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BIOPOOL REPORTS SECOND CONSECUTIVE PROFITABLE QUARTER

 BIOPOOL REPORTS SECOND CONSECUTIVE PROFITABLE QUARTER
 VENTURA, Calif., July 29 /PRNewswire/ -- Biopool International


Inc. (NASDAQ: BIPL) today reported its second consecutive profitable quarter, with a significant increase in sales and earnings from the preceding quarter and the same period a year ago.
 For the three months ended June 30, 1992, the company reported net income of $171,713, or $.03 per share, on sales of $1,473,383. This compares with net income of $563 on sales of $645,968 for the corresponding 1991 quarter.
 Biopool reported net income of $293,209, or $.05 per share, for the 1992 six-month period, compared with a net loss of $47,738, or $.01 per share, in 1991. Sales increased 97 percent to $2,653,398 from $1,350,168 for the same period last year.
 Michael D. Bick, Ph.D., chief executive officer, attributed the increase in operating results in part to significant growth of the company's subsidiary, Medical Diagnostic Technologies Inc., acquired in January 1992, as well as steady improvements in Biopool's other subsidiary companies, Biopool Canada Inc. and Biopool AB in Sweden.
 "The establishment of new distribution agreements as well as additional sales from existing distribution networks also contributed to positive earnings for the period," said Bick. "Notification during the quarter from the U.S. FDA that we may proceed to market our new Ristocetin Cofactor Assay Kit was also welcome news to the company, which should result in additional sales in the near future," he added.
 Founded in 1987, Biopool develops, manufactures and markets a full range of test kits to assess and diagnose disorders of blood coagulation, fibrinolysis, platelet function and the vascular system. The company completed its initial public offering in May 1988, and its products are sold to hospitals and clinical laboratories worldwide.
 BIOPOOL INTERNATIONAL, INC.
 Selected Financial Data
 (Unaudited)
 Three Months Ended Six Months Ended
 June 30, June 30,
 1992 1991 1992 1991
 Operations Data
 Sales $1,473,383 $645,968 $2,653,398 $1,350,168
 Income (loss)
 before
 non-operating
 items 191,912 (109,905) 331,300 (142,218)
 Net income (loss) 171,713 563 293,209 (47,738)
 Net income (loss)
 per share $.03 --- $.05 ($.01)
 June 30, 1992 Dec. 31, 1991
 (Unaudited) (Audited)
 Balance Sheet Data
 Working capital $1,245,091 $680,948
 Total assets 4,211,611 2,526,501
 Long-term debt 637,429 576,989
 Total shareholders'
 equity $2,391,823 $1,036,921
 -0- 7/29/92
 /CONTACT: Michael D. Bick, CEO, 805-654-0643, or Andrew L. Cerskus, 416-332-9419, both of Biopool; or Kim P. Feazle or Roger S. Pondel of Pondel Parsons & Wilkinson, 310-207-9300, for Biopool/
 (BIPL) CO: Biopool International Inc. ST: California IN: MTC SU: ERN


KJ -- LA006 -- 4440 07/29/92 09:03 EDT
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Date:Jul 29, 1992
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