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MEDICALCONTROL, INC., FIRST QUARTER

 DALLAS, May 25 /PRNewswire/ -- MedicalControl, Inc., (NASDAQ: MDCLU- units, MDCL-common, MDCLW- warrants) announced today its March 31, 1993 financial results. For the first fiscal quarter ended March 31, 1993, the company reported net earnings of $237,544 or $0.09 per share on revenues of $1,398,997 compared to earnings of $157,525 or $0.06 per share on revenues of $1,088,894 for the three months ended March 31, 1992.
 Total revenues for the first quarter of 1993 reflected an increase of 28 percent over the first quarter of 1992. Net profit for the first quarter increased by 51 percent as compared to the first quarter of 1992. Further, the net profit margin increased to 17 percent from 14 percent for the same period last year. The company attributed the revenue gains to the increase in the number of members in its network.
 On May 13, 1993, the company completed its initial public offering of 800,000 units at $5.00 per unit consisting of one share of common stock and one warrant.
 The Dallas-based company provides healthcare cost management services to self-funded employers utilizing software applications. The company's products also include provider network development, data analysis and reporting.
 -0- 5/25/93
 /CONTACT: Ward Hunt, president, or A. J. Rosmarin, chief operating officer, both of MedicalControl, Inc., 214-352-2666; or Laurey Peat of Laurey Peat & Associates, 214-871-8787, for MedicalControl, Inc./
 (MDCL)


CO: MedicalControl, Inc. ST: Texas IN: MTC SU:

TS-TM -- NY029 -- 2055 05/25/93 09:55 EDT
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Publication:PR Newswire
Date:May 25, 1993
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