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DYNATRONICS ANNOUNCES FIRST QUARTER REVENUES AND NET INCOME

 SALT LAKE CITY, Nov. 15 /PRNewswire/ -- Dynatronics Laser Corp. (NASDAQ: DYNT) today announced results for its first quarter ended Sept. 30, 1993. Sales figures for the quarter reflect a 6.6 percent decrease compared to the first quarter of the prior year. Net income for the quarter equaled $336,802, compared to $10,167 in the prior- year's quarter.
 The figures for the first quarter, compared to the previous year's results, are as follows:
 Three months ended
 Sept. 30,
 (Unaudited)
 1993 1992
 Net sales $1,184,627 $1,268,389
 Net income before taxes 58,300 17,667
 Provision for income taxes 23,100 7,500
 Net income before cumulative
 effect of accounting change $35,200 $10,167
 Cumulative effect at
 July 1, 1993, of change in
 accounting for income taxes 301,602 ---
 Net income $336,802 $10,167
 Net income per share $.04 $.00
 Weighted average common
 shares outstanding 7,656,674 7,740,000
 During the reporting quarter, the company realized a gain on the sale of approximately 2.5 percent of its ITEC Attractions common stock holdings. The company also was required to adopt a new method of accounting for deferred tax assets known as Financial Accounting Standards Board Statement No. 109 which resulted in the recognition of a one-time, after-tax gain of $301,602 during the reporting quarter.
 Dynatronics' president, Kelvyn H. Cullimore, Jr., stated: "During the quarter, the company took occupancy of its new, larger office and manufacturing facility. Over the next several quarters, the company will be developing and introducing several new products, implementing new, more aggressive pricing strategies and focusing on specific niche marketing efforts. These strategies are designed to increase market share and improve profitability."
 Dynatronics designs, manufactures and markets advanced-technology medical devices.
 -0- 11/15/93
 /CONTACT: Bob Cardon, corporate secretary of Dynatronics, 800-874-6251/
 (DYNT)


CO: Dynatronics Laser Corp. ST: Utah IN: MTC SU: ERN

JL-LM -- LA016 -- 4233 11/15/93 09:03 EST
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Date:Nov 15, 1993
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