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MICROLOG CORPORATION ANNOUNCES FOURTH QUARTER RESULTS

 GERMANTOWN, Md., Jan. 5 /PRNewswire/ -- Microlog Corporation (NASDAQ-NMS: MLOG) today reported net income of $229,000 (6 cents per share) on sales for $5.4 million for the quarter ending Oct. 31, 1992, as compared to a net loss of $1.6 million (41 cents per share) on sales of $4.9 million for the corresponding quarter in fiscal 1991. This is the first quarterly profit reported by the company since the quarter ending July 31, 1990.
 "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. Thompson further added, "We still have work to be done to continue this recovery, but being profitable and cash flow positive is a good sign that we have taken the necessary actions to operate successfully."
 The results for fiscal 1992 are a loss of $3.5 million (86 cents per share) on sales of $19.5 million as compared to a net loss of $6.8 million ($1.71 per share) on sales of $19.6 million for the fiscal year ended Oct. 31, 1991.
 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.
 MICROLOG CORPORATION
 Operating Results
 For the Fourth Quarter Ended Oct. 31,
 1992 1991
 Revenues $5,445,450 $4,876,111
 Income (Loss) from Operations 222,219 (1,709,713)
 Net Income (Loss) 228,916 (1,642,511)
 Net Income (Loss) Per Share $.06 $(.41)
 Average Shares Outstanding 4,036,829 4 020,280
 For The Year Ended Oct. 31,
 1992 1991
 Revenues $19,526,503 $19,614,230
 Loss from Operations ( 3,465,726) ( 6,825,703)
 Net Loss ( 3,454,284) ( 6,780,139)
 Net Loss Per Share $(.86) $(1.71)
 Average Shares Outstanding 4,032,692 3,974,628
 -0- 1/5/93
 /CONTACT: Richard A. Thompson, president and chief operating officer, Microlog, 301-428-9100/
 (MLOG)


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

DC -- DC014 -- 1851 01/05/93 15:25 EST
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Date:Jan 5, 1993
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