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INTERNATIONAL YOGURT REPORTS EARNINGS

 PORTLAND, Ore., Jan. 12 /PRNewswire/ -- International Yogurt Co. (NASDAQ: YOCM), Portland manufacturers and wholesalers of YO CREAM(R) frozen yogurt, reported net income of $105,017 on sales of $6,526,893 for the year ended Oct. 31, 1992.
 John Hanna, chairman and chief executive, stated that management was pleased with the results considering the general state of the economy. "We recognize, however, that higher sales levels are necessary for optimal returns," he said. "Our plan to achieve greater volume includes accepting private brand and copacking opportunities. While continuing to penetrate the marketplace with our YO CREAM brand, we will use existing capacity to manufacture items for other companies that are not directly competitive with our products."
 Dave Hanna, president, referred to the 16-year business experience of the company. "As one of the pioneers of the frozen yogurt industry," he said, "the production skill and product capability that we have developed can be profitably utilized with the right kind of private brand contracts."
 The company's frozen yogurt products are sold nationally through a system of sales representatives and distributors, primarily in the food service industry. YO CREAM is now being exported to Taiwan, Saipan and military installations in the Pacific Rim, and negotiations are underway to begin exports to Korea.
 INTERNATIONAL YOGURT CO.
 Year Ended Oct. 31: 1992 1991
 Revenues $6,526,893 $6,313,991
 Net income 105,017 73,419
 Per share 0.06 0.04
 -0- 1/12/93
 /CONTACT: Matt Hanna of International Yogurt Co., 503-256-3754/
 (YOCM)


CO: International Yogurt Co. ST: Oregon IN: FOD SU: ERN

LM-SW -- SE001 -- 3817 01/12/93 07:55 EST
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Publication:PR Newswire
Date:Jan 12, 1993
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