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RAINBOW TECHNOLOGIES ANNOUNCES RECORD REVENUES AND NET INCOME FOR THREE-MONTH PERIOD AND YEAR ENDING, DEC. 31, 1991

 RAINBOW TECHNOLOGIES ANNOUNCES RECORD REVENUES AND NET INCOME
 FOR THREE-MONTH PERIOD AND YEAR ENDING, DEC. 31, 1991
 IRVINE, Calif., Feb. 5 /PRNewswire/ -- Rainbow Technologies Inc. (NASDAQ: RNBO) today announced net income increased 139 percent during the fourth quarter of 1991 to $978,500 from $409,000 for 1990's comparable period.
 Net income per share for the fourth quarter increased 73 percent to $0.19 compared to 1990's net income per share of $0.11. Sales for the fourth quarter increased 38 percent to $5,117,000.
 For the year ended Dec. 31, 1991, net income increased 79 percent to $3,429,000 from last year's comparable period figure of $1,920,000. Net income per share advanced 63 percent to $0.80 from $0.49.
 Revenues for 1991 were $18,945,000, up 39 percent from $13,676,000 in 1990.
 "Our 1991 results reflect the continued worldwide demand for our software protection products and the overall strength of the personal computer software market," said Walter W. Straub, president and chief executive officer of Rainbow Technologies Inc. "We achieved our financial goals and developed our management team and processes to continue to improve our customer service and products."
 RAINBOW TECHNOLOGIES INC. FINANCIAL HIGHLIGHTS
 (Unaudited)
 Three months ended Years ended
 Dec. 31, Dec. 31,
 1991 1990 1991 1990
 Net sales $5,117,000 $3,719,000 $18,945,000 $13,676,000
 Net income $978,500 $409,000 $3,429,000 $1,920,000
 Income per
 share $0.19 $0.11 $0.80 $0.49
 Average number of
 shares outstanding 5,282,000 3,718,000 4,308,000 3,930,000
 -0- 2/5/92
 /CONTACT: Ann Jones (investor relations) of Rainbow Technologies, 714-454-2100; or Bill Prichard, AS/PR, or Robert J. Fisher, president, of Fisher Business Communications, 714-852-1313, for Rainbow Technologies/
 (RNBO) CO: Rainbow Technologies Inc. ST: California IN: CPR SU: ERN


JL-EH -- LA007 -- 6997 02/05/92 08:02 EST
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Publication:PR Newswire
Date:Feb 5, 1992
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