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THE RANDERS GROUP INCORPORATED REPORTS OPERATING RESULTS FOR THE FIRST QUARTER OF 1993

 MUSKEGON, Mich., May 7 /PRNewswire/ -- The Randers Group Incorporated (AMEX-ECM: RGI) reported continued improvement in operating results for the first quarter of 1993. Revenues for the first three months of 1993 were $2,851,000 compared to $1,009,000 for the same period in 1992. Operations for the first quarter of 1993 resulted in net income of $14,000 ($.00 per share) compared to a net loss of $165,000 ($.01 per share) for 1992.
 RANDERS GROUP INCORPORATION
 First Quarter Ended
 March 31,
 1993 1992
 Revenues $2,851,000 $1,009,000
 Net income (loss) $14,000 ($165,000)
 Earnings (loss) per share $.00 ($.01)
 Average numbers of shares outstanding 14,097,500 14,035,349
 The first quarter of 1993 represented the fourth consecutive quarter of improved revenues and the third consecutive quarter of profitable operations. The company is beginning to realize results from the marketing program it began in late 1991 and from an improving economy.
 The intensified marketing program has resulted not only in increased revenues, but in the establishment of an office in the Charleston, W.Va., area during the latter part of 1992. During 1993, the company plans to continue its strong marketing efforts and to implement procedures to improve the efficiency and quality of its services.
 Optimistic about the future, the company remains committed to its growth plans as a strong, single source, design/build firm for technology-related projects and systems.
 -0- 5/7/93
 /CONTACT: LaWanda Furlough of The Randers Group, 616-733-0036/
 (RGI)


CO: The Randers Group Incorporated ST: Michigan IN: SU: ERN

SB-JG -- DE013 -- 5927 05/07/93 11:47 EDT
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Publication:PR Newswire
Date:May 7, 1993
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