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SAGE ANALYTICS INTERNATIONAL INC. REPORTS SECOND QUARTER RESULTS

 PROVO, Utah, July 16 /PRNewswire/ -- Sage Analytics International Inc. (NASDAQ: SAII) reported today a second quarter loss of $224,163 or $.04 loss per share. Second quarter revenues were $145,560 as compared to revenues of $625,659 for the second quarter of 1992 -- representing a 77 percent reduction. The decline in revenues is because of the completion or scale-back of several significant contracts in Australia and the United States. The company is now actively marketing its services to replace these contracts with several significant proposals now pending. Despite the disappointing revenue results for the first six months of 1993, management is optimistic about the future revenue potential of the company given the number of proposals currently under consideration by prospective clients.
 Operating expenses during the second quarter were significantly less than the same quarter in 1992. Operating expenses for the second quarter of 1993 were $391,632 as compared to $551,107 for the second quarter of 1992 -- representing a 29 percent decrease.
 Sage Analytics International Inc. is engaged in the commercial application of a form of decision support technology which incorporates proprietary methodology and software and is marketed to private industry and government agencies.
 Sage Analytics International Inc. common stock is traded under the NASDAQ symbol of SAII.
 -0- 7/16/93
 /CONTACT: Jon D. Stephens, president of Sage Analytics International, 801-374-8070/
 (SAII)


CO: Sage Analytics International Inc. ST: Utah IN: CPR SU: ERN

EH-LS -- LA017 -- 2661 07/16/93 17:01 EDT
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Publication:PR Newswire
Date:Jul 16, 1993
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