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MEDICAL STERILIZATION REPORTS RESULTS

 MEDICAL STERILIZATION REPORTS RESULTS
 SYOSSET, N.Y., April 23 /PRNewswire/ -- Medical Sterilization Inc.


(NASDAQ: MSTI) today announced its first quarter financial results for the period ended March 31, 1992. The first quarter of 1992 compared to the first quarter of 1991 reflects an approximate 15 percent increase in revenues. Profit for the first quarter of 1992 was $33,445, compared favorably to a loss of $184,474 in the same period in 1991, for a swing of more than $200,000.
 MEDICAL STERILIZATION INC.
 (Unaudited)
 Three months ended March 31 1992 1991
 Revenue $2,006,488 $1,740,544
 Net profit (loss) $33,445 $(184,474)
 Average shares outstanding 2,843,829 2,814,662
 Net loss per share (see note) ($.0l) $(.09)
 NOTE: Net loss per share of common stock is based on the weighted average number of shares of common stock outstanding during the period and the net profit (loss) after adjustment for undeclared dividends on preferred stock. Although the accrued dividends on preferred stock are disclosed, these dividends will only be paid in the event of liquidation or redemption.
 -0- 4/23/92
 /CONTACT: J. Sharpe, treasurer of Medical Sterilization Inc., 516- 496-8822/
 (MSTI) CO: Medical Sterlization Inc. ST: New York IN: HEA SU: ERN


KD-HM -- NY075 -- 1850 04/23/92 11:50 EDT
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Publication:PR Newswire
Date:Apr 23, 1992
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