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GENETIC LABORATORIES WOUND CARE REPORTS PROFITS FOR THE THIRD QUARTER OF FISCAL 1993

 ST. PAUL, Minn., April 12 /PRNewswire/ -- Genetic Laboratories Wound Care, Inc. (GLWC) has announced revenues for the three months ended Feb. 28, 1993 were $465,052 compared to revenues of $438,160 for the three months ended Feb. 28, 1992.
 Net income was $4,134 for the three months ended Feb. 28, 1993 compared to $11,708 for the three months ended Feb. 28, 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. GLWC has a fiscal year ended May 31.
 GENETIC LABORATORIES WOUND CARE, INC.
 SUMMARY OF OPERATIONS
 (Unaudited)
 Three Months Ended Nine Months Ended
 2/28/93 2/28/92 2/28/93 2/28/92
 Net revenues $465,052 $438,160 $1,487,534 $1,412,807
 Percent change +6.1 -- -- --
 Expenses $460,918 $426,452 $1,443,999 $1,344,175
 Net income $4,134 $11,708 $43,535 $68,632
 Per common share income $.00 $.01 $.02 $.03
 -0- 4/12/93
 /CONTACT: Jim Thompson, president, or Brian Gardow, controller, 612-633-0805, both of Genetic Laboratories/


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

KH -- MN010 -- 4933 04/12/93 17:24 EDT
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Date:Apr 12, 1993
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