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GRC INTERNATIONAL REPORTS EARNINGS FOR THE QUARTER AND YEAR ENDED JUNE 30, 1992

 GRC INTERNATIONAL REPORTS EARNINGS FOR THE QUARTER
 AND YEAR ENDED JUNE 30, 1992
 VIENNA, Va., Aug. 17 /PRNewswire/ -- GRC International, Inc. (NYSE, Pacific Stock Exchange: GRH) today announced earnings for the quarter and fiscal year ended June 30, 1992.
 For the fourth quarter of fiscal year 1992, the company reported net income of $1,322,000, or $.15 per share, on revenues of $32,365,000. For fiscal year 1992, the company reported net income of $3,805,000, or $.43 per share, on revenues of $114,107,000.
 President and Chief Executive Officer, Jim Roth, said, "Fiscal 1992 ended with a profit, our first since 1988. In addition, we now have reported positive earnings for the last five quarters. With our new management team in place, we are on schedule for meeting our strategic objectives. By the end of the fourth quarter, our technical staff had increased nearly 17 percent from the start of the year, in response to our increased contract backlog - now just over three years of revenues. These and other indicators suggest that we should continue to make strides in improving our revenue and earnings levels."
 GRC International, Inc. based in Vienna, Va., is a nationally recognized provider of military, civil, and commercial innovative, high- quality technical and professional services to U.S. government agencies and large aerospace corporations. Software and instrumented materials testing equipment are produced and marketed primarily to the private sector.
 GRC INTERNATIONAL, INC.
 Quarter ended June 30 1992 1991
 Revenues $32,365,000 $ 29,963,000
 Income from continuing operations 1,322,000 482,000
 Income from discontinued operations -- 104,000
 Net income 1,322,000 586,000
 Income per common share:
 Continuing operations .15 .06
 Discontinued operations -- .01
 Total .15 .07
 Weighted average number of
 common shares 8,879,000 8,865,000
 Year ended June 30 1992 1991
 Revenues $114,107,000 $108,573,000
 Income from continuing operations 3,805,000 3,072,000
 Loss from discontinued operations -- (6,000,000)
 Net income (loss) 3,805,000 (2,928,000)
 Income (loss) per common share:
 Continuing operations .43 .34
 Discontinued operations -- (.67)
 Total .43 (.33)
 Weighted average number of
 common shares 8,873,000 8,862,000
 -0- 8/17/92
 /CONTACT: Philip R. Pietras, treasurer and chief financial officer of GRC International, 703-506-5060/
 (GRH) CO: GRC International, Inc. ST: Virginia IN: SU: ERN


SH -- NY013 -- 0396 08/17/92 09:50 EDT
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Date:Aug 17, 1992
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