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FUTURECARE SYSTEMS ANNOUNCES FINANCIAL RESULTS FOR FISCAL YEAR 1991

FUTURECARE SYSTEMS ANNOUNCES FINANCIAL RESULTS FOR FISCAL YEAR 1991
 ST. PAUL, Minn., April 8 /PRNewswire/ -- FutureCare Systems, Inc. today announced the following results:
 Fiscal Year
 1991 1990
 Net sales $323,593 $193,925
 Gross profit 219,173 137,009
 Net income (186,191) (248,643)
 Earnings per share ($0.05) ($0.09)
 Figures in parentheses are losses.
 Sales and gross profit growth for the year ending Dec. 31, 1991, compared to the previous year are 66 percent and 60 percent, respectively.
 FutureCare, under licenses from Medtronic, Inc., and patents issued to the company, manufactures and distributes cardiac monitoring equipment for remote cardiac acute care and remote cardiac rehabilitation from tertiary care centers to rural medical facilities and homes. FutureCare Systems, Inc. common stock is traded on the Minneapolis local over-the-counter market.
 -0- 4/8/92
 /CONTACT: R. Sat Sathyakumar of FutureCare, 612-636-1397/
 (FTCR) CO: FutureCare Systems, Inc. ST: Minnesota IN: MTC SU: ERN


KH -- MN002 -- 6135 04/08/92 10:12 EDT
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Publication:PR Newswire
Date:Apr 8, 1992
Words:162
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