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CIPRICO REPORTS FIRST QUARTER RESULTS

 CIPRICO REPORTS FIRST QUARTER RESULTS
 MINNEAPOLIS, Jan. 27 /PRNewswire/ -- Ciprico Inc. (NASDAQ: CPCI)


today announced results for the fiscal 1992 first quarter. For the three months ended Dec. 31, 1991, sales increased 26 percent to $3.2 million versus $2.5 million for the comparable year-earlier period. Net income totaled $66,000 or $.03 per share, compared with a loss of $104,000, or $.05 per share, for the 1991 quarter.
 "Our growth is attributed to the acceptance of our new products and the result of sales and marketing efforts," said Robert H. Kill, Ciprico president and chief executive officer. "We continue to focus on product cost reductions and close management of expense spending."
 Ciprico continues to meet market requirements with new product introductions. Today, Ciprico announced a new model of the NetArray disk array. Earlier this month, the company also announced two new models of VMEbus SCSI-2 adaptors and enhancements to the Disk Array.
 Ciprico designs, manufactures and markets intelligent SCSI adaptors, disk arrays, and disk and tape controller boards for the high- performance segment of the computer industry's mass storage market. The company's products are sold worldwide by Ciprico's direct sales force and independent representatives to original equipment manufacturers, and through computer distributors and resellers to end users.
 CIPRICO INC.
 THREE MONTHS ENDED DEC. 31
 (Unaudited)
 Income Statement Data: 1991 1990
 Sales $3,194,000 $2,533,000
 Gross profit 1,736,000 1,532,000
 Expenses 1,794,000 1,754,000
 Loss from operations (58,000) (222,000)
 Other income 130,000 91,000
 Income (loss) before taxes 72,000 (131,000)
 Net income (loss) 66,000 (104,000)
 Net income (loss) per share $.03 $(.05)
 Average common and common stock
 equivalent shares 2,036,285 2,005,840
 Balance Sheet Data:
 Total assets 9,187,000 8,816,000
 Total liabilities 1,112,000 550,000
 Working capital 6,523,000 6,605,000
 Stockholders' equity 8,075,000 8,266,000
 -0- 1/27/92
 /CONTACT: Robert H. Kill, president, or Cory J. Miller, both of Ciprico, 612-559-2034/
 (CPCI) CO: Ciprico Inc. ST: Minnesota IN: CPR SU: ERN


KH -- MN013 -- 3903 01/27/92 16:20 EST
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Date:Jan 27, 1992
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