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NORTHERN TECHNOLOGIES INTERNATIONAL CORPORATION ANNOUNCES SALES AND EARNINGS FOR THE THIRD QUARTER AND NINE MONTHS ENDED MAY 31, 1993

 LINO LAKES, Minn., July 13 /PRNewswire/ -- Northern Technologies International announced the following results:
 Third Quarter Ended
 5/31/93 5/31/92
 Sales $1,028,766 $837,000
 Net income $262,402 $266,629
 Earnings per common share $.06 $.06
 Nine Months Ended
 5/31/93 5/31/92
 Sales $2,974,939 $2,733,427
 Net income $802,295 $756,312
 Earnings per common share $.19 $.18
 While sales increased in the third quarter and the first nine months the company experienced some abnormal operating expenses during the third quarter and nine months of 1993. The company's fees received from and equity value in the international joint ventures continues to increase.
 Northern Technologies International Corporation, Lino Lakes, Minn., located in the Minneapolis-St. Paul metropolitan area, is a manufacturer of proprietary corrosion inhibiting products and electronic sensing instruments.
 -0- 7/13/93
 /CONTACT: Loren M. Ehrmanntraut, secretary/treasurer of Northern Technologies, 612-784-1250/


CO: Northern Technologies International Corporation ST: Minnesota IN: SU: ERN

AL -- MN005 -- 0760 07/13/93 09:18 EDT
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Publication:PR Newswire
Date:Jul 13, 1993
Words:171
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