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LASERTECHNICS, INC. REPORTS RESULTS FOR 1992

 ALBUQUERQUE, N.M., April 2 /PRNewswire/ -- Lasertechnics, Inc. (NASDAQ: LASX) today reported a net loss of $2,128,494 on sales of $6,715,831 for the year ended Dec. 31, 1992. Comparable figures for the prior year were a loss of $1,149,020 on sales of $7,516,061.
 Gene Bourque, president and CFO of Lasertechnics, attributed the disappointing financial results to the overall decrease in sales and adjustments made that are unrelated to the company's core product lines. Sales for all product lines decreased in the second half of 1992. The decrease was due to customer uncertainty that delayed buying decisions. The company believes this was due to the overall weakness of the economy and the uncertainty regarding the outcome of the election. The adjustments that contributed to the year's loss included the write-off of inventory for discontinued products, the accrual of final costs related to the termination of the lease on an idle facility in Torrance, Calif., the accrual of expenses associated with the resignation of the previous president and the accrual of expenses related to the company's equity in the loss of its French affiliate. The total of these adjustments amounts to approximately $850,000.
 Mr. Bourque added, "Despite these results, '92 ended on a positive note because we took the necessary steps to focus our efforts only on those products that are highly promising."
 He said Lasertechnics was successful in expanding the number of products in its laser marking line at a time when there is growing public concern about environmental pollutants such as the ink and solvents used in the company's major competing technology, ink-jet coders. The marking division should have substantial new sales opportunities as regulatory agencies push to eliminate solvents.
 On the imaging side of Lasertechnics' business, an enhanced version of its DIR Gray Scale Printer was introduced at year end. The DIR/Direct Drive printer is more reliable, easier to manufacture and service, has improved image quality and can be offered profitability at a lower price.
 "In addition to these new products we opened our first regional sales and service office in Richmond, Va. We have placed a much stronger emphasis on customer service and plan to open other regional offices in those areas where our installed customer base is located. A structure of strategically placed sales and service offices will help us maximize customer satisfaction and achieve financial success," Mr. Bourque added.
 "Finally," stated Bourque, "I am pleased to report that three long- time investors in the company who are, or have been represented on its board have purchased directly or through affiliates, 1,181,818 shares of the company's common stock in a private placement transaction. These investors are Wolfensohn Associates L.P., David Blech and Isaac Blech, all of New York City. The proceeds from this transaction will be used for general working capital requirements and to retire $500,000 of outstanding convertible debt.
 Lasertechnics, Inc. sells laser marking systems to the electronics, pharmaceutical, beverage and consumer products packaging industries. The company also sells a black and white printer for high resolution image processing applications.
 LASERTECHNICS, INC.
 Consolidated Income Statement
 (Audited; dollars in 000s, except per share and shares outstanding)
 Years ended Dec. 31 1992 1991
 Sales $6,716 $7,516
 Net income (loss) (2,128) (1,149)
 Net income (loss) per share ($.141) ($.077)
 Shares outstanding 15,075,315 14,869,937
 -0- 4/2/93
 /CONTACT: Gene Bourque, president and CFO, or Gary Tomlin, treasurer and corporate controller, 505-822-1123, both of Lasertechnics/
 (LASX)


CO: Lasertechnics, Inc. ST: New Mexico IN: SU: ERN

LR-CK -- NY025 -- 2478 04/02/93 11:37 EST
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Date:Apr 2, 1993
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