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XATA CORPORATION ANNOUNCES SALES AND EARNINGS

 XATA CORPORATION ANNOUNCES SALES AND EARNINGS
 BURNSVILLE, Minn., May 15 /PRNewswire/ -- XATA Corporation announced


a net loss of $225,954 on sales of $243,365 for the second quarter ended March 31, 1992, compared to a net loss of $127,156 on sales of $85,521 for the comparable period ended March 31, 1991. For the six months ended March 31, 1992, the company had a net loss of $431,016 on sales of $303,255, compared to a net loss of $359,618 on sales of $113,427 for the six months ended March 31, 1991, as summarized below:
 XATA CORPORATION
 Second Quarter Ended Six Months Ended
 3/31/92 3/31/91 3/31/92 3/31/91
 Sales $243,365 $85,521 $303,255 $113,427
 Operating (loss) (157,684) (125,571) (361,703) (289,159)
 Net (loss) $(225,954) $(127,156)$(431,016)$(359,618)
 Net (loss) per share $(.03) $(.03) $(.07) $(.11)
 The company stated that the operating loss was primarily due to increased sales effort, including additional advertising, brochures, trade shows, and increases in staff and expenses related to the merger of the company and Northwest Acquisitions, Inc. on Dec. 5, 1991.
 The net loss of $255,954 for the second quarter ended March 31, 1992, includes an accrued non-operating one-time cost of $76,362 attributable to settlement of a lawsuit commenced by a former employee of the company.
 XATA Corporation is engaged in the design, manufacture and distribution of information systems to the truck fleet industry which utilizes a proprietary programmable onboard computer and software to provide driver and management information, such as driver logs, state fuel tax reports, dispatch instruction, maintenance data and fuel economy management.
 -0- 5/15/92
 /CONTACT: Arve E. Moser of XATA, 612-894-3680/ CO: XATA Corporation ST: Minnesota IN: CPR SU: ERN


AL -- MN013 -- 0890 05/15/92 15:50 EDT
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Publication:PR Newswire
Date:May 15, 1992
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