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CUSTOMEDIX CORP. REPORTS FINANCIAL RESULTS FOR ITS FIRST QUARTER OF FISCAL 1994

 WALLINGFORD, Conn., Nov. 11 /PRNewswire/ -- Customedix Corporation (AMEX: CUS), a health care products company, today released the company's operating results for the first quarter of its 1994 fiscal year.
 Sales for the quarter ended Sept. 30, 1993, were $10,075,937 vs. $9,202,714 for the quarter ended Sept. 30, 1992. Net income was $112,379, or 3 cents per share, for the quarter ended Sept. 30, 1993, vs. net income of $178,586, or 5 cents per share, for the quarter ended Sept. 30, 1992.
 CUSTOMEDIX CORPORATION
 Condensed Consolidated Statements of Operations
 (Unaudited)
 Quarter ended Sept. 30 1993 1992
 Sales $10,075,937 $ 9,202,714
 Income before income taxes 162,379 242,336
 Income taxes (A) 50,000 63,750
 Net income $ 112,379 $ 178,586
 Income per share $0.03 $0.05
 Weighted average shares
 outstanding 3,710,600 3,723,300
 Condensed Consolidated Balance Sheets
 9/30/93 6/30/93
 (Unaudited) (Audited)
 Assets:
 Cash and cash equivalents $ 454,893 $ 773,855
 Receivables 5,949,204 6,020,319
 Inventory 6,888,837 6,324,553
 Other 478,270 288,701
 Total current assets 13,771,204 13,407,428
 Property and equipment, net 3,147,295 3,135,860
 Other 5,979,165 6,097,661
 Total assets $22,897,664 $22,640,949
 Current liabilities:
 Payables and accrued expenses $ 4,116,832 $ 3,501,512
 Current portion of long term
 debt and capital lease
 obligations 982,879 966,290
 Total current liabilities 5,099,711 4,467,802
 Long term debt and capital
 lease obligations 7,320,217 7,907,790
 Other 1,290,955 1,190,955
 Total liabilities 13,710,883 13,566,547
 Stockholders' equity:
 Common stock and additional
 paid-in capital 27,448,424 27,448,424
 Accumulated deficit (18,261,643) (18,374,022)
 Total stockholders' equity 9,186,781 9,074,402
 Total liabilities and
 stockholders' equity $22,897,664 $22,640,949
 (A) -- Taxes on income represent certain minimum federal and state income taxes and are less than the statutory rate due primarily to the availability of net operating loss carryforwards.
 -0- 11/11/93
 /CONTACT: Joe MacDougald, director - investor relations of Customedix, 203-284-9079/
 (CUS)


CO: Customedix Corporation ST: Connecticut IN: HEA SU: ERN

GK-MP -- NY018 -- 3128 11/11/93 09:58 EST
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Publication:PR Newswire
Date:Nov 11, 1993
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