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MEDAMICUS ANNOUNCES RESULTS

 MEDAMICUS ANNOUNCES RESULTS
 MINNEAPOLIS, April 23 /PRNewswire/ -- MedAmicus, Inc.,


(NASDAQ: MEDM) today announced results for the three months ended March 31, 1992 as follows:
 First Quarter Ended
 3/31/92 3/31/91 Change Percent Change
 Sales $568,865 $157,599 $412,024 261.4
 Net (loss) $(95,461) $(181,656) 91,953 -
 Net per share $(.04) $(.15) .11 -
 The company stated that the significant increase in revenue compared to the previous year is primarily the result of higher levels of sales of the company's proprietary vessel introducer to Medtronic, Inc. and Bard Access Systems, Inc., a division of C.R. Bard. Medtronic and Bard market the vessel introducer under distribution agreements which enter their second year in May, 1992.
 MedAmicus, Inc. is a Plymouth, Minn. based medical products company engaged in the design, development, manufacture and marketing of disposable vascular access and pressure monitoring devices.
 -0- 4/23/92
 /CONTACT: James Hartman of MedAmicus, 612-559-2613/
 (MEDM) CO: MedAmicus ST: Minnesota IN: MTC SU: ERN


MA -- MN004 -- 1755 04/23/92 10:24 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 23, 1992
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