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HAUSER ANNOUNCES THIRD QUARTER RESULTS; REVENUES INCREASED 222 PERCENT

 BOULDER, Colo., March 9 /PRNewswire/ -- Hauser Chemical Research Inc. (NASDAQ: HAUS) announced today operating results for its third quarter of fiscal 1993 ended Jan. 31, 1993. Revenues and net income for the three- and nine-month periods reflect the firm's growth as it increased taxol production to 100 kilograms per year. Hauser manufactures bulk taxol for Bristol-Myers Squibb. Hauser is currently expanding its capacity to 200 kilograms per year.
 Total revenues for Hauser's third quarter of fiscal 1993 were $12,953,438, compared to $4,019,746 for the third quarter of fiscal 1992, a 222 percent increase. The firm realized net income after taxes of $2,034,593, or $.19 per share, for the third quarter of fiscal 1993, compared to $499,645, or $.05 per share, for the same period in fiscal 1992.
 For the nine months ended Jan. 31, 1993, Hauser's total revenues were $46,279,547, compared to $19,977,940 for the same period in fiscal 1992. Net income for the nine months ended Jan. 31, 1993, was $6,211,331, or $.61 per share, compared to $2,113,313, or $.22 per share in the same period in fiscal 1992.
 According to William E. Paukert, chief financial officer, "Increased taxol production is the primary cause of the revenue and income growth in the third quarter compared to last year. We now look forward to doubling our capacity in anticipation of the demand for this drug now that it has received Food and Drug Administration approval." Hauser is the only commercial producer of bulk taxol for human use and has a significant program under way to produce taxol precursor molecules. Hauser has also semi-synthesized taxol analogs which have demonstrated anti-tumor activity in laboratory experiments. Preclinical studies on one or more of these compounds are planned.
 Hauser recently announced that it has broken ground on a new $7,000,000 manufacturing facility for natural flavorings. The new 33,000-square-foot facility is designed specifically for maximization of Hauser's proprietary isolation and extraction technologies for natural flavors. The facility will be located on 25 acres of undeveloped land north of Denver and east of Boulder.
 The company began production of natural vanilla in 1989 and currently produces eight additional flavor extracts and has more than 50 others in development. New orders for Hauser's flavor extracts to be used in ready-to-drink beverages, now exceed $1,000,000 through June 1993, and are expected to increase throughout the year.
 Hauser Chemical Research Inc. is a chemical processor, specializing in the extraction and purification of high value natural products using its proprietary technologies. The company provides interdisciplinary laboratory testing services, chemical engineering services and contract research and development through its Hauser Laboratories Division. The company is based in Boulder.
 HAUSER CHEMICAL RESEARCH INC.
 Recap of Revenues and Earnings
 Three Months Ended Nine Months Ended
 Jan. 31, Jan. 31,
 1993 1992 1993 1992
 Tot. rev. $12,953,438 $4,019,746 $46,279,547 $19,977,940
 Gross mar. 4,329,598 1,023,431 12,951,617 4,808,790
 Gen/admin.
 exp. 1,030,971 589,535 2,747,164 1,657,763
 R&D 224,911 52,326 612,374 128,080
 Operating
 income 3,073,716 381,570 9,592,079 3,022,947
 Net income 2,034,593 499,645 6,211,331 2,113,313
 Fully diluted
 shares 10,663,416 10,975,365 10,104,577 9,603,281
 EPS $.19 $.05 $.61 $.22
 -0- 3/9/93
 /CONTACT: Dean P. Stull, CEO, or William E. Paukert, CFO of Hauser, 303-443-4662/
 (HAUS)


CO: Hauser Chemical Research Inc. ST: Colorado IN: MTC FOD CHM SU: ERN

JB-KJ -- DV001 -- 4477 03/09/93 11:08 EST
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Date:Mar 9, 1993
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