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CONMED ANNOUNCES EARNINGS ESTIMATE

 UTICA, N.Y., April 12 /PRNewswire/ -- CONMED Corporation (NASDAQ: CNMD) announced today that earnings for the first quarter of 1993 ending March, 1993 are estimated to be less than analysts' first quarter estimates.
 Earnings per share are estimated to be approximately $.10-$.12 per share on a sales volume of approximately $10,600,000. The lower earnings are a result of sales being somewhat lower than expected with production costs and sales and marketing costs associated with new product introductions being higher than expected.
 Sales were effected by a previously reported voluntary recall of certain models of the company's Techswitch brand of electrosurgical pencils which caused an order backlog of approximately $300,000 at the end of March 1993. The company has increased production of these pencils and expects that the backlog will be resolved during the second quarter of 1993.
 Production costs and sales and marketing expenses were higher than anticipated in the first quarter 1993 due to the launch of the TroGARD Electronic Trocar system and other laparoscopic products. While initial response to the Feb. 1, 1993 TroGARD system introduction from surgeons who have been evaluating the products has been positive, sales of these new products were not significant in the first quarter.
 CONMED is a manufacturer of electrosurgery and other medical products used primarily in hospital operating rooms and other critical care areas. The company distributes its products worldwide from manufacturing and warehousing facilities in Utica, N.Y. and Denver.
 -0- 4/12/93
 /CONTACT: Robert D. Shallish of CONMED Corporation, 315-797-8375, ext. 2219/
 (CNMD)


CO: CONMED Corporation ST: New York IN: MTC SU: ERP

BM -- CL007 -- 4809 04/12/93 13:39 EDT
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Publication:PR Newswire
Date:Apr 12, 1993
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