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Response Technologies Inc. reports results for the quarter and year ended Dec. 31, 1994.

MEMPHIS, Tenn.--(BUSINESS WIRE)--Feb. 10, 1995--Response Technologies Inc. today reported a net loss for the quarter ended Dec. 31, 1994 of $687,000, or ($.02) per share, compared to net earnings of $103,000, or $.00 per share, for the quarter ended Dec. 31, 1993

Net revenue for the fourth quarter of 1994 was $9.6 million compared to $10.2 million for the same period last year, a decrease of approximately 6 percent.

Net revenue for the year ended Dec. 31, 1994 was $38.3 million, compared to $37.7 million last year, an increase of approximately 2 percent. The loss for the year was $2,344,000 or ($.07) per share, compared to net earnings of $697,000, or $.02 per share, for the year ended Dec. 31, 1993.

William H. West, M.D., CEO, stated, "This year's loss from operations results, in part, from patient referral that has failed to increase in line with our expectations. Other factors which impacted this year's operations include a substantial decline in revenue from one of our busiest centers during the first half of the year, further reductions in a subset of metastatic breast patients who have emerged to be poor candidates for high dose therapies, and non-recurring losses from special situations in several of our centers. We are encouraged by several indicators that point to the conclusion that the demand for complex chemotherapy services will increase in 1995."

Response Technologies has a network of 27 owned and six managed treatment centers, which administer high-dose chemotherapy coupled with peripheral blood stem cell support of the immune system and other supportive services under the direction of practicing oncologists.

The common stock of Response Technologies Inc. is traded on the American Stock Exchange (AMEX) under the symbol RTK.

-0-
 Response Technologies Inc. and Subsidiaries
 Consolidated Statements of Operations (unaudited)


 Three Months Ended Dec. 31
 1994 1993
Net Revenue $ 9,621,758 $10,219,048
Other Income -- principally interest 76,603 29,986
 ----------- -----------
 9,698,361 10,249,034
Costs and Expenses
 Operating 8,158,022 8,007,503
 General and administrative 1,063,405 836,472
 Depreciation and amortization 512,596 539,009
 Interest 5,450 28,321
 Provision for doubtful accounts 648,569 683,036
 Loss on disposal 50,000 0
 ----------- -----------
 10,388,042 10,094,341


Earnings (loss) before equity in
 loss of unconsolidated affiliate (689,681) 154,693
Equity in loss of unconsolidated
 affiliate 0 (48,475)
 Net earnings (loss) (689,681) 106,296


Accrual of common stock dividend to
 preferred stockholders (2,824) (2,922)
 Net earnings (loss) to
 common stockholders ($686,857) $103,296


Earnings (loss) per common share:
Net earnings (loss) ($0.02) $0.00
Accrual of Common Stock Dividend to
 Preferred Stockholders -- --
 Net earnings (loss) to common
 stockholders ($0.02) $0.00
 Weighted average number of
 common shares 34,820,612 34,663,270


 Response Technologies, Inc. and Subsidiaries
 Consolidated Statements of Operations (Unaudited)


 Twelve Months Ended December 31
 1994 1993
Net Revenue $38,251,304 $37,696,594
Other Income -- principally interest 219,548 187,979
 ---------- ----------
 38,470,852 37,884,573


Costs and Expenses
 Operating 31,758,314 29,743,675
 General and administrative 4,285,810 2,891,150
 Depreciation and amortization 2,124,877 1,916,543
 Interest 120,653 92,476
 Provision for doubtful accounts 2,527,685 2,469,968
 ----------- ----------
 40,817,339 37,113,812


Earnings (Loss) Before Equity In
 Loss of Unconsolidated Affiliate (2,346,487) 770,761
Equity in (Loss) of Unconsolidated
 Affiliate 0 (71,228)
 Net Earnings (2,346,487) 699,533
Accrual of Common Stock Dividend to
 Preferred Stockholders (2,824) (2,922)
 Net Earnings to Common Stockholders ($2,343,663) $696,611
Earnings (Loss) Per Common Share:
 Net Earnings (Loss) ($0.07) $0.02
Accrual of Common Stock Dividend to
 Preferred Stockholders -- --
 Net Earnings (Loss) to Common
 Stockholders ($0.07) $0.02
 Weighted Average Number of Common
 Shares 34,765,787 33,618,784


CONTACT: Response Technologies Inc., Memphis

Investor Inquires, 901/761-7000
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Date:Feb 10, 1995
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