700, or $.065 per
share, gain from a vendor settlement. Therefore, the company's net income from operations more than doubled during the fiscal year just completed.
 According to Aequitron President and CEO James B. Hickey, Jr., the company experienced revenue growth in each of its three major product lines -- apnea,
ventilators and Crow River. Aequitron Medical's service and rental business
also contributed to the revenue increase during the year, Hickey said. "We are pleased to have achieved these record sales in spite of the slowdown experienced in the fourth quarter due to uncertainty surrounding health care reform," he said.
 The company reported an increased investment in research and development for fiscal 1993 over the previous year. "As we look to the future, we recognize the need to invest in our technology," Hickey commented. "Our research and development expenses are up over last year in both real dollars and as a percentage of sales." Even with the increased research and development investment, Aequitron was able to hold the line on overall expenses helped in part because it has virtually eliminated its long-term debt.
 Aequitron Medical, Inc. designs, manufactures and markets electronic respiratory 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.
 Three Months Ended
 4/30/93 4/30/92
 Net Sales $6,573,400 $6,530,000
 Net Income $32,400 $115,700
 Net Income Per Share $.01 $.03
 Weighted Average Number
 of Shares Outstanding 4,758,500 4,741,400
 Year Ended
 4/30/93 4/30/92
 Net Sales $26,984,900 $24,573,100
 Net Income $898,000 $655,700
 Net Income Per Share $.19 $.14
 Weighted Average Number
 of Shares Outstanding 4,751,700 4,735,900
 Selected Balance Sheet Data
 4/30/93 4/30/92
 Accounts Receivable $ 4,962,500 $ 4,127,400
 Inventories 3,560,100 3,795,400
 Total Assets 14,773,100 14,486,400
 Long-term Debt 139,900 727,400
 Retained Earnings 5,833,800 4,935,800
 -0- 6/16/93
 /CONTACT: David Neuger, 612-333-6621, (Home) 612-699-6730, or Ed Neuger, 612-333-6621, (Home) 612-929-0945, both of Edwin Neuger & Associates, for Aequitron/
 (AQTN)


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

DB -- MN010 -- 2755 06/16/93 16:34 EDT
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Date:Jun 16, 1993
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