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INTELLICALL ANNOUNCES THIRD QUARTER EARNINGS AND RESULTS FOR NINE MONTHS ENDED SEPT. 30, 1993

 DALLAS, Oct. 21 /PRNewswire/ -- Intellicall, Inc. (NYSE: ICL), today reported net income of $1,206,000, or $0.16 per share on revenues of $21,753,000 for the third quarter ended Sept. 30, 1993. For the third quarter ended Sept. 30, 1992, the company reported a net loss of $342,000, or $0.05 per share on revenues of $40,297,000.
 For the nine months ended Sept. 30, 1993 the company reported net income of $829,000 or $0.11 per share on revenues of $68,047,000. For the nine months ended Sept. 30, 1992 the net loss was $2,942,000, or $0.44 per share on revenues of $128,459,000.
 The company said its improved results for 1993 are due to lower operating costs, principally bad debt expense and legal fees, and approximately a $1,000,000 gain from the sale of its call processing business to a customer in August 1993. In total, selling, general and administrative costs declined approximately $2,451,000 for the quarter and $9,420,000 for the nine months. Operating expenses in the third quarter of 1993 reflect increased expenditures and personnel costs supporting international activities. The company expects to begin international product shipments in the fourth quarter of 1993.
 Intellicall Chairman and Chief Executive Officer William O. Hunt said, "We're pleased with the third quarter results and our progress. We believe our core business is stabilizing, as reflected in the modest improvement in equipment sales throughout 1993. We anticipate shipping payphones to Indonesia in the fourth quarter and have continued to build our organization to support that effort."
 Intellicall's products and services include network and customer premise equipment such as intelligent pay telephones, database access services, and call processing, network control and business management systems. The company markets its advanced telecommunications technologies to private pay telephone and network operators, domestic local exchange carriers, international PTTs, and interexchange and international network service providers.
 The company's common stock trades on the New York Stock Exchange under the symbol ICL and is listed in alphabetical quotations as "Intellicall" or "Intelcal."
 -0- 10/21/93
 /CONTACT: John Carradine of Intellicall, 214-416-0022, or Richard Hanlon of Hanlon & Company, 703-759-6500/
 (ICL)


CO: Intellicall, Inc. ST: Texas IN: TLS SU: ERN

MP -- NY076 -- 5335 10/21/93 14:33 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
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