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SYM-TEK SYSTEMS INC. REPORTS SECOND QUARTER PROFIT

 SAN DIEGO, Nov. 9 /PRNewswire/ -- Sym-Tek Systems Inc. (NASDAQ: SYMKE) today announced revenues of $8,336,000 and net income of $1,022,000, or $0.66 per share, for the quarter ended Sept. 30, 1993, compared with revenues of $6,002,000 and net income of $158,000, or $0.10 per share, for the same quarter of the previous fiscal year, according to Ray Twigg, president. Included in the current year's second quarter results is an extraordinary credit of $409,000, or $0.26 per share, related to income tax loss carry forwards.
 Revenues for the six months ended Sept. 30, 1993, were $14,973,000 and the net income was $1,332,000, or $0.86 per share, vs. revenue of $12,711,000 and a net loss of $1,346,000, or $0.87 per share, for the same period of the previous fiscal year. Included in the first six month's results of the current fiscal year is an extraordinary credit of $533,000, or $0.34 per share, related to income tax loss carry forwards.
 Twigg stated, "The turn around in profitability for the first six months of this year and particularly this most recent quarter has been fueled by deliveries against several large orders for older seasoned products. These products, primarily the MP3050 series, enjoy a healthy gross profit margin which attributed to the large increase in revenue and profit."
 Sym-Tek previously announced it is continuing the search for alternative sources of financing to alleviate its severe liquidity problems. The company's revolving credit facility with its existing lender has been extended to Dec. 31, 1993. The amount of the facility remained at $2,500,000. As previously announced in August 1993, the company is in discussion with Aseco Corp. whereby Aseco would acquire Sym-Tek in a merger which Aseco would exchange its stock for the outstanding stock of Sym-Tek. The two companies are currently working under a memorandum of understanding. Definitive agreements have not yet been agreed to.
 Sym-Tek Systems Inc., manufactures and sells electro-mechanical handlers that heat or cool integrated circuits to precise temperatures, place them into position for testing and sort them based on test results. The market for the company's products is driven by worldwide capacity increases for semiconductors, as well as the continually changing packages that house the integrated circuits.
 SYM-TEK SYSTEMS INC.
 Summary of Financial Results
 For the Periods Ended Sept. 30
 Three Months Six Months
 1993 1992 1993 1992
 Net sales $8,336,000 $6,002,000 $14,973,000 $12,711,000
 Net income (loss)
 before extra-
 ordinary item $613,000 $158,000 $799,000 (1,346,000)
 Extraordinary item $409,000 --- $533,000 ---
 Net income (loss) $1,022,000 $158,000 $1,332,000 (1,346,000)
 Net income (loss)
 per share before
 extraordinary
 item $0.40 $0.10 $0.52 ($0.87)
 Extraordinary item $0.26 --- $0.34 ---
 Net income (loss)
 per share $0.66 $0.10 $0.86 ($0.87)
 Average shares
 outstanding 1,547,000 1,547,000 1,547,000 1,547,000
 -0- 11/9/93
 /CONTACT: Ray Twigg, president or Lowell W. Gifforn, VP-finance, Sym-Tek Systems, 619-674-6800; or Tom Gable or Kris Lichter, The Gable Group, 619-234-1300/
 (SYMKE)


CO: Sym-Tek Systems Inc. ST: California IN: CPR SU: ERN

EH-LM -- SD009 -- 2467 11/09/93 17:24 EST
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Date:Nov 9, 1993
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