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TECHTEAM ANNOUNCES RECORD INCREASE IN REVENUES AND EARNINGS FOR THE SECOND QUARTER AND THE FIRST SIX MONTHS OF 1992

TECHTEAM ANNOUNCES RECORD INCREASE IN REVENUES AND EARNINGS FOR THE
 SECOND QUARTER AND THE FIRST SIX MONTHS OF 1992
 DEARBORN, Mich., July 20 /PRNewswire/ -- National TechTeam, Inc. (NASDAQ: TEAM) today announced that it earned net income of approximately $231,000, or $.03 per share, on revenues of $2,558,000 for the second quarter ended June 30, 1992. The 1992 second-quarter results represent a 30-percent increase in revenues and a $217,000 increase in earnings over the second quarter of 1991. These results represent record second-quarter revenues and earnings for the company.
 TechTeam earned $333,000, or $.04 per share on revenues of $4,773,000, for the first six months of 1992, as compared to incurring a net loss of $52,000, or $.01 per share on revenues of $3,928,000 for the first six months of 1991. Management expects this strong growth in revenues and earnings to continue for the remainder of 1992.
 NATIONAL TECHTEAM, INC.
 Quarter Ended June 30 1992 1991
 Revenue $2,558,000 $1,958,000
 Net income 231,000 14,000
 Net income per share .03 .01
 Six Months Ended June 30 1992 1991
 Revenue $4,773,000 $3,928,000
 Net income (loss) 333,000 (52,000)
 Net income (loss) per share .04 (.01)
 TechTeam's 30-percent increase in revenues is attributed to the successful positioning of the company over the past five years to become a national provider of computer support, training, and contract placement services. TechTeam's president and CEO William F. Coyro Jr. stated, "Over 100 million microcomputers are used by corporate America and 6,000 additional microcomputers are added each day. We expect the demand for TechTeam's computer support solutions to grow as companies struggle to control their spending on computer products and begin to manage new technologies. TechTeam is successful because we help companies efficiently use their computers to maximize employee productivity. TechTeam's record revenue growth is evidence that the company is well-positioned to meet the growing need for quality computer support services."
 -0- 7/20/92
 /CONTACT: William F. Coyro Jr., president and CEO, or Douglas Howard, CFO, 313-277-2277, both of National TechTeam/
 (TEAM) CO: National TechTeam, Inc. ST: Michigan IN: CPR SU: ERN


SB-ML -- DE006 -- 0610 07/20/92 09:45 EDT
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Publication:PR Newswire
Date:Jul 20, 1992
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