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COMMTRON REPORTS SECOND FISCAL QUARTER RESULTS

 COMMTRON REPORTS SECOND FISCAL QUARTER RESULTS
 DES MOINES, Iowa, March 13 /PRNewswire/ -- Commtron Corporation


(AMEX: CMR) today reported net earnings for the second fiscal quarter ended Feb. 29, 1992 of $1.8 million or $.18 per share, the same as the previous year. Revenues were $122.6 million compared to $113.0 million. For the six months ended Feb. 29, 1992, net earnings were $4.7 million or $.46 per share compared to $5.0 million or $.49 per share last year. Revenues were $275.2 million compared to $266.6 million a year ago.
 For the quarter, home video revenues increased to $103.4 million compared to $93.7 million due to a strong release schedule of rental sales. Consumer electronics sales were $18.2 million, the same as the previous year. Operating expenses increased due to an increase in the provision for doubtful accounts. Interest income declined slightly due to lower interest rates.
 On Feb. 24, the company announced that it signed a definitive agreement to merge Commtron with a newly formed, wholly-owned subsidiary of Ingram Industries Inc., a privately owned company. The merger would result in Commtron shareowners receiving cash of $7.75 per share for each share of Commtron common stock. While the board of directors of Bergen Brunswig Corporation and Commtron have approved the agreement, consummation of the merger is subject to various contingencies, including a fairness opinion from an investment banker and regulatory approvals.
 Commtron Corporation is the nation's largest distributor of prerecorded videocassettes and a national distributor of consumer electronics.
 COMMTRON CORPORATION
 (Dollars in thousands, except share and per share data)
 Three months ended Feb. 29: 1992 1991
 REVENUES:
 Net sales & other revenues $121,580 $111,859
 Interest income 1,007 1,186
 Total 122,587 113,045
 COST AND EXPENSES:
 Cost of sales 106,921 98,616
 Selling, general and
 administrative expenses 12,611 11,316
 Total 119,532 109,932
 Earnings before taxes on income 3,055 3,113
 Taxes on income 1,222 1,230
 Net earnings $1,833 $1,883
 Earnings per share $0.18 $0.18
 Average number of shares
 outstanding 10,285,004 10,207,940
 (Dollars in thousands, except share and per share data)
 Six months ended Feb. 29: 1992 1991
 REVENUES:
 Net sales & other revenues $273,262 $264,304
 Interest income 1,888 2,281
 Total 275,150 266,585
 COST AND EXPENSES:
 Cost of sales 242,787 235,196
 Selling, general and
 administrative expenses 24,508 23,065
 Total 267,295 258,261
 Earnings before taxes on income 7,855 8,324
 Taxes on income 3,142 3,288
 Net earnings $4,713 $5,036
 Earnings per share $0.46 $0.49
 Average number of shares
 outstanding 10,274,705 10,199,778
 -0- 3/13/92
 /CONTACT: Steve Lacy, vice president and CFO of Commtron, 515-226-3000, or Gary Fishman or Bob Bogard, 212-226-8550, or Donald Reynolds, 213-275-9024, all of Donald Reynolds Associates, for Commtron/
 (CMR) CO: Commtron Corporation ST: Iowa IN: HOU SU: ERN


TS -- NY008 -- 7660 03/13/92 08:30 EST
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Date:Mar 13, 1992
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