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NORTHSTAR COMPUTER FORMS REPORTS RECORD THIRD QUARTER SALES AND PROFITS

 MINNEAPOLIS, Aug. 23 /PRNewswire/ -- Northstar Computer Forms, Inc.(NASDAQ-NMS: NSCF) announced record third quarter sales and earnings for the period ended July 31, 1993. Sales for the quarter were $4,971,507, a 0.9 percent increase over last year's third quarter sales of $4,929,405. Net income was $282,880 compared to $271,342, a 4.3 percent increase over the same period last year. Earnings per share are $.16 for the third quarter of both years.
 The year-to-date figures are also slightly ahead of last year. Sales for the first three quarters of 1993 were $14,970,834 which is a 3.1 percent increase over 1992 results of $14,515,990. Net income for the three quarters was $743,022 compared to $726,338, a 2.3 percent increase. Cumulative earnings per share are $.42 for both 1993 and 1992.
 "These results reflect our continued direction toward printing documents with MICR and security features," stated Roger Bredesen, company president. "Heavy capital investment is positioning us for new business opportunities. Our plants are producing on a level with the outstanding year we had in 1992."
 SUMMARIZED STATEMENT OF EARNINGS
 THIRD QUARTER AND YEAR-TO-DATE
 Third Quarter Percent Increase
 7/31/93 7/31/92
 Sales $4,971,507 $4,929,405 0.9
 Net income $282,880 $271,342 4.3
 Earnings per share $.16 $.16 --
 Year-To-Date Percent Increase
 7/31/93 7/31/92
 Sales $14,970,834 $14,515,990 3.1
 Net income $743,022 $726,338 2.3
 Earnings per share $.42 $.42 --
 -0- 8/23/93
 /CONTACT: Kenneth E. Overstreet, executive vice president, or Mary Ann Morin, asst. treasurer, 612-338-8601, both of Northstar Computer Forms/
 (NSCF)


CO: Northstar Computer Forms, Inc. ST: Minnesota IN: CPR SU: ERN

AL-DB -- MN010 -- 5161 08/23/93 16:12 EDT
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Date:Aug 23, 1993
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