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HYTEK MICROSYSTEMS INC. ANNOUNCES FIRST QUARTER RESULTS

 HYTEK MICROSYSTEMS INC. ANNOUNCES FIRST QUARTER RESULTS
 CARSON CITY, Nev., April 13 /PRNewswire/ -- Hytek Microsystems Inc. (OTC) reported unaudited first quarter 1992 financial results as follows: (In thousands except per share data.)
 Statement of Operations Data Quarter Ended
 3/28/92 3/30/91
 Net revenues $862 $974
 Net income 27 40
 Income per share: $.01 $.01
 Weighted average shares outstanding 2,751 2,751
 Balance Sheet Data
 3/28/92 3/30/91
 Assets
 Current assets $1,340 $1,291
 Net property, plant and equipment 238 292
 Other assets 38 50
 Total assets $1,616 $1,633
 Liabilities and equity
 Current liabilities $647 $760
 Shareholders' equity 969 873
 Total liabilities and equity $1,616 $1,633
 Hytek incurred net losses of $5,369,000 and $2,536,000 in 1989 and 1990 respectively. During 1990, Hytek reduced its overall size through a partial liquidation and consolidated its operations in its Carson City facility. The company reported earnings of $0.04 per share for the year ended Dec. 28, 1991.
 Founded in 1974, Hytek specializes in hybrid microelectronic circuits that are used in military, computer, telecommunications and other OEM applications.
 -0- 4/13/92
 /CONTACT: James M. Phalan or Charles S. Byrne of Hytek Microsystems, 702-883-0820/ CO: Hytek Microsystems ST: Nevada IN: CPR SU: ERN


RM -- SF008 -- 7690 04/13/92 11:10 EDT
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Date:Apr 13, 1992
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