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AMERICAN DENTAL LASER REVISES ESTIMATED FOURTH-QUARTER LOSS

 AMERICAN DENTAL LASER REVISES ESTIMATED FOURTH-QUARTER LOSS
 TROY, Mich., March 12 /PRNewswire/ -- American Dental Laser, Inc. (NASDAQ: ADLI) (ADL) announced today that preliminary results indicate the company will report a net loss of approximately $3.6 million for the fourth quarter of 1991. As a result, the company expects to be near break-even for 1991. American Dental Laser's year-end audit is nearing completion and the company expects a firm earnings report early next week.
 The company had earlier reported that it expected a net loss of $1.6 million or greater for the fourth quarter. The revised estimate results primarily from three factors: the recognition of certain revenues from a December sales program in the first quarter of 1992, when it is anticipated the transactions will be completed; the exclusion from revenues of certain units delivered to European distributors until customer installation; and the accrual of additional expenses, primarily related to European operations.
 While the company's sales to date in the first quarter of 1992 seem to be improving, the company still anticipates a net loss for the first quarter of 1992 of approximately $2 million.
 ADL expects that the strong measures already implemented to reduce expenses will begin to have an effect during the second quarter of 1992. The company has reduced its staff by approximately 25 percent, laying off personnel not directly involved in sales, and has hired a new controller recommended by Ernst & Young, American Dental Laser's independent accountants. In addition, the company is seeking a chief operating officer with a strong financial background to strengthen the company's operations.
 "This company needs to focus on selling its products and reducing expenses. Adding an experienced chief operating officer to our management team will help us in both those areas and permit me to devote more time to marketing and product development efforts," said Daniel S. Goldsmith, president and chief executive officer.
 American Dental Laser, with headquarters in Troy, develops high- technology products for dentistry and distributes them worldwide. The company currently distributes dental lasers and intraoral dental video cameras. ADL stock is traded under the NASDAQ symbol ADLI.
 -0- 3/12/92
 /CONTACT: Eric Fris, chief financial officer, American Dental Laser, 313-637-3713/
 (ADLI) CO: American Dental Laser, Inc. ST: Michigan IN: MTC SU: ERP


ML -- DE004 -- 7655 03/12/92 09:17 EST
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Publication:PR Newswire
Date:Mar 12, 1992
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