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DATA RESEARCH ANNOUNCES THIRD QUARTER INCOME UP

 DATA RESEARCH ANNOUNCES THIRD QUARTER INCOME UP
 ST. LOUIS, July 16 /PRNewswire/ -- Data Research Associates Inc.


(NASDAQ: DRAI) reported today net income for its third quarter, which ended June 30, 1992, was $582,000, an increase of 38 percent compared to $422,000 for the like period of the prior year. Net income for the nine months ended June 30, 1992, was $1,340,000, an increase of 68 percent compared to net income of $796,000 for the like period last year.
 Earnings per share for the third quarter were 21 cents, compared with 15 cents for the like period last year. Earnings per share for the first nine months of fiscal 1992 were 49 cents, compared to 29 cents for the like period last year.
 Revenues for the third quarter were $5,610,000 compared to $5,132,000 for the like period last year. Revenues for the first nine months of fiscal 1992 were $13,670,000, compared to $15,294,000 for the like period last year.
 "Our earnings growth continues as we enter our first quarter as a public company," commented Michael J. Mellinger, chairman and chief executive officer. "Earnings growth is due to strong software, service and system upgrade sales."
 Data Research, based in St. Louis, is a leading provider of library automation systems, electronic networking services and other related services to libraries. Its initial public offering was completed on July 1, 1992.
 DATA RESEARCH ASSOCIATES INC.
 Summary of Quarterly Results
 (Unaudited)
 Three Months Ended Nine Months Ended
 June 30, June 30,
 1992 1991 1992 1991
 Revenues:
 Hardware $2,745 $2,646 $5,325 $9,063
 Software 1,280 1,488 4,231 3,413
 Services and other 1,585 998 4,114 2,818
 Total revenues 5,610 5,132 13,670 15,294
 Net income 582 422 1,340 796
 Earnings per share $.21 $.15 $.49 $.29
 CONSOLIDATED BALANCE SHEETS


June 30,
 1992 1991
 Assets
 Cash and cash equivalents $3,464 $1,151
 Accounts and notes receivable 5,879 5,990
 Inventories 488 162
 Other assets 583 242
 Property and equipment 2,853 2,859
 Deferred software costs 77 48
 Total assets $13,344 $10,452
 Liabilities & Shareholders'
 Equity
 Accounts payable, accrued
 liabilities and deferred
 revenue $4,635 $3,274
 Current portion of long-term debt 199 494
 Long-term debt, less current portion 1,226 1,352
 Shareholders' equity 7,284 5,332
 Total liabilities & shareholders'
 equity $13,344 $10,452
 CONSOLIDATED STATEMENTS OF INCOME
 (Unaudited)
 (in thousands, except per share data)
 Three Months Ended Nine Months Ended
 June 30, June 30,
 1992 1991 1992 1991
 Revenues:
 Hardware $2,745 $2,646 $5,325 $9,063
 Software 1,280 1,488 4,231 3,413
 Services and other 1,585 998 4,114 2,818
 Total revenue 5,610 5,132 13,670 15,294
 Expenses:
 Cost of revenues 2,399 2,356 5,054 8,064
 Salaries and employee
 benefits 1,162 1,101 3,308 2,999
 General and administrative
 expenses 974 853 2,705 2,449
 Depreciation and
 amortization 128 116 392 345
 Total operating expenses 4,663 4,426 11,459 13,857
 Income from operations 947 706 2,211 1,437
 Other income (expense), net --- (51) (68) (178)
 Income before income taxes 947 655 2,143 1,259
 Provision for income taxes 365 233 803 463
 Net income $582 $422 $1,340 $796
 Earnings per share $.21 $.15 $.49 $.29
 Weighted average number of
 common shares 2,747 2,747 2,747 2,747
 -0- 7/16/92
 /CONTACT: Carl Grant of Data Research Associates, 314-432-1100/
 (DRAI) CO: Date Research Associates Inc. ST: Missouri IN: CPR SU: ERN


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