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MICROLOG ANNOUNCES EXPECTED FOURTH QUARTER PROFIT

 GERMANTOWN, Md., Nov. 17 ~PRNewswire~ -- Microlog Corporation (NASDAQ-NMS: MLOG) announced today that it expects to report a modest profit for the quarter ended Oct. 31, 1992. This will be the first quarterly profit reported by the company since the quarter ending July 31, 1990. The company will report complete fourth quarter and fiscal 1992 financial results in December 1992. The company was cash flow positive for the quarter.
 "This profit is an indication that the company is turning around and that we have more closely matched our expenses with revenues," stated Richard A. Thompson, president and chief operating officer. "We still have work to be done to continue this recovery, but being profitable and cash flow positive is a good, early sign that we have taken the necessary actions to operate successfully."
 Microlog Corporation, headquartered in Germantown, designs, manufactures, sells and services voice processing systems. Its products find wide application in government, health care, utility, media~entertainment and other markets and are sold through a direct sales force, by distributors and by value-added resellers. A subsidiary, Old Dominion Systems, Inc., of Maryland, provides technical analysis and support services to the U.S. government and prime contractors.
 -0- 11~17~92
 ~CONTACT: Richard A. Thompson, president and chief operating officer, Microlog Corporation, 301-428-9100~
 (MLOG)


CO: Microlog Corporation ST: Maryland IN: CPR SU:

MH -- DC010 -- 1768 11~17~92 10:52 EST
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Publication:PR Newswire
Date:Nov 17, 1992
Words:230
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