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SELFIX REPORTS THIRD QUARTER EARNINGS

 SELFIX REPORTS THIRD QUARTER EARNINGS
 CHICAGO, Nov. 12 /PRNewswire/ -- Selfix, Inc. (NASDAQ-NMS: SLFX),


today reported that net sales for the 13 weeks ended Sept. 26, 1992, were $9.70 million compared to $11.77 million for the same period last year.
 The company also reported net earnings for the period of $197,711 compared to earnings of $644,389 for the same period last year. Net earnings per share for the period were $.06 compared to $.19 for the same period last year.
 For the 39 weeks ended Sept. 26, 1992, sales decreased to $27.76 million compared to $30.31 million for the same period last year, a decrease of 8.4 percent.
 Chairperson of the Board Norma L. Ragir noted, "Sales continued to be soft due to the recessionary economy and restricted inventory investment by our major customers. However, the company is optimistic that its increased investment in new product development, which has affected operating expenses in 1992, will favorably impact sales in 1993.
 Selfix is listed on the NASDAQ National Market System under the ticker symbol SLFX.
 SELFIX, INC.
 Summary of Earnings Report
 Quarterly Period Fiscal YTD Period
 Periods 13 Weeks 39 Weeks
 Ended 9/26/92 9/28/91 9/26/92 9/28/91
 Sales $9,695,382 $11,767,024 $27,764,713 $30,312,581
 Net earnings $ 197,711 $ 644,389 $ 150,729 $ 866,114
 Net EPS $.06 $.19 $.04 $.25
 Aver. shares
 outstanding 3,455,589 3,464,446 3,448,988 3,455,962
 -0- 11/12/92
 /CONTACT: Robert Mariani, president of Selfix, 312-890-1010; or Judi Main of Judi Main & Associates, 312-871-3212, for Selfix/
 (SLFX) CO: Selfix, Inc. ST: Illinois IN: HOU SU: ERN


GK -- NY083 -- 0381 11/12/92 16:36 EST
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Publication:PR Newswire
Date:Nov 12, 1992
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