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SCIENCE DYNAMICS CORPORATION REPORTS RESULTS

 SCIENCE DYNAMICS CORPORATION REPORTS RESULTS
 CHERRY HILL, N.J., Feb. 18 /PRNewswire/ -- Science Dynamics


Corporation (NASDAQ: SIDY), manufacturer of distributed microprocessor equipment for the telephone industry and cryptographic systems for government and industrial applications, today announced sales and earnings for 1991 as follows:
 1991 1990
 Sales $6,927,981 $3,677,474
 Net income (loss) $136,088 ($1,238,588)
 Net income per share $.05 ($.43)
 Science Dynamics designs, manufactures and markets a broad range of telecommunications products for the telephone operating companies and the OEMs which supply such companies. The markets for the company's products have grown due to the rapid development in technology. This has created a demand for new products using these advanced technologies. Science Dynamics is developing these next-generation central office- based applications support equipment that will benefit from the emerging trends in telecom network evolution.
 Two generalized applications are emerging in the central office environment -- Information Access Services (IAS) and Voice Processing Services (VPS). IAS provides availability of database information such as directory listings, customer data, change number data, etc., via live or automated operators. VPS offers voice-based services such as voice mail, voice messaging, interactive voice response, automated attendant, etc. While VPS has been expanding rapidly over the past 5-6 years in the customer premise environment, it is just now taking hold in the telco central office. Published market reports indicate that IAS and VPS equipment sales should exceed $2 billion by 1995.
 Science Dynamics Corporation products include those systems that are focused on providing Voice Announcements, Intelligent Network Control and Administration, Enhanced Network Security, Interactive Communications, and Call Processing and Response capabilities.
 At present, the company supports more than 14,000 units in operation at the Bell companies and major independent telephone companies, as well as the smaller independents. Science Dynamics' systems enable existing telephone equipment (digital or analog) to provide new revenue- producing services and reduce operating costs.
 A wholly owned subsidiary, Communications Security Corporation, designs and manufactures cryptographic devices for sale, initially to approved foreign governments, with commercial sales to follow government acceptances. The present instruments available for sale are fax encryptors, telephone, and cellular encryptors. The company said it believes that these crypto systems are the most secure presently available, with the possible exception of the unit developed by the National Security Agency and closely guarded by that agency for very restricted government use. The company said it expects this subsidiary to add appreciably to future sales and earnings.
 Additional information may be obtained from Lyndon A. Keele, president, Science Dynamics Corporation, 1919 Springdale Road, Cherry Hill, N.J., 08003, 609-424-0068, or Gordon Wolfe of Wolfe-Lombard, 220 Fifth Ave., N.Y., N.Y., 10001, 212-545-8400.
 /delval/
 -0- 2/18/92
 /CONTACT: Lyndon A. Keele, president of Science Dynamics, 609-424-0068/
 (SIDY) CO: Science Dynamics Corporation ST: New Jersey IN: CPR SU: ERN


MP-KA -- PH012 -- 9856 02/18/92 10:52 EST
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Publication:PR Newswire
Date:Feb 18, 1992
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