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ELECTROMAGNETIC SCIENCES ANNOUNCES THIRD QUARTER 1993 RESULTS

 NORCROSS, Ga., Oct. 22 /PRNewswire/ -- Electromagnetic Sciences, Inc. (NASDAQ: ELMG) reported a consolidated net third quarter loss of $767,000, or $.11 per share, on consolidated net sales of $21.0 million.
 For the nine months, the company earned $437,000, or $.06 per share, on consolidated net sales of $71.1 million. As previously reported in a forecast of the third quarter, a loss at the company's LXE subsidiary more than offset the profitable operations of the company's EMS Technologies subsidiary. LXE's financial results were affected by shipments that have been delayed until completion of software testing for its new generation of products. Final software testing is expected to be completed in October, and the company expects LXE to be profitable for the fourth quarter and for the full year.
 Electromagnetic Sciences, Inc. serves a variety of wireless communications markets through three subsidiaries. EMS Technologies, Inc. and the company's recently acquired Canadian subsidiary, CAL Corporation, have particular expertise in space and satellite technology, as well as substantial capabilities in antennas and other electronics for communications, surveillance, radar and electronic countermeasures. LXE Inc. (NASDAQ: LXEI) is a leading supplier of wireless data communications systems for real-time transaction processing in materials handling operations.
 ELECTROMAGNETIC SCIENCES, INC. AND SUBSIDIARIES
 Consolidated Statements of Operations
 (In thousands, except per-share data)
 Qtr. ended 9 mos. ended
 9/30/93 9/30/92 9/30/93 9/30/92
 Net sales $ 20,956 $ 18,836 $ 71,065 $ 55,120
 Cost of sales 13,849 11,705 44,978 32,595
 Selling, general and
 administrative exps. 6,579 4,613 19,226 12,861
 Research and dev. exps. 2,309 1,838 6,150 5,864
 Operating income (loss) (1,781) 680 711 3,800
 Interest and other income 76 230 205 652
 Interest expense (109) (8) (333) (44)
 Earns. (loss) bef. inc. taxes (1,814) 902 583 4,408
 Income taxes (663) 320 223 1,625
 LXE minority interest (384) 179 (77) 648
 Net earnings (loss) $ (767) $ 403 $ 437 $ 2,135
 Net earnings (loss) per common and
 common equiv. share $ (.11) $ .05 $ .06 $ .26
 Wtd. avg. number of common and common
 equivalent shares 6,710 7,220 6,856 7,484
 Summary Consolidated Balance Sheet
 Sept. 30, 1993
 (in thousands)
 Cash and investments $ 11,182 Current liabilities $ 15,265
 Receivables 24,334 Long-term debt 8,468
 Inventories 12,423 Other liabilities 4,882
 Net property, plant Minority interest in
 and equipment 27,012 LXE 6,991
 Other assets 11,214 Stockholders' equity 50,559
 Total $ 86,165 Total $ 86,165
 -0- 10/22/93
 /CONTACT: Don T. Scartz, vice president, Finance, Electromagnetic Sciences, 404-263-9200, ext. 4461/
 (ELMG)


CO: Electromagnetic Sciences, Inc. ST: Georgia IN: CPR SU: ERN

RA-BN -- AT008 -- 5706 10/22/93 11:53 EDT
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Date:Oct 22, 1993
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