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FUTURE MEDICAL PRODUCTS REPORTS FIRST QUARTER RESULTS

 FUTURE MEDICAL PRODUCTS REPORTS FIRST


QUARTER RESULTS
 HAUPPAUGE, N.Y., Oct. 29 /PRNewswire/ -- Future Medical Products, Inc. (NASDAQ: FMPI) reported net income of $153,000 for the quarter ended Aug. 31, 1992. This income was generated from the partial sale of its interest in a subsidiary, Elemedical, Inc. During the current fiscal year, the company intends to direct substantial efforts towards generating operating revenues having completed certain research and development activities.
 The company also noted that its financial condition was enhanced in the quarter through private placement of equity securities. Shareholders equity currently exceeds $5 million.
 FUTURE MEDICAL PRODUCTS, INC.
 Operating Results
 (Unaudited)
 First Quarter Ended Aug. 31 1992 1991
 Revenues $ 28,000 $ --
 Net income (loss) 152,995 (149,963)
 Net income (loss) per common share $.01(A) $(.01)
 (A) Generated by the sale of part of its interest in a subsidiary.
 -0- 10/29/92
 /CONTACT: Tom Dean, 212-421-2543, or Herb Gicksman, 516-348-0500, both for Future Medical Products/
 (FMPI) CO: Future Medical Products, Inc. ST: New York IN: MTC SU: ERN


AH-PS -- NY024 -- 6463 10/29/92 10:01 EST
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Publication:PR Newswire
Date:Oct 29, 1992
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