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AEQUITRON REPORTS RECORD QUARTERLY SALES AND HIGHER OPERATING EARNINGS FOR SECOND QUARTER

 AEQUITRON REPORTS RECORD QUARTERLY SALES AND
 HIGHER OPERATING EARNINGS FOR SECOND QUARTER
 MINNEAPOLIS, Nov. 10 /PRNewswire/ -- Aequitron Medical, Inc. (NASDAQ-NMS: AQTN) announced today record sales and higher earnings from operations for the second quarter ended October 31, 1992. Sales for the quarter were $7,074,600, compared with sales of $6,390,700 for the same period last year. Earnings from operations were $412,300, or $.09 per share, compared to $147,500, or $.035 per share for the second quarter last year, an improvement of 157 percent.
 Total net income for the quarter was $412,300, or $.09 per share, compared with $453,200, or $.10 per share, for the same quarter a year ago. Net income for the second quarter last year included a one-time gain of $305,700, or $.065 per share, from a settlement with a vendor.
 Total net income for the six months ended Oct. 31, 1992 was $650,800, or $.14 per share, on sales of $13,596,000, compared with $517,400, or $.11 per share, on sales of $12,524,900 for the same period last year.
 Curtis J. Olson, president and CEO of Aequitron Medical, attributes the sales and earnings increase to strengthened international and domestic sales of the company's ventilators. "We are pleased by the progress we have made in strengthening both our domestic and international markets over the last quarter," said Olson. "Sales of Aequitron ventilators increased the most dramatically as we improved overseas sales, continue to have good acceptance of the Model LP10 ventilator, and have become successful in obtaining large orders from alternate hospital sites." Alternate site facilities are skilled nursing homes that balance ongoing medical care with independent living for patients.
 Olson continued, "Revenues were only slightly improved by the sale of Aequitron's new Silent Partner II oxygen concentrator, which was formally introduced to the market last quarter." Aequitron management expects Silent Partner II sales to grow in the quarters ahead. Olson concluded, "As always, sales from the company's Crow River Industries subsidiary remained good."
 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 nationally over the counter under the NASDAQ symbol AQTN.
 AEQUITRON MEDICAL, INC.
 Second Quarter Ended October 31,
 1992 1991 Pct. Change
 Net Sales $7,074,600 $6,390,700 +11
 Net Income From Operations 412,300 147,500 +180
 Extraordinary Income -- 305,700 --
 Net Income 412,300 453,200 -9
 Net Income Per Share
 from Operations $.09 $.035 +157
 Net Income Per Share $.09 $.10 -10
 Weighted Average Number
 of Shares Outstanding 4,747,859 4,730,766 --
 Six Months Ended October 31,
 1992 1991 Change
 Net Sales $13,596,000 $12,524,900 +9
 Net Income From Operations 650,800 211,700 +207
 Extraordinary Income -- 305,700 --
 Net Income 650,800 517,400 +26
 Net Income Per Share
 from Operations $.14 $.045 +211
 Net Income Per Share $.14 $.11 +27
 Weighted Average Number
 of Shares Outstanding 4,747,831 4,730,725 --
 Selected Balance Sheet Data at
 October 31, April 30,
 1992 1992
 Cash $852,700 $353,800
 Accounts Receivable 4,219,800 4,127,400
 Inventories 4,066,800 3,795,400
 Total Assets 15,303,100 14,486,400
 Long-term Debt 574,000 727,400
 Retained Earnings 5,586,600 4,935,800
 -0- 11/10/92
 /CONTACT: David Neuger or Ed Neuger, both of Edwin Neuger & Associates, 612-333-6621, for Aequitron/
 (AQTN) CO: Aequitron Medical, Inc. ST: Minnesota IN: MTC SU: ERN


KH -- MN004 -- 9242 11/10/92 11:20 EST
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Date:Nov 10, 1992
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