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GROWTH IN REVENUE AND NET INCOME CONTINUES AS CIS TECHNOLOGIES ANNOUNCES 1991 OPERATING RESULTS

 GROWTH IN REVENUE AND NET INCOME CONTINUES AS CIS TECHNOLOGIES
 ANNOUNCES 1991 OPERATING RESULTS
 TULSA, Okla., Feb. 3 /PRNewswire/ -- CIS Technologies, Inc. (NASDAQ: CISI), the leader in healthcare reimbursement management services, today announced its operating results for the fourth quarter and the year ended Dec. 31, 1991.
 Fourth quarter results confirmed the company's continued growth in revenue and profitability. Fourth quarter 1991 revenue of $6.2 million increased by 94 percent compared to the same quarter in 1990 and represented the company's highest single quarter revenue performance to date. Of the $6.2 million, $2.4 million came from the company's newly acquired subsidiary, HBA.
 Year to date revenue exceeded 1990's results by 75 percent, growing from $10.2 million to $17.8 million. Net income exceeded last year's performance by over 1,000 percent, growing from $121,000 to $1.4 million.
 Commenting on the results was Philip Kurtz, the company's chief executive officer: "We ended the year with over 358 hospitals, or 85,862 beds, under contract for claims management services, our greatest number of hospitals and beds so far. Of those beds, over 12 percent, or 10,000 beds, represented installations in process which will begin producing revenues during the first quarter of 1992. Also, our subsidiary, HBA, had 118 hospitals under contract for reimbursement recovery services. This backlog of contracts and the additional services of HBA afford CIS a wonderful start on 1992."
 CIS TECHNOLOGIES, INC.
 Selected operating Results
 (In thousands, except per share data)
 Periods ended Three Months Year
 Dec. 31 1991 1990 1991 1990
 Revenue $6,206 $3,205 $17,766 $10,205
 Operating income (loss) 757 751(A) 1,239 (426)
 Net income 765 1,003(A) 1,431 121
 Earnings per share $.03 $.04(A) $.06 --
 (A) -- Includes positive effects of $560,000 in one-time fourth quarter adjustments.
 -0- 2/3/92
 /CONTACT: Gifford Mabie or Rhonda Vincent of CIS, 800-852-0707/
 (CISI) CO: CIS Technologies, Inc. ST: Oklahoma IN: HEA SU: ERN


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Date:Feb 3, 1992
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