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XATA CORPORATION REPORTS FIRST QUARTER RESULTS

 BURNSVILLE, Minn., Feb. 11 /PRNewswire/ -- XATA Corporation announced a net loss of $276,367 on sales of $363,408 for the first quarter ended Dec. 31, 1992, compared to a net loss of $205,062 on sales of $59,890 for the comparable quarter ended Dec. 31, 1991, as summarized below:
 XATA CORPORATION
 First Quarter Ended
 12/31/92 12/31/91
 Sales $363,408 $59,890
 Operating (loss) 275,333 (203,839)
 Net (loss) $(276,367) $(205,062)
 Net (loss) per share $(.04) $(.04)
 Weighted average common
 shares outstanding 7,706,960 5,229,859
 The company stated that the sales increase of 507 percent compared to the prior year period is primarily from increased sales of its XC2 version computer. The increase in operating loss for the first quarter compared to the prior year is primarily due to greater operating expenses for sales and administration.
 In November 1992, the company announced the signing of an agreement with Ryder Truck Rental, Inc. (Ryder) whereby Ryder will market XATA's product under Ryder's private label to segments of the heavy duty truck transportation industry.
 XATA Corporation is engaged in the design, manufacture and sale of programmable information systems to the truck fleet industry which utilizes a touch-screen 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.
 The company's securities are traded on the local over-the-counter market in Minneapolis-St. Paul.
 -0- 2/11/93
 /CONTACT: Arve Moser of XATA Corporation, 612-894-3680/


CO: XATA Corporation ST: Minnesota IN: CPR AUT SU: ERN

DS -- MN044 -- 5884 02/11/93 16:43 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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