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WINLAND ANNOUNCES PROFITABLE SECOND QUARTER

 WINLAND ANNOUNCES PROFITABLE SECOND QUARTER
 MINNEAPOLIS, July 20 /PRNewswire/ -- Winland Electronics, Inc.


announced today that net income for the second quarter ended June 30, 1992 was $4,697, or $.002 per share, up from a net loss of $40,080, or $.020 per share, for the same period last year. Net sales for the second quarter were $505,298 compared with net sales of $567,809 for the same period one year ago.
 Net income for the six month period ended June 30, 1992 grew to $54,151, or $.027 per share, compared with a net loss of $107,399, or $.054 per share, for the same period last year. Net sales for the six month year-to-date period increased to $1,207,011 from $1,090,462 reported last year.
 Management noted that the improved bottom line resulted from a combination of strict expense controls and increased sales of the company's higher margin, proprietary products.
 Winland Electronics, based in Mankato, Minn., manufactures and markets electronic and electro-mechanical assemblies. The company's common stock is traded on the Minneapolis/St. Paul Over-the-Counter market and is listed on the pink sheets.
 WINLAND ELECTRONICS, INC.
 STATEMENT OF OPERATIONS
 (Unaudited)
 QUARTER ENDED
 6/30/92 6/30/91
 NET SALES $505,298 $567,809
 Less, cost of goods sold (350,931) (395,951)
 Gross Profit on sales 154,367 171,858
 OPERATING EXPENSES
 General and Administrative 93,620 116,990
 Marketing 37,440 61,956
 Research and Development 11,014 8,199
 Total Operating Expenses 142,074 187,145
 Income (Loss) Before Other
 Income and Expense 12,293 (15,287)
 Miscellaneous Income 283 18
 Interest Expense (7,879) (24,811)
 TOTAL (7,596) (24,793)
 NET INCOME (LOSS) $4,697 $(40,080)
 NET INCOME (LOSS) PER COMMON SHARE $.002 $(.020)
 COMMON SHARES OUTSTANDING
 AS OF SEPT. 30, 1990 2,002,811 --
 SIX MONTHS ENDED
 6/30/92 6/30/91
 NET SALES $1,207,011 $1,090,462
 Less, cost of goods sold (831,723) (751,891)
 Gross profit on sales 375,288 338,571
 OPERATING EXPENSES
 General and Administrative 195,496 251,350
 Marketing 76,429 120,047
 Research and Development 19,825 24,591
 Total Operating Expenses 291,750 395,988
 Income (Loss) Before Other
 Income and Expense 83,538 (57,417)
 Miscellaneous Income 185 (114)
 Interest Expense (29,572) (49,868)
 TOTAL (29,387) (49,982)
 NET INCOME (LOSS) $54,151 $(107,399)
 NET INCOME (LOSS) PER COMMON SHARE $.027 $ (.054)
 COMMON SHARES OUTSTANDING
 AS OF SEPT. 30, 1990 2,002,811 --
 -0- 7/20/92
 /CONTACT: W. Kirk Hankins of Winland Electronics, 507-625-7231; or Chris Sellwood or Tom de Petra of De Petra & Associates, Inc., 612-338-7630, for Winland Electronics/ CO: Winland Electronics, Inc. ST: Minnesota IN: CPT SU: ERN


AL -- MN013 -- 0873 07/20/92 15:49 EDT
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Date:Jul 20, 1992
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