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COMPUTER IDENTICS ANNOUNCES 1992 RESULTS

 CANTON, Mass., Jan. 28 /PRNewswire/ -- Computer Identics Corporation (NASDAQ: CIDN) reported its results today for the fourth quarter and 12 months of 1992.
 Net income for the three months ended Dec. 31, 1992 was $351,000 on revenue of $6,347,000. For the full year revenue increased 6 percent to $21,973,000 from $20,641,000 and net income increased 15 percent to $875,000 from $760,000. The increase in net income was due primarily to improved gross margins. Earnings per share increased from 8 cents per share in 1991 to 9 cents per share in 1992 on a larger number of shares outstanding.
 Frank J. Wezniak, president and chief executive officer, said "Fourth quarter activity continued the trends of the third quarter as it appears that economic and political uncertainties in the U.S. and international markets have slowed growth in bookings and revenue.
 The 15 percent year-to-date improvement in profits on the modest 6 percent increase in revenues was the result of improved gross margins, which were partially offset by greater expenditures for product development. The margin improvement resulted from greater attention to quality in all aspects of our business, from design to sales to manufacturing."
 Computer Identics Corporation designs, manufactures and services bar code products and systems for factory data collection and material handling applications in warehousing, distribution and manufacturing environments.
 COMPUTER IDENTICS CORPORATION
 1992 FINANCIAL RESULTS
 (In thousands of dollars except per share data)
 Three Months Ended 12 Months Ended
 12/31/92 12/31/91 12/31/92 12/31/91
 Revenue $6,347 $6,122 $21,973 $20,641
 Income before taxes 365 540 1,052 994
 Provision for income
 taxes 14 20 177 234
 Net income $351 $520 $875 $760
 Net income per common
 share 3 cents 5 cents 9 cents 8 cents
 Weighted average number
 of common and common
 equivalent shares
 outstanding 10,305,929 9,825,883 10,261,428 9,823,797
 -0- 1/28/93
 /CONTACT: Frank J. Wezniak, president or Stephen D. Prendergast, vice president, finance and administration of Computer Identics, 617-821-0830/
 (CIDN)


CO: Computer Identics Corporation ST: Massachusetts IN: CPR SU: ERN

TM -- NE011 -- 0359 01/28/93 14:29 EST
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Date:Jan 28, 1993
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