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CSI ANNOUNCES $6.3 MILLION ORDER AND COMMENTS ON EXPECTED FIRST QUARTER RESULTS

 HECTOR, Minn., March 18 /PRNewswire/ -- Communications Systems, Inc. (NASDAQ: CSII) (CSI) announced today that it has received a $6.3 million order from an end user of telephone connecting products, by far the largest single order ever received by the company. Four of the products are enhanced versions of standard corrosion resistant connector products and the order represents nearly twice the dollar value the end user was expected to order in this product category for the entire year. The products will be shipped in the second and third quarters of 1993.
 CSI also commented on expected consolidated first quarter 1993 results. The company said revenues will be down somewhat from the first quarter of 1992 because an anticipated increase in apparatus revenues will be more than offset by substantially lower revenues at the company's contract manufacturing subsidiary, Zercom. The company expects, however, first quarter earnings will be approximately equal to or slightly above first quarter earnings in 1992 before giving effect in 1992's results to a one-time tax benefit of $481,000 because of the required adoption of FASB No. 109, a new accounting standard for income taxes.
 CSI is headquartered in Hector and is principally engaged in the manufacture and sale of connecting devices for telephone equipment.
 -0- 3/18/93
 /CONTACT: Curtis A. Sampson, president & CEO; Paul N. Hanson, vice president-finance; and Avis J. Johnson, director shareholder relations, all of Communications Systems, 612-848-6231/
 (CSII)


CO: Communications Systems, Inc. ST: Minnesota IN: TLS SU: ERP

KH -- MN003 -- 7398 03/18/93 10:34 EST
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Publication:PR Newswire
Date:Mar 18, 1993
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