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OXBORO MEDICAL INTERNATIONAL ANNOUNCES RESULTS

 OXBORO MEDICAL INTERNATIONAL ANNOUNCES RESULTS
 MINNEAPOLIS, Aug. 11 /PRNewswire/ -- Oxboro Medical International,


Inc. indicated that increased revenues resulted from a combination of new customers, increased volume and new products. The registrant experienced an increase in the customer base while sales of current products to existing customers also increased.
 OXBORO MEDICAL INTERNATIONAL, INC.
 Third Quarter Ended Nine Months Ended
 6/30/92 6/30/91 6/30/92 6/30/91
 Revenue $807,287 $664,486 $2,274,490 $1,972,152
 Percent change +21.5 -- +15.3 --
 Net income $184,065 $87,966 $500,319 $381,007
 Percent change +109.2 -- +31.3 --
 Net/Shr. Income $.07 $.04 $.19 $.16
 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.
 -0- 8/11/92
 /CONTACT: Harley Haase of Oxboro Medical, 612-755-9516/ CO: Oxboro Medical International, Inc. ST: Minnesota IN: MTC SU: ERN


KH -- MN014 -- 9133 08/11/92 16:58 EDT
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Publication:PR Newswire
Date:Aug 11, 1992
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