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ION LASER REPORTS THIRD QUARTER LOSS

 SALT LAKE CITY, Feb. 24 /PRNewswire/ -- Ion Laser Technology (AMEX: ILT.EC) reported a loss of $161,534, or $.05 per share on sales of $611,297 for the third quarter ending Dec. 31, 1992. This compares to a profit of $44,021, or $.02 per share on sales of $803,609 for the same quarter of the prior year. For the nine-month period, the company is reporting a loss of $526,729, or $.15 per share on revenues of $2,001,835. For the same period of the prior year, the company showed earnings of $220,531, or $.08 per share on revenues of $2,383,097.
 The lower sales and loss for the quarter were because of a number of variables, including the company's move into its new facility during October of 1992 and the marketing costs associated with the roll-out of the company's new dental laser, which began shipping in December. Management also noted economic conditions in Asia and Europe contributing to its slower sales in the first half of the year and into the third quarter. However, December sales accounted for 48 percent of total quarter sales and was a profitable month. The company expects to show improving profit performance in 1993, with growing medical/dental laser sales and the introduction of its new ACL-5500 dental curing laser.
 -0- 2/24/93
 /CONTACT: Robert S. Head of ILT Systems, 801-288-0555/
 (ILT)


CO: Ion Laser Technology ST: Utah IN: HEA SU: ERN

BP-MS -- LA021 -- 9948 02/24/93 13:21 EST
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Date:Feb 24, 1993
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