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WINLAND ELECTRONICS, INC. REPORTS YEAR-END PROFITABILITY ON INCREASED SALES

 MANKATO, Minn., Feb. 9 /PRNewswire/ -- Winland Electronics, Inc. announced today that it achieved sales growth and profitability on operations during 1992.
 For the 12 months ended Dec. 31, 1992, the company reported sales of $2,414,739 compared to $2,305,428 reported last year. Net income was $42,822, or $.021 per share, this year compared to a net loss of $(234,134), or $(.120) per share, last year.
 As a percentage of sales, gross profit margin increased to 28.4 percent during the 12 months ended Dec. 31, 1992 from 24.5 percent during the same period one year ago. General and administrative expense was $367,659, a 28.6 percent decline from $516,119 reported one year ago. As a result, general and administrative expense, as a percentage of sales, declined to 15.2 percent this year compared to 22.4 percent, last year.
 W. Kirk Hankins, Winland's chairman and CEO, stated, "We are pleased that we met our objectives with respect to improved expense control and enhancements in margin performance. Reduced expenses in these year-end results reflect the benefit of our strict cost containment programs established early in the year. Although Winland faced increasingly competitive markets, we were able to enhance margin performance through more efficient and productive labor and engineering practices."
 Hankins further stated, "Management is totally committed to continuing our cost control program and more efficient engineering and manufacturing practices to achieve further long-term improvement in bottom-line performance."
 Winland Electronics designs, manufactures, and markets proprietary and OEM electro-mechanical products and assemblies.
 WINLAND ELECTRONICS, INC.
 STATEMENTS OF OPERATIONS
 YEARS ENDED DECEMBER 31, 1992 AND 1991
 (Audited)
 1992 1991
 INCOME
 Sales $2,414,739 $2,305,428
 Cost of Sales (1,729,014) (1,739,872)
 Gross Profit $685,725 $565,556
 OPERATING EXPENSES
 General & Administrative $367,659 $516,119
 Marketing 168,658 170,173
 Research & Development 56,133 35,619
 TOTAL OPERATING EXPENSES $592,450 721,911
 Operating Income (Loss) $93,275 $(150,355)
 Miscellaneous Income 2,983 --
 (Loss) on Sale of Assets (779) --
 Interest Expense $(52,657) $(86,779)
 NET INCOME $42,822 $(234,134)
 Net Income Per Share $.021 $(.120)
 Number of Shares Outstanding 2,002,811 2,002,811
 -0- 02/09/93
 /CONTACT: Tom de Petra or Adrienne Griffith of de Petra & Associates, 612-338-7630, for Winland Electronics; or W. Kirk Hankins, CEO of Winland Electronics, 507-625-7231/


CO: Winland Electronics, Inc. ST: Minnesota IN: CPR SU: ERN

AL -- MN012 -- 4794 02/09/93 15:43 EST
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Date:Feb 9, 1993
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