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CONVERGENT SOLUTIONS ANNOUNCES SALES AND EARNINGS FOR FIRST QUARTER ENDED DEC. 31, 1991

 CONVERGENT SOLUTIONS ANNOUNCES SALES AND EARNINGS
 FOR FIRST QUARTER ENDED DEC. 31, 1991
 LAURENCE HARBOR, N.J., Feb. 14 /PRNewswire/ -- Convergent Solutions, Inc. (NASDAQ: CSOL), a company primarily engaged in developing and marketing software products, reported that revenues of the company were $2,316,707 for the three months ended Dec. 31, 1991, an increase of 35.3 percent, compared with the same period in the prior year.
 The company had net income of $321,189 ($.06 a share) for the three months ended Dec. 31, 1991, compared with net income of $20,545 (less than a cent per share) for the same period in the prior year.
 The increase in revenues and net income resulted primarily from increased sales from software development contracts and software licenses.
 CONVERGENT SOLUTIONS, INC.
 Earnings Summary
 Three months ended Dec. 31 1991 1990
 (unaudited)
 Revenues $2,316,707 $1,712,715
 Expenses 1,857,865 1,684,066
 Income before income taxes 458,842 28,649
 Income tax provision 137,653 8,104
 Net income 321,189 20,545
 Net income per share $.06 --(A)
 Weighted average number
 of common and common
 equivalent shares 5,204,634 5,385,691
 (A) -- Less than a cent per share.
 -0- 2/14/92
 /CONTACT: Vincent Galano, chairman of Convergent Solutions, 908-290-0090/
 (CSOL) CO: Convergent Solutions, Inc. ST: New Jersey IN: CPR SU: ERN


CK-OS -- NY036 -- 0221 02/14/92 12:58 EST
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Publication:PR Newswire
Date:Feb 14, 1992
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