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XATA CORPORATION REPORTS FOURTH QUARTER AND ANNUAL RESULTS

 MINNEAPOLIS, Nov. 11 /PRNewswire/ -- XATA Corporation today reported net sales for the fourth quarter ended Sept. 30, 1993, of $892,280, an increase of 70 percent over net sales of $525,138 in last year's fourth quarter. The net loss for the fourth quarter was $89,829, or 1 cent per share, vs. a net loss of $113,435, or 2 cents per share, in last year's fourth quarter.
 For the fiscal year ended Sept. 30, 1993, net sales were $2,526,284, an increase of 140 percent over net sales of $1,052,954 last year. The net loss for the year was $722,519, or 8 cents per share, vs. $679,886, or 10 cents per share, last year.
 The company said that its strong increase in sales for both the quarter and the year resulted from greater awareness within the truck fleet industry of XATA's product line and successful product evaluations by new customers. XATA said it has continued to invest in developing its infrastructure to support a higher sales level, and is positioning the company for long-term growth and profitability.
 XATA Corporation, based in Burnsville, Minn., is a designer, manufacturer and marketer of programmable on-board information systems to the truck fleet industry. XATA systems utilize touch-screen computers, accessories and related software components to provide driver and management information such as driver logs, state fuel tax reports, dispatch instructions, maintenance information and fuel economy management data.
 XATA Corporation's securities are traded on the local over-the- counter market in Minneapolis/St. Paul, Minn., and quoted on the OTC Bulletin Board.
 XATA CORPORATION
 SUMMARY OF FINANCIAL STATEMENTS
 Fourth quarter ended
 9/30/93 9/30/92
 Net sales $892,280 $525,138
 Net income (loss) $(89,829) $(113,435)
 Income (loss) per common share $(0.01) $(0.02)
 Weighted average
 common shares outstanding 9,462,490 7,435,973
 Year ended
 9/30/93 9/30/92
 Net sales $2,526,284 $1,052,954
 Net income (loss) $(722,519) $(679,886)
 Income (loss) per common share $(0.08) $(0.10)
 Weighted average common
 shares outstanding 9,007,854 6,889,053
 -0- 11/11/93
 /CONTACT: Doug Ewing of Swenson/Falker Associates, 612-371-0000, for XATA; or Arve Moser of XATA, 612-894-3680/


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

CP-DB -- MN023 -- 3387 11/11/93 16:35 EST
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Publication:PR Newswire
Date:Nov 11, 1993
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