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XSCRIBE CORP. ANNOUNCES RESULTS

 XSCRIBE CORP. ANNOUNCES RESULTS
 SAN DIEGO, Jan. 13 /PRNewswire/ -- Xscribe Corp. (NASDAQ: XSCR)


announced today that its third quarter ended Dec. 31, 1991 resulted in net income of $116,000 ($.02 per share) on revenues of $1,954,000. This current quarter net income resulted entirely from ongoing operations. For the comparable quarter of the prior year, these ongoing operations generated revenues of $1,587,000 and a net loss of $691,000. Non-recurring gains of $1,723,000 in that prior-year quarter brought total net income to $1,032,000 ($.16 per share).
 For the nine months ended Dec. 31, 1991, Xscribe reported a net loss of $91,000 ($.01 per share) on revenues of $5,775,000. This compares to a net loss of $4,266,000 ($.64 per share) and revenues of $8,347,000 for the comparable period of the prior year.
 Suren G. Dutia, Xscribe's president and chief executive officer, stated, "We are very pleased to report that Xscribe has returned to profitable operations. We are sincerely grateful to our loyal customers and suppliers and to our dedicated employees, without whom we would not have been successful. This turnaround is especially significant and gratifying since it was achieved in the midst of a recession and very difficult economic and market conditions. We are cautiously optimistic that the success of our new XEC-2001 software and StenoRam III Plus Writer should give us the impetus to continue our growth and profitability."
 Xscribe Corp. designs and markets a wide variety of high technology stenotype writers and software products for stenotypists, including computer-aided transcription systems for court reporters and real-time captioning systems for the hearing impaired.
 XSCRIBE CORP.
 Selected Financial Data
 Quarter Ended Dec. 31,
 1991 1990
 Revenues $1,954,000 $1,587,000
 Net income (loss) 116,000 1,032,000(a)
 Net income (loss)
 per share .02 .16
 Average shares and
 equivalent shares
 outstanding 7,488,000 6,647,000
 Nine Months Ended Dec. 31,
 1991 1990
 Revenues $5,775,000 $8,347,000
 Net income (loss) (91,000) (4,266,000)(a)
 Net income (loss)
 per share (.01) (.64)
 Average shares and
 equivalent shares
 outstanding 6,727,000 6,647,000
 (a) Includes non-recurring gains of $1,723,000.
 -0- 1/13/92
 /CONTACT: Bruce C. Myers, VP-operations and CFO of Xscribe, 619-457-5091, ext. 319/
 (XSCR) CO: Xscribe Corp. ST: California IN: CPR SU: ERN


KJ-EH -- SD006 -- 9291 01/13/92 18:42 EST
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Date:Jan 13, 1992
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