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ALBARA ANNOUNCES THIRD QUARTER 1992 RESULTS

 CONROE, Texas, Nov. 19 ~PRNewswire~ -- Albara Corp. (OTC Bulletin Board: ALAB) reported gross revenues for the third quarter of 1992 of $4,559,000 representing a 31 percent increase over the like period in 1991. The company also reported a net profit for the quarter of $42,000 (5 cents per share) as compared to an income of $89,000 (11 cents per share) for the like period in 1991. Total revenues for the first nine months of 1992 increased 122 percent to $14,355,000 when compared to the like period in 1991. Net income for first nine months of 1992 totaled $210,000 (25 cents per share) as compared to $90,000 (11 cents per share) for the like period in 1991.
 Albara, through its operating subsidiaries, develops, publishes and markets computer hardware, software and peripherals for the Apple Macintosh microcomputer. Marketing of its products is done via direct response marketing, authorized dealer and value added resellers. Albara has two operating subsidiaries, Micro Business Solution Inc. ("MBSI") and NorthCon Technologies Inc. ("NCTI"). MBSI operates under the trade name "Hardware That Fits" and sells computer hardware and peripherals for the Macintosh microcomputer via the direct response market. In addition, MBSI markets its own line of hardware products which includes laser printers, a color printer, a color scanner, and both gray scale and color monitors under the "RealTech" tradename. NCTI currently markets Helix Express, a relational database product which utilizes client-server architecture to computer dealers and mailorder companies.
 The common stock of Albara is traded in the over-the-counter market and is listed in the Bulletin Board maintained by the National Quotation Bureau.
 -0- 11~19~92
 ~CONTACT: Real Provencher of Albara, 409-539-2992~
 (ALAB)


CO: Albara Corp. ST: Texas IN: CPR SU: ERN

MC -- DV002 -- 2708 11~19~92 09:04 EST
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Publication:PR Newswire
Date:Nov 19, 1992
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