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SURGIDYNE, INC. REPORTS THIRD QUARTER AND NINE MONTHS PROFIT

 SURGIDYNE, INC. REPORTS THIRD QUARTER AND NINE MONTHS PROFIT
 INVER GROVE HEIGHTS, Minn., Oct. 29 /PRNewswire/ -- Surgidyne, Inc. (the company) today announced third quarter 1992 results. The company reported a profitable third quarter as well as a profitable nine months for operations through Sept. 25, 1992.
 Revenues for the third quarter fiscal 1992 were 75 percent higher than for the same period in 1991, and the nine month sales for 1992 were 40 percent greater than for the same period in 1991. The increased revenues in the third quarter were due primarily to sales of its new postoperative orthopedic autotransfusion products to Baxter Healthcare Corporation.
 The company makes portable battery-powered vacuum controllers and disposable suction and collection products for surgical wound drainage, postoperative orthopedic autotransfusion and other medical/surgical applications.
 The company's common stock is traded in the local over-the-counter market. The company's executive offices are located at 9605 West Jefferson Trail, Inver Grove Heights, Minn., 55077.
 SURGIDYNE, INC.
 Third Quarter
 1992 1991
 Revenue $364,491 $207,749
 Percent change +75 --
 Net income (loss) 9,515 (33,035)
 Net income (loss) per share .002 (.01)
 Nine Months
 1992 1991
 Revenue $982,717 $707,218
 Percent change +40 --
 Net income (loss) 48,155 541

 Net income (loss) per share .01 .00
 -0- 10/29/92
 /CONTACT: Charles B. McNeil, executive vice president of Surgidyne, 612-681-9235/ CO: Surgidyne, Inc. ST: Minnesota IN: MTC SU: ERN


KH -- MN021 -- 6755 10/29/92 16:17 EST
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Publication:PR Newswire
Date:Oct 29, 1992
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