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DATAPOINT REPORTS FINAL FISCAL 1992 RESULTS

 DATAPOINT REPORTS FINAL FISCAL 1992 RESULTS
 SAN ANTONIO, Oct. 9 /PRNewswire/ -- Datapoint Corporation


(NYSE: DPT) today announced its final results for the company's fiscal year 1992, amending the preliminary results announced on Sept. 15, 1992. The company's results now provide for the anticipated settlement of two patent litigations brought against it by Northern Telecom Inc. (previously announced) and Compagnie Internationale de Services en Informatique, S.A. Although the agreements have not been finalized, the settlement of these two suits now appears probable and therefore has resulted in a charge to the fourth quarter of fiscal 1992 of $15.3 million.
 As a result of these one time charges, the company experienced a loss for fiscal 1992 of $8.8 million as compared to the previously announced preliminary net income of $6.5 million. During the fourth quarter of fiscal 1992, the net loss was $10.1 million as compared to the previously announced preliminary net income of $5.2 million. The settlements are subject to the final approval of each company's boards of directors, approval of Datapoint's senior lenders, and financing.
 Datapoint, a leader in networking Information Technology -- information processing, personal computing, telephony services, and videoconferencing -- markets its products and services in 42 countries worldwide as part of its Open System Networking (OSN) strategy.
 DATAPOINT CORPORATION
 Summary Operating Statements
 (In thousands, except per share data)
 Three Months Ended
 August 1, July 27,
 1992 1991
 Revenue:
 Sales $ 39,685 $ 40,768
 Service and other 31,043 27,114
 Total revenue $ 70,728 $ 67,882
 Operating income $ 2,037 $ 5,729
 Non-operating income (expense),
 net - A) (12,111) 1,152
 Income (loss) before income taxes
 and extraordinary items (10,074) 6,881
 Income tax expense (credit) (11) 40
 Income (loss) before extra-
 ordinary items (10,063) 6,841
 Extraordinary items:
 Debt extinguishment -- --
 Utilization of tax loss
 carryforward (30) 612
 Net income (loss) $(10,093) $ 7,453
 Net income (loss) per share
 applicable to common stock -B) $ (.76) $ .47
 Average common shares outstanding 13,952,705 10,121,559
 A -- Includes expenses of $13,645 and $1,637, in the fourth quarter of fiscal year 1992, related to the proposed settlement of two patent litigations brought against the company by Northern Telecom Inc. and Compagnie Internationale de Services en Informatique, S.A., respectively.
 B - Includes $446 of dividends on the $1.00 preferred stock and $2,385 of dividends not paid on the retired $4.94 preferred stock for the fourth quarter of fiscal year 1991.
 DATAPOINT CORPORATION
 Summary Operating Statements
 (In thousands, except per share data)
 Twelve Months Ended
 August 1, July 27,
 1992 1991
 Revenue:
 Sales $139,225 $149,578
 Service and other 116,018 115,901
 Total revenue $255,243 $265,479
 Operating income $ 6,655 $ 13,934
 Non-operating income (expense),
 net - A) (15,756) (5,042)
 Income before income taxes and
 extraordinary items (9,101) 8,892
 Income tax expense 1,308 3,557
 Income (loss) before
 extraordinary items (10,409) 5,335
 Extraordinary items:
 Debt extinguishment -- 5,217
 Utilization of tax loss
 carryforward 1,653 1,979
 Net income (loss) $ (8,756) $ 12,531
 Net income (loss) per share
 applicable to common stock - B) $ (1.47) $ .29
 Pro-forma net loss per share
 applicable to common stock - C) $ (.76) $ --
 Average common shares
 outstanding 11,093,431 10,119,491
 A - Includes expenses of $13,645 and $1,637, in fiscal year 1992, related to the settlement of two patent litigations brought against the company by Northern Telecom Inc. and Compagnie Internationale de Services en Informatique, S.A., respectively.
 B- Includes $446 of dividends on the $1.00 preferred stock and $7,155 of dividends not paid on the retired $4.94 preferred stock for fiscal year 1992 and $9,540 in dividends not paid on the retired $4.94 preferred stock for fiscal year 1991.
 C- Includes $446 of dividends and $1,338 of pro-forma dividends in fiscal year 1992 on the $1.00 preferred stock.
 DATAPOINT CORPORATION
 Summary Balance Sheets
 (In thousands)
 August 1, July 27,
 1992 1991
 Current assets $121,991 $122,025
 Fixed assets, net 34,533 29,572
 Excess of cost of investment over
 net assets acquired, net 67,855 62,493
 Other assets, net 24,434 21,400
 Total $248,813 $235,490
 Current liabilities $ 90,581 $ 87,591
 Long-term debt and other 83,397 76,473
 Stockholders' equity 74,835 71,426
 Total $248,813 $235,490
 -0- 10/9/92
 /CONTACT: Patricia Coble of Datapoint Corporation, 512-593-7910/
 (DPT) CO: Datapoint Corporation ST: Texas IN: CPR SU: ERN


AH -- NY077 -- 8552 10/09/92 17:23 EDT
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