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IIS INTELLIGENT INFORMATION SYSTEMS LIMITED ISSUES PRELIMINARY THIRD QUARTER REVENUE ESTIMATE

 YOKNEAM, ISRAEL Sept. 10 /PRNewswire/ -- I.I.S. Intelligent Information Systems Limited (NASDAQ-NMS: IISLF) announced today that slower sales in the most recently completed two months are expected to result in third quarter revenues being lower than the revenues for the prior quarter which ended June 30, 1993.
 Jacob Herbst, chairman and chief executive officer of the company, stated, "Sales revenues from both U.S. and European markets for July and August were below management's expectations. Although we presently expect good sales results for September, they will not fully compensate for the slowdown in sales and orders during the past two months."
 "Our products business remains fundamentally strong. The transfer of production of our midrange controller to lower-cost Israeli facilities, and our new controller and networking products to be introduced later this year and in the first half of 1994, should assist us in maintaining gross margins at existing levels, while increasing market penetration in midrange data communication and networking products."
 I.I.S. Intelligent Information Systems Limited designs, develops, manufactures, markets and services a full range of communication, networking and intelligent peripheral products. These products access a wide variety of hosts, local area networks and wide area networks within the IBM midrange and mainframe environments. The company services an international customer base and does business in the United States as Decision Data, a division of IIS Inc.
 -0- 9/10/93
 /CONTACT: Henry Ling investor relations consultant for IIS Intelligent Systems Limited, 212-370-4500/
 (IISLF)


CO: I.I.S. Intelligent Information Systems Limited ST: Minnesota IN: TLS SU: ERP

DB-DS -- MN015 -- 0932 09/10/93 17:28 EDT
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Publication:PR Newswire
Date:Sep 10, 1993
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