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FUTURE HEALTHCARE REPORTS THIRD QUARTER RESULTS

 FUTURE HEALTHCARE REPORTS THIRD QUARTER RESULTS
 CINCINNATI, Nov. 13 /PRNewswire/ -- Future HealthCare, Inc. today


reported revenues for the third quarter ended Sept. 30, 1992 of $1,355,644, an increase of 519 percent over the $218,922 reported for the same period of 1991. Net earnings for the period, before a one-time charge to expense relating to the company's termination of a public offering in July 1992, was $201,762 or $.10 per share vs. a loss of $478,982 or $.64 per share for the same period in 1991. The company subsequently completed an initial public offering of 690,000 shares of its common stock in October 1992. As disclosed in its prospectus dated Oct. 23, 1992, the company has recorded a one-time charge of $160,000 for professional services attributed to the terminated public offering. This charge reduced net earnings for the third quarter to $41,762 or $.02 per share. For the nine-month period ended Sept. 30, 1992 revenues were $3,515,681 vs. $826,951 for the same period in 1991, an increase of 325 percent. Net earnings for the nine months ended Sept. 30, 1992 before the non-recurring expense, was $294,481 or $.18 per share, vs. a loss of $1,487,838 or $2.08 per share for the same period in 1991. Net income for the nine months ended Sept. 30, 1992 after the non-recurring expense, was $134,481 or $.08 per share.
 Future HealthCare provides clinical trial services to the pharmaceutical industry. Through the company's seven owned and operated investigative sites, Future HealthCare conducts Phases II, III and IV clinical trials. The company's corporate headquarters are located in Cincinnati, and its seven clinics are located in Cincinnati, Dayton and Columbus, Ohio; Birmingham, Ala.; West Orange, N.J.; Olympia, Wash. and Orlando, Fla.
 -0- 11/13/92
 /CONTACT: John D. Peckskamp, Jr. of Future HealthCare, Inc., 513-651-2525/ CO: Future HealthCare, Inc. ST: Ohio IN: MTC SU: ERN


BM -- CL017 -- 0804 11/13/92 15:19 EST
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Date:Nov 13, 1992
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