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CHROMALINE SALES AND EARNINGS INCREASE

 CHROMALINE SALES AND EARNINGS INCREASE
 DULUTH, Minn., July 20 /PRNewswire/ -- During the second quarter of


1992, The Chromaline Corporation (OTC Bulletin Board: CMLH), a Duluth- based manufacturer of photosensitive imaging systems for electronics, graphics, textiles and glass decorating, achieved improvements in both sales and earnings.
 In the second quarter of 1992, sales were $1,282,124, an increase of 20 percent over the same period in 1991, when sales were $1,072,004. Earnings for the second quarter of 1992 were $.15 per share compared to earnings of $.10 per share for the second quarter of 1991.
 Chromaline's President and CEO Tom Erickson said, "While we are pleased with this progress, we have failed to achieve sales targets in certain markets."
 Erickson also indicated, "We continue to bear significant costs associated with programs designed to improve future performance and expand our business. We look for the beginnings of contributions from these programs in 1993."
 THE CHROMALINE CORPORATION
 STATEMENTS OF INCOME
 Three Months Ended Six Months Ended
 6/30/92 6/30/91 6/30/92 6/30/91
 Sales $1,282,124 $1,072,004 $2,414,767 $2,049,039
 Costs, expenses and
 other income 1,094,222 949,158 2,185,762 1,828,885
 Income before income
 taxes 187,902 122,846 229,005 220,154
 Federal and state
 income taxes 63,950 41,500 76,700 72,500
 Net income $123,952 $81,346 $152,305 $147,654
 Earnings per share $.15 $.10 $.19 $.18
 Average number of shares
 outstanding 793,267 829,711 800,503 829,711
 -0- 7/20/92
 /CONTACT: Thomas L. Erickson of Chromaline, 218-628-2217/
 (CMLH) CO: The Chromaline Corporation ST: Minnesota IN: SU: ERN


KH -- MN012 -- 0910 07/20/92 16:30 EDT
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Publication:PR Newswire
Date:Jul 20, 1992
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