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TECHNOLOGY MARKETING INC. ANNOUNCES RESULTS FOR FOURTH QUARTER AND FISCAL YEAR END RESULTS FOR FEB. 29, 1992

 TECHNOLOGY MARKETING INC. ANNOUNCES RESULTS FOR FOURTH QUARTER
 AND FISCAL YEAR END RESULTS FOR FEB. 29, 1992
 IRVINE, Calif., June 1 /PRNewswire/ -- Technology Marketing Inc. (NASDAQ: TMKT) announced today the financial results for the fourth quarter of fiscal
year 1992. Consolidated revenues in the fourth quarter ended Feb. 29, 1992, were $926,673, resulting in a net loss of $158,307 for this period. This compares with sales of $1,696,435 and net profit of $137,678 for the same period a year ago. Net loss per share for the current quarter was $.05, vs. a gain of $.04 for the same quarter a year ago.
 For the fiscal year ended Feb. 29, 1992, TMI recorded a net gain of $33,411 on revenues of $6,347,588, compared to a net loss of $241,509 on revenues of $6,688,544 for the same period last year. The net gain per share in fiscal 1992 was $.01, compared to a net loss per share of $.08 for fiscal 1991.
 Technology Marketing Inc., headquartered in Irvine, is comprised of the Electronic Test Product Divisions, a supplier of computer-controlled Automatic Test Equipment used by electronic manufacturers worldwide.
 TECHNOLOGY MARKETING INC.
 Consolidated Statements of Operations
 (Unaudited)
 Three months ended Year ended
 Feb. 29, Feb. 28, Feb. 29, Feb. 28,
 1992 1991 1992 1991
 Revenues
 Net sales and
 contract revenues $892,231 $1,643,466 $6,158,718 $6,543,284
 Royalty and other
 income 34,442 52,969 188,870 145,260
 Total 926,673 1,696,435 6,347,588 6,688,544
 Costs and expenses 1,095,200 1,558,757 6,300,642 6,908,933
 Income (loss)
 before income
 taxes (168,527) 137,678 46,946 (220,389)
 Income taxes 10,220 --- (13,535) 21,120
 Net income (loss) (158,307) 137,678 33,411 (241,509)
 Per share data
 Net income (loss) ($.05) $.04 $.01 ($.08)
 Weighted average
 number of shares 3,094,850 3,068,850 3,114,871 3,068,850
 -0- 6/1/92
 /CONTACT: Robert Vesely, CFO of Technology Marketing, 714-863-1100/
 (TMKT) CO: Technology Marketing Inc. ST: California IN: CPR SU: ERN


CH-KJ -- LA033 -- 5935 06/01/92 17:30 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
Words:369
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