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CORRECTION TO IRT RESULTS

 /C O R R E C T I O N -- IRT RESULTS/
 In SD002, IRT Results, moved earlier today, we are advised by the


company that in the tabular material, for the Total for Fiscal Year to Date, FY 1991, the figure should be "$404" instead of "($404)" as originally issued. The corrected table follows:
 IRT CORP.
 Results of Fourth Quarter of Fiscal Years 1992 and 1991
 ended March 31, 1992 and March 31, 1991 (a)
 Fourth Quarter Fiscal Year to Date
 FY92 FY91 FY92 FY91
 Revenues $4,089 $3,968 $16,641 $17,115
 Cost of revenues 2,071 1,647 7,748 7,749
 Gross margin 2,018 2,321 8,893 9,366
 Operating expense 2,325 1,422 7,530 6,368
 Interest expense 147 131 664 564
 Other (income/expense) 18 9 (15) 64
 Operating income
 (loss) before tax
 provision (472) 759 714 2,370
 Provision for taxes 140 57 140 57
 Dividend requirement
 on preferred stock 69 69 276 226
 Net income (loss) after
 dividend requirement
 Continuing income (681) 633 298 2,087
 Cumulative effect of
 accounting change 2,250 --- 2,250 ---
 (Loss) from dis-
 continued operations
 net of tax effects (1,838) (547) (3,408) (1,683)
 Total ($269) $86 ($860) $404
 Weighted average
 shares
 outstanding 5,396,425 5,296,425 5,396,425 5,296,425
 Per share net
 income (loss)
 Continuing
 operations ($0.13) $0.12 $0.05 $0.39
 Cumulative effect of
 accounting
 change 0.42 --- 0.42 ---
 Discontinued
 operations (0.34) (0.10) (0.63) (0.31)
 Total ($0.05) $0.02 ($0.16) $0.08
 (a) The financial results for fiscal years 1992 and 19921 have been restated to reflect the discontinuance of IRT's standard, manual X-ray inspection systems business.
 -0- 6/30/92 C SD002
 (IX) CO: IRT Corp. ST: California IN: CPR SU: ERN


CH -- SD002X -- 5121 06/30/92 11:03 EDT
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Date:Jun 30, 1992
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