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CNS, INC. REPORTS 1992 ANNUAL SALES AND LOSSES

 MINNEAPOLIS, Feb. 22 /PRNewswire/ -- CNS, Inc. (NASDAQ: CNXS) of Minneapolis today reported sales of $7,665,145 for the year ended Dec. 31, 1992, down from $8,813,358 for year 1991. The company reported a net loss for the year of $808,169 or $.13 per share versus a net loss of $840,166 or $.17 per share for the previous year.
 Sales for the fourth quarter ended Dec. 31, 1992, were $2,358,857 compared to $2,283,949 for the same period last year. The company reported a net loss for the quarter of $93,580 or $.01 per share versus a net loss of $393,449 or $.08 per share for the same period of 1991.
 Daniel E. Cohen, M.D., chief executive officer, said, "During 1992, domestic sales were negatively impacted by the uncertainty of proposed changes in third party reimbursements, the trend toward more sleep testing in the home and competitive pressures, but we are encouraged by the increases in product acceptance of our lower cost portable products in both the domestic and international markets. Favorable reimbursement in Germany helped to increase international sales by 30 percent."
 CNS, Inc. designs, manufactures and markets computer-based medical diagnostic devices used principally to test for sleep related disorders such as sleep apnea, insomnia and narcolepsy.
 CNS, INC.
 FINANCIAL HIGHLIGHTS
 (Unaudited)
 Three Months Ended Year Ended
 12/31/92 12/31/91 12/31/92 12/31/91
 Sales $2,358,857 $2,283,949 $7,665,145 $8,813,358
 Net loss $(93,580) $(393,449) $(808,169) $(840,166)
 Net loss per common and
 common equivalent shares $(.01) $(.08) $(.13) $(.17)
 Weighted average number of
 common and common equivalent
 shares outstanding 6,558,692 5,110,781 6,138,089 5,032,708
 -0- 2/22/93
 /CONTACT: Daniel E. Cohen, CEO of CNS, 612-474-7600/
 (CNXS)


CO: CNS, Inc. ST: Minnesota IN: MTC CPR SU: ERN

KH -- MN014 -- 9046 02/22/93 16:31 EST
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Publication:PR Newswire
Date:Feb 22, 1993
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