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BIOPLASTY ANNOUNCES FIRST QUARTER OPERATING RESULTS

 BIOPLASTY ANNOUNCES FIRST QUARTER OPERATING RESULTS
 ST. PAUL, Minn., Dec. 17 /PRNewswire/ -- Bioplasty, Inc. (NASDAQ-NMS: BIOP) announces net revenue for the first quarter of fiscal 1992 of $2,598,426, compared to net revenue of $2,451,112 for the first quarter of fiscal 1991. An operating loss of $608,580 and a net loss of $469,402 resulted in the first quarter of 1992 compared to operating income and net income for the first quarter of 1991 of $233,647 and $141,061.
 The company attributes the operating and net loss in the first quarter ended Oct. 31, 1991, to various circumstances including a reduction in the number of U.S. breast augmentation procedures performed during the quarter and increased operating and litigation expenses.
 Bioplasty, Inc. has more than 20 years of experience in the development, manufacturing and marketing of plastic surgery products worldwide.
 BIOPLASTY, INC.
 Summary of Operations
 Three Months Ended Oct. 31 1991 1990
 Net revenue $2,598,426 $2,451,112
 Operating income (loss) (608,580) 233,647
 Income tax expense (benefit) (165,785) 85,487
 Net income (loss) (469,402) 141,061
 Earning (loss) per share $(.13) $.05
 -0- 12/17/91
 /CONTACT: Tim Lawin, president, or Donald A. Major, vice president of finance of Bioplasty, 612-636-4112/
 (BIOP) CO: Bioplasty, Inc. ST: Minnesota IN: MTC SU: ERN


PS -- NY097 -- 3214 12/17/91 20:18 EST
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Publication:PR Newswire
Date:Dec 17, 1991
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