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GENETIC LABORATORIES WOUND CARE REPORTS PROFITS FOR THE SECOND QUARTER OF FISCAL 1992

 GENETIC LABORATORIES WOUND CARE REPORTS PROFITS
 FOR THE SECOND QUARTER OF FISCAL 1992
 ST. PAUL, Minn., Jan. 8 /PRNewswire/ -- Genetic Laboratories Wound Care, Inc., has announced revenues for the three months ended Nov. 30, 1991, were $473,663 compared to revenues of $439,597 for the three months ended Nov. 30, 1990.
 Net income was $24,199 for the three months ended Nov. 30, 1991, compared to $8,435 for the three months ended Nov. 30, 1990.
 GLWC is engaged in the business of manufacturing and marketing wound care products. GLWC is currently traded on the local over the counter market. GLWC has a fiscal year end of May 31.
 GENETIC LABORATORIES WOUND CARE, INC.
 SUMMARY OF OPERATIONS
 (Unaudited)
 Three Months Ended
 11/30/91 11/30/90
 Net revenues $473,663 $439,597
 Percent change 7.7 --
 Expenses 449,464 431,162
 Net income $24,199 $8,435
 Per common share income $.01 $.00
 Six Months Ended
 11/30/91 11/30/90
 Net revenues $974,647 $981,268
 Expenses 917,723 907,899
 Net income $56,924 $73,369
 Per common share income $.02 $.03
 -0- 1/8/92
 /CONTACT: Jim Thompson, executive vice president, or Brian Gardow, 612-633-0805, both of Genetic Laboratories Wound Care/ CO: Genetic Laboratories Wound Care, Inc. ST: Minnesota IN: MTC SU: ERN


AL -- MN002 -- 7633 01/08/92 09:27 EST
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Date:Jan 8, 1992
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