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INTELLICALL REPORTS SECOND QUARTER PROFIT

 DALLAS, July 22 /PRNewswire/ -- Intellicall, Inc. (NYSE: ICL) today reported net income of $415,000, or 6 cents per share, on revenues of $23.9 million for the second quarter ended June 30, 1993. For the second quarter ended June 30, 1992, the company reported a net loss of $1.2 million, or 18 cents per share, on revenues of $44.0 million.
 For the six months ended June 30, 1993, the company reported a net loss of $376,000, or 6 cents per share, on revenues of $46.3 million. For the six months ended June 30, 1992, the net loss was $2.6 million, or 39 cents per share, on revenues of $88.2 million.
 Although revenues were lower in 1993, results of operations improved in the second quarter of 1993 over 1992 levels. The improvement resulted principally from a $3.5 million decrease in operating costs. In addition, profits were favorably impacted by an alternative licensing program initially offered in the second quarter of 1993 and a decrease in interest expense.
 License fee and call traffic revenues for the second quarter and year-to-date periods in 1993 were $17.5 million and $34.3 million, respectively. Comparable revenues in 1992 were $36.0 million and $70.3 million, respectively. Intellicall Chairman, President and Chief Executive Officer William O. Hunt said, "While we planned for lower call traffic revenues in 1993 as a result of unbundling certain services, we have also experienced a decrease in call volume, principally from competitive factors. Although this situation seems to have moderated, we have initiated other programs in an attempt to revitalize this part of the business."
 Sales of pay telephones in the second quarter ended June 30, 1993, were $4.3 million, approximately equivalent to the second quarter of 1992. For the six-month period, phone sales were $7.3 million in 1993 compared to $10.2 million in 1992. Hunt stated, "Domestic sales of pay telephones were just about on plan and approximately 40 percent higher than in the first quarter of 1993. We attribute this improvement more to hard work than seasonality."
 Hunt noted, "We are pleased with the results achieved so far this year. This is the first profitable quarter for the company in a year and a half. Our new programs to rebuild customer faith and confidence appear to be gaining momentum. However, we still have a lot of work to do."
 Intellicall's products and services include network and customer premise equipment such as intelligent pay telephones, database access services, and call processing, network control and business management systems. The company markets its advanced telecommunications technologies to private pay telephone and network operators, domestic local exchange carriers, international PTT's and interexchange and international network service providers. Intellicall markets its products internationally through a network of exclusive distributors who provide sales, engineering, installation and post-installation services.
 The company's common stock trades on the New York Stock Exchange under the symbol "ICL" and is listed in alphabetical quotations as "Intellicall" or "Intelcal."
 INTELLICALL INC.
 Consolidated Statement of Operations
 ($ in thousands, except per-share amounts)
 Periods ended Three Months Six Months
 June 30 1993 1992 1993 1992
 Sales and revenues
 License fees & related call
 revenues $17,452 $36,015 $34,334 $70,348
 Telephone & related sales 4,278 4,292 7,251 10,198
 Call processing systems &
 related call 2,104 1,936 4,362 4,202
 Operator services 108 1,733 347 3,414
 Total revenues 23,942 43,976 46,294 88,162
 Cost of sales and revenues
 License fees & related call
 revenues 13,420 30,052 26,768 58,890
 Telephone & related sales 2,938 2,939 5,324 8,109
 Call processing systems &
 related call 922 1,237 2,074 2,394
 Operator services -- 1,290 149 2,509
 Total cost of sales &
 revenues 17,280 35,518 34,315 71,902
 Gross profit 6,662 8,458 11,979 16,260
 Selling, general & admin. 5,622 9,082 11,075 18,045
 Operating income (loss) 1,040 (624) 904 (1,785)
 Interest expense (625) (1,227) (1,280) (2,151)
 Income (loss) before income
 tax benefit 415 (1,851) (376) (3,936)
 Income tax benefit -- (627) -- (1,336)
 Net income (loss) 415 (1,224) (376) (2,600)
 Earnings (loss) per share:
 Primary $0.06 $(0.18) $(0.06) $(0.39)
 Fully diluted 0.05 (0.18) (0.06) (0.39)
 Weighted average shares outstdg.:
 Primary 7,522 6,717 6,720 6,717
 Fully diluted 8,544 6,717 6,720 6,717
 -0- 7/22/93
 /CONTACT: John Carradine of Intellicall, 214-416-0022, or Clyde Hopkins of Hopkins & Associates, 214-754-0990, for Intellicall/
 (ICL)


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

CK -- NY043 -- 4479 07/22/93 11:11 EDT
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Date:Jul 22, 1993
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