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GENETIC LABORATORIES WOUND CARE, INC. REPORTS RESULTS FOR 12 MONTHS ENDED MAY 31, 1993

 ST. PAUL, Minn., Aug. 26 /PRNewswire/ -- Genetic Laboratories Wound Care, Inc. (GLWC) has announced revenues for the 12 months ended May 31, 1993, were $1,981,197 compared to revenues of $1,904,495 for the 12 months ended May 31, 1992. Net income for the 12 months ended May 31, 1993 was $44,677 compared to $105,681 for the 12 months ended May 31, 1992.
 GLWC is engaged in the business of manufacturing and marketing wound care products. GLWC is currently traded on the local over-the-counter market.
 SUMMARY OF OPERATIONS
 (Audited)
 Three Months Ended 12 Months Ended
 5/31/93 5/31/92 5/31/93 5/31/92
 Net revenues $493,663 $491,688 $1,981,197 $1,904,495
 Percent change 4 -- 4 --
 Expenses 492,521 454,639 1,936,520 1,798,814
 Net income (loss) $1,142 $37,049 $44,677 $105,681
 Per common share
 income (loss) -- $.02 $.02 $.05
 -0- 8/26/93
 /CONTACT: Jim Thompson, president, or Brian Gardow, controller, Genetic Laboratories Wound Care, 612-633-0805/


CO: Genetic Laboratories Wound Care, Inc. ST: Minnesota IN: MTC SU: ERN

KH-DB -- MN001 -- 6028 08/26/93 09:12 EDT
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Publication:PR Newswire
Date:Aug 26, 1993
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