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OXBORO MEDICAL INTERNATIONAL, INC. ANNOUNCES RESULTS

 MINNEAPOLIS, Feb. 15 /PRNewswire/ -- Oxboro Medical International, Inc. is a Minneapolis-based holding company whose wholly-owned subsidiary, Oxboro Medical, Inc., is in the business of developing, assembling, and selling medical and surgical devices.
 The company indicated that increased revenues result from a combination of new customers, increased volume, and new products. The Registrant experienced an increase in the customer base as well as increased sales of current products to existing customers.
 1st Quarter 12/31 FY 1993 FY 1992
 Revenue $826,721 $690,599
 Percent Change 19.7
 Net Income $179,374 $144,151
 Percent Change 24.4
 Net/Shr. Income $.07 $.06
 -0- 2/15/93
 /CONTACT: Oxboro Medical International, Inc., 612-755-9516/


CO: Oxboro Medical International, Inc. ST: Minnesota IN: MTC SU: ERN

BM -- MN019 -- 6618 02/15/93 17:02 EST
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Publication:PR Newswire
Date:Feb 15, 1993
Words:132
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