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DATASOUTH COMPUTER CORPORATION ANNOUNCES RESULTS

 DATASOUTH COMPUTER CORPORATION ANNOUNCES RESULTS
 CHARLOTTE, N.C., Feb. 17 /PRNewswire/ -- Today, Datasouth Computer


Corporation (NASDAQ-NMS: DSCC) announced a net loss totaling $173,000 or $.03 per share for the year ended Dec. 31, 1991 compared to a net loss of $1,159,000 or $.20 per share in 1990. Revenue for 1991 totaled $15.5 million, up 16 percent from 1990.
 For the quarter ended Dec. 31, 1991, the company recorded net income totaling $230,000 or $.04 per share compared to a net loss of $315,000 or $.06 per share in the fourth quarter last year. Revenue for the fourth quarter totaled $4.7 million, up 54 percent from the same quarter last year.
 Jim Busby, president of Datasouth, commented on the results saying, "We realized a number of significant accomplishments during 1991 including the successful introduction of two new product families, a 25 percent decrease in our operating expenses for the year and, most importantly a return to profitability in both the third and fourth quarters. Revenue for the year was up 16 percent over 1990 in spite of the sluggish conditions in the computer industry and overall economy. The key factors contributing to our sales improvement were the availability of the new products and the increased emphasis on direct sales to major account customers. We look forward to 1992 being a year of continuing progress for the company."
 Datasouth designs, manufactures and markets heavy-duty printers used primarily with multi-user micro, mini and mainframe computers for heavy-duty, print intensive applications. The company sells its products worldwide through distributors and value-added resellers, and directly to large volume major accounts.
 DATASOUTH COMPUTER CORPORATION
 Three Months Ended
 December 31
 1991 1990
 Revenue $4,729,000 $3,076,000
 Income (Loss) Before Taxes $ 230,000 $ (344,000)
 Net Income (Loss) $ 230,000 $ (315,000)
 Earnings (Loss) Per Share .04 (.06)
 Weighted Average Shares 5,691,000 5,691,000
 Year Ended
 December 31
 1991 1990
 Revenue $15,495,000 $13,338,000
 Loss Before Taxes $ (173,000) $(1,226,000)
 Net Loss $ (173,000) $(1,159,000)
 Loss Per Share (.03) (.20)
 Weighted Average Shares 5,691,000 5,691,000
 -0- 2/17/92
 /CONTACT: Investor Relations, Datasouth Computer Corporation, 704-523-8500/
 (DSCC) CO: Datasouth Computer Corporation ST: North Carolina IN: CPR SU: ERN


DF -- CH002 -- 0580 02/17/92 14:26 EST
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Publication:PR Newswire
Date:Feb 17, 1992
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