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SCOTT INSTRUMENTS IS HEARD ON THE AMERICAN STOCK EXCHANGE'S EMERGING COMPANY MARKETPLACE

 SCOTT INSTRUMENTS IS HEARD ON THE AMERICAN STOCK EXCHANGE'S
 EMERGING COMPANY MARKETPLACE
 NEW YORK, July 16 /PRNewswire/ -- Scott Instruments Corporation of Denton, Texas, today joined the growing number of companies listed on the American Stock Exchange's Emerging Company Marketplace(SM). Trading under ticker symbol "SIC.EC", the company's common stock opened at 1-3/8 on 500 shares. The stock previously traded over-the-counter on NASDAQ's Supplemental list.
 Scott Instruments Corporation is engaged in the research, development and commercialization of its patented speaker independent speech recognition technology used in a wide variety of systems and products. Products and services using the company's proprietary technology -- including computer based training, telephone based voice processing, collect call automation and multi-media user interfaces -- enable a user to access and operate computer systems using speech input.
 "We are very proud of our company's advancement to the Emerging Company Marketplace. Trading in the AMEX auction market should enhance our visibility and reflect the progress we've made as a company," said Marvin Preston IV, chairman of Scott Instruments. The company has selected GHM, Inc. as its specialist unit.
 For the fiscal year ended Dec. 31, 1991, Scott Instruments realized a net income of $53,506 on $1,906,286 net sales, up from a net income loss of $183,413 on $1,451,516 net sales fiscal year end 1990.
 Today's listing brings to 27 the total number of companies listed on the Emerging Company Marketplace. The American Stock Exchange is committed to becoming the recognized, premier marketplace for growth companies and derivative securities. By responding to listed company needs and initiating quality services, the AMEX finds innovative ways to add value to the expanding community of companies and investors it serves.
 -0- 7/16/92
 /CONTACT: Paul Nobile of AMEX, 212-306-2028/
 (SIC.EC) CO: Scott Instruments Corporation ST: Texas IN: SU:


SH -- NY066 -- 9768 07/16/92 12:49 EDT
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Publication:PR Newswire
Date:Jul 16, 1992
Words:312
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