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INTERFACE SYSTEMS, INC. ANNOUNCES RECORD REVENUES AND INCREASED PROFIT FOR SECOND QUARTER

 INTERFACE SYSTEMS, INC. ANNOUNCES RECORD REVENUES
 AND INCREASED PROFIT FOR SECOND QUARTER
 ANN ARBOR, Mich., April 27 /PRNewswire/ -- Interface Systems, Inc. (NASDAQ-NMS: INTF) today announced record revenues for the quarter ended March 31, 1992, of $11,343,103, up 39 percent from $8,162,530 in the same quarter last year. Net income was $427,817 or $.10 per share, up 75 percent from $244,783 or $.06 per share in last year's second quarter.
 For the six months ended March 31, 1992, revenues were $20,284,974, up 16.3 percent from last year's six-month revenues of $17,439,914. Net income for six months was $749,074 or $.18 per share, up 12 percent from last year's first six-month results of $669,113 or $0.16 per share.
 Pretax income for the quarter was $656,853, up 391 percent from $168,014 in the second quarter last year. Pretax income for the six months was $1,151,640, up 41.3 percent from $815,255 for the first six months last year.
 Carl Bixby, president and chief executive officer of Interface, was pleased with the quarterly results. "r? investment in new products is beginning to bear fruit. This quarter included record-level sales of Cleo Communications' 3270 LINKix products as well as record laser printer sales. Nematron's revenues continued to be soft during the second quarter, having the effect of reducing overall performance some. Order rates have increased slightly indicating that some improvement may be coming in the third quarter."
 The recently announced acquisition of Sintec Peripherals Ltd. effective Feb. 1, 1992, added to revenues, helping Interface reach a record level. Revenue without the Sintec acquisition was still up 14.5 percent over the prior year's quarter.
 Ann Arbor-based Interface Systems is a diversified manufacturer of high-technology products. The company and its subsidiaries manufacture plug-compatible printers for IBM mainframe and midrange computer systems; PC-to-mainframe data communications systems; industrial-grade computers and computer terminals, called industrial workstations; and custom-printed circuit boards.
 INTERFACE SYSTEMS, INC.
 FISCAL 1992 SECOND-QUARTER RESULTS
 (Unaudited)
 Three Months Ended
 March 31, Percent March 31,
 1992 Increase 1991
 Revenue $11,343,103 39.0 $8,162,530
 Net income 427,817 75.0 244,783
 Net income/share 0.10 66.7 0.06
 Average common shares outstanding 4,294,166 --- 4,231,776
 Six Months Ended
 March 31, Percent March 31,
 1992 Increase 1991
 Revenue $20,284,974 16.3 $17,439,914
 Net income 749,074 12.0 669,113
 Net income/share 0.18 12.5 0.16
 Average common shares outstanding 4,249,778 --- 4,221,455
 -0- 4/27/92
 /CONTACT: Carl L. Bixby of Interface Systems, 313-769-5900/
 (INTF) CO: Interface Systems, Inc. ST: Michigan IN: CPR SU: ERN


SB-SM -- DE019 -- 3270 04/27/92 14:39 EDT
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Date:Apr 27, 1992
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