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UNITED MEDICORP, INC. ANNOUNCES THIRD QUARTER RESULTS

 DALLAS, Nov. 23 /PRNewswire/ -- Medicorp, Inc. (BSE: UMI; Dow Jones ticker symbol: UMCI) today reported a net loss of $185,566, or $.01 per share, for the three months ended Sept. 30, 1993, compared to a net loss of $396,244 or $.03 per share, for the three months ended Sept. 30, 1992. Revenues for the three months ended Sept. 30, 1993 totaled $395,621, compared to $223,817 for the three months ended Sept. 30, 1992.
 Eugene W. Aune, president and chief executive officer of United Medicorp, stated, "UMC made continued progress during the third quarter of 1993. Our marketing, sales and product strategies have been updated, and additional experienced healthcare professionals have been hired to expand and support our direct sales force."
 United Medicorp provides third party healthcare claims processing, management, collection, and accounting services for hospitals throughout the United States.
 -0- 11/23/93
 /CONTACT: Pete Seaman, chief financial officer of United Medicorp, Inc., 214-360-5262/


CO: United Medicorp, Inc. ST: Texas IN: HEA SU: ERN

SP -- NY034 -- 7246 11/23/93 11:52 EST
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Publication:PR Newswire
Date:Nov 23, 1993
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