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I.I.S. INTELLIGENT INFORMATION SYSTEMS LIMITED REPORTS SECOND QUARTER RESULTS

 I.I.S. INTELLIGENT INFORMATION SYSTEMS LIMITED REPORTS
 SECOND QUARTER RESULTS
 HAIFA, ISRAEL, Aug. 11 /PRNewswire/ -- I.I.S. Intelligent Information Systems Ltd. (NASDAQ: IISLF) today reported results for its second quarter ended June 30, 1992. For the second quarter, revenues were $11,253,000, up two percent from $11,002,000 in the comparable quarter last year. Net income increased ten percent to $1,604,000, or $.39 per share, up from $1,460,000, or $.36 per share, in the comparable quarter last year.
 For the six months ended June 30, 1992, revenue increased three percent to $21,511,000 from $20,828,000 in the comparable period last year. Net income increased 13 percent to $2,974,000, or $.72 per share, compared with $2,627,000, or $.64 per share, in the year-ago period.
 "I am pleased to report the continued growth in company profits, and with the investment made in expanding technology markets, IIS should continue its growth in the near and long-range future," said Jacob Herbst, I.I.S.'s chairman and chief executive officer.
 I.I.S. Intelligent Information Systems Limited designs, develops, manufactures, markets and services communication, networking and peripheral products providing access to a variety of hosts, local area networks and wide area networks within the large and midrange IBM and DEC environments. The company services an international customer base and does business in the United States as Lee Data, A Division of IIS Inc.
 I.I.S. INTELLIGENT INFORMATION SYSTEMS, LTD.
 SUMMARY FINANCIAL INFORMATION
 Second Quarter Ended
 June 30, 1992 June 30, 1991
 Revenue $11,253,000 $11,002,000
 Net income $ 1,604,000 $ 1,460,000
 Earnings per share $ 0.39 $ 0.36
 Weighted average number
 of shares outstanding 4,162,000 4,097,000
 Six Months Ended
 June 30, 1992 June 30, 1991
 Revenue $21,511,000 $20,828,000
 Net income $ 2,974,000 $ 2,627,000
 Earnings per share $ 0.72 $ 0.64
 Weighted average number
 of shares outstanding 4,156,000 4,094,000
 -0- 8/11/92
 /CONTACT: Henry W. Ling of I.I.S., 516-826-4769/
 (IISLF) CO: I.I.S. Intelligent Information Systems Ltd. ST: Minnesota IN: CPR SU: ERN


KH -- MN007 -- 8939 08/11/92 11:54 EDT
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Date:Aug 11, 1992
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