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INTERACTIVE ANNOUNCES THIRD QUARTER RESULTS

 HUMBOLDT, S.D., Aug. 12 /PRNewswire/ -- InterActive, Inc. (NASDAQ: IACTU) announced the unaudited results of its third fiscal quarter today. Net sales for the three and nine months ended June 30, 1993 were $46,554 and $101,811 respectively, in comparison to $10,148 and $22,262 for the three and nine months ended June 30, 1992. Net losses for the three and months ended June 30, 1993 were $749,776 and $1,485,686 respectively, in comparison to $257,004 and $403,694 for the three and nine months ended June 30, 1992. As an early stage, high technology company InterActive expects its losses to continue through at least the remainder of its current fiscal year which ends Sept. 30, 1993.
 The company's financial strength was enhanced during the quarter by the completion of a public offering of 1,150,000 units, each consisting of one share of common stock and one warrant to purchase an additional share at $6.75. The public offering allowed the company to finish the quarter with $4,171,567 in cash and cash equivalents. This was up from $224,682 for the prior quarter ended March 31, 1993.
 InterActive designs, manufactures and markets personal computer based multimedia products for business communications. InterActive's corporate headquarters are located at 204 North Main, Humboldt, S.D., 57035. The telephone numbers are 605-363-5117 and 800-292-2112.
 -0- 8/12/93
 /CONTACT: Gary Kappenman of InterActive Inc., 605-363-5117, or (fax) 605-363-5102/
 (IACTU)


CO: InterActive Inc. ST: South Dakota IN: CPR SU: ERN

MA -- MN005 -- 2006 08/12/93 09:12 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
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