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PATTERN PROCESSING TECHNOLOGIES REPORTS FISCAL 1993 FIRST QUARTER RESULTS

 MINNEAPOLIS, Feb. 24 /PRNewswire/ -- Pattern Processing Technologies, Inc. (NASDAQ: PPRO) (PPT) today reported net revenues of $1,244,688 for the first quarter ended Jan. 31, 1993, an increase of 7.4 percent compared with net revenues of $1,158,394 in the first quarter of the prior year. The net profit in the fiscal 1993 first quarter was $50,183 or $.03 per share compared with a net profit of $167,489 or $.09 per share in the prior year's first quarter.
 Fiscal 1993's first quarter revenues included record sales of 40 vision systems bringing to 404 the total number of vision systems sold since inception. This compares with the previous record of 37 systems sold in the fourth quarter of fiscal year 1992, and 28 systems sold in the prior year's first quarter. The company expects unit volume increases to continue to outpace sales dollar increases as the trend toward increased sales of lower price systems continue. To capitalize on this trend, the company introduced the 200VPC vision system in 1992 and expects the 200VPC to be an increasing part of the company's sales mix. During the first quarter of fiscal 1993, 17 of the 40 systems sold were 200VPCs.
 Joseph Christenson, the company's president, indicated that although net revenues increased, the company's 1993 first quarter net profit was lower than in the 1992 first quarter due to significantly increased operating expenses. Christenson indicated that sales and marketing and product development expenses have been increased as part of the company's efforts to build its infrastructure to prepare for a higher level of future sales, broaden its sales coverage, improve its customer support capabilities and enhance the performance capabilities of its VPC product line.
 While the company is very encouraged by the growing positive customer acceptance the VPC product line is receiving, the machine vision industry continues to be characterized by long sell cycles and difficulty in precisely projecting revenue results on a quarterly basis. Consequently, while the company expects revenue results to continue to improve significantly on an annual basis, there may be some volatility in short term quarter-to-quarter results.
 Pattern Processing Technologies, Inc. designs, manufactures, markets and integrates machine vision-based automated inspection systems for manufacturing applications such as electronic and mechanical assembly verification, character verification, packaging integrity, surface flaw detection, and gauging and measurement tasks.
 Pattern Processing Technologies, Inc.'s common stock is traded on the NASDAQ system under the symbol PPRO.
 -0- 2/24/93
 /CONTACT: Joseph C. Christenson, president of Pattern Processing Technologies, 612-942-5747/
 (PPRO)


CO: Pattern Processing Technologies, Inc. ST: Minnesota IN: SU: ERN

KH -- MN007 -- 9824 02/24/93 10:38 EST
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Date:Feb 24, 1993
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