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LTX ANNOUNCES IMPROVED FOURTH QUARTER BUSINESS

 LTX ANNOUNCES IMPROVED FOURTH QUARTER BUSINESS
 WESTWOOD, Mass., Aug. 26 /PRNewswire/ -- LTX Corporation


(NASDAQ: LTXX) announced today that business strengthened during the final quarter of fiscal year 1992. Fourth quarter orders were at the highest level of any quarter in the fiscal year, resulting in an increase in the order backlog during the period. Although shipments were sustained at roughly the same level as the preceding quarter, the company's loss was reduced from the third quarter due to improved expense control. Cash flow was positive in the period.
 Graham Miller, LTX president, commented, "Although the test equipment industry is not firing on all cylinders as yet, we are encouraged that our fourth quarter was marked by a number of competitive wins for sizeable amounts of business."
 LTX Corporation is a leader in the design, manufacture and marketing of computer-controlled equipment for testing linear, digital, mixed- signal and discrete devices. For integrating the total production environment, from engineering through final test, LTX offers multi- platform networking and information products. Headquartered in Westwood, LTX has worldwide sales and service facilities to support its customer base.
 -0- 8/26/92
 /CONTACT: R. Scott Higgins of LTX, 617-461-1000 ext. 5422/
 (LTXX) CO: LTX Corporation ST: Massachusetts IN: CPR SU: ECO


CN -- NE007 -- 3515 08/26/92 13:48 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 26, 1992
Words:215
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