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RINGER ANNOUNCES FIRST QUARTER RESULTS

 RINGER ANNOUNCES FIRST QUARTER RESULTS
 MINNEAPOLIS, Feb. 11 /PRNewswire/ -- Ringer Corporation


(NASDAQ: RING) today reported net sales of $3,008,000 for its first quarter ended Dec. 31, 1991, up 127 percent from $1,328,000 for the same period last year. It reported a net loss for the quarter, which was anticipated, of $1,183,000 or $.14 per share compared to a net loss of $1,206,000 or $.21 per share in the same quarter a year ago.
 According to Udo E. Schulz, Ringer's president and chief executive officer, the increase in first quarter sales reflects strong early orders from retailers. He said, "A higher gross margin and efforts to control operating expenses contributed to a slight improvement of the net loss for this period. Because of the seasonal nature of its business, Ringer's sales are much higher in its second and third fiscal quarters than in the first and fourth quarters, while certain operating expenses precede the peak selling season resulting in a normal net loss for the first quarter."
 Ringer Corporation is a developer and leading marketer of environmentally compatible, premium performance lawn and garden care products which are offered as alternatives to synthetic chemical fertilizers and pesticides.
 RINGER CORPORATION
 CONSOLIDATED STATEMENT OF OPERATIONS
 (Unaudited)
 (In thousands except per share amounts)
 Three Months Ended
 12/31/91 12/31/90
 Net sales $3,008 $1,328
 Cost of goods sold 1,519 701
 Gross profit 1,489 627
 Operating Expenses:
 Sales and marketing 1,655 1,380
 General and administrative 657 316
 Research and development 347 193
 -- 2,659 1,889
 Loss before other income (expense) (1,170) (1,262)
 Other income (expense), net (13) 56
 Net loss $(1,183) $(1,206)
 Net loss per common and common
 equivalent share $(.14) $(.21)
 Average common and common equivalent
 shares outstanding 8,662,000 5,627,000
 -0- 2/11/92
 /CONTACT: Mark Robinow of Ringer, 612-941-4180/
 (RING) CO: Ringer Corporation ST: Minnesota IN: SU: ERN


AL -- MN007 -- 8769 02/11/92 11:31 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Date:Feb 11, 1992
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