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TRION, INCA?NNOUNCES SALES AND EARNINGS FOR THIRD QUARTER AND NINE MONTHS

 SANFORD, N.C., Oct. 12 /PRNewswire/ -- Trion, Inc. (NASDAQ-NMS: TRON) announced improved sales and earnings for the third quarter and nine months ended Sept. 30, 1993:
 TRION, INC.
 Three Months Ended Nine Months Ended
 Sept. 30, Sept. 30,
 1993 1992 1993 1992
 Sales $8,871,000 $7,971,000 $24,950,000 $25,330,000
 Net income (loss) $ 309,000 $ (816,000) $ 918,000 $ (517,000)
 Net income (loss)
 per share $ .05 $ (.13) $ .15 $ (.08)
 In 1992, a nonrecurring charge reduced third quarter net income by $969,000 or $.15 per share. Excluding the nonrecurring charge, net income for the third quarter 1993 increased 102 percent over the prior year.
 Steven L. Schneider, president and chief executive officer, stated that the improvement in third quarter income resulted from an 11 percent increase in sales volume, product costs improvements and operating expense reductions. Third quarter results showed continued improvement even though one-time charges for closing the company's Canadian operation and start-up of a new product line for a major retail customer were included in these results. Sales in the first nine months of 1992 included $893,000 in sales of the discontinued dehumidifier line. The company's financial condition remains sound with shareholders' equity increasing to $13,855,000, working capital improving to $12,087,000 and long-term debt at 25 percent of equity.
 Trion specializes in the design, manufacture and sale of air cleaning equipment for consumer, residential, commerical and industrial markets.
 -0- 10/12/93
 /CONTACT: W.P. Glaser of Trion, 919-775-2201/
 (TRON)


CO: Trion, Inc. ST: North Carolina IN: ENV SU: ERN SLS

MM -- CH002 -- 0993 10/12/93 10:12 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
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