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ZONIC SETS RECORD FOR THIRD QUARTER ON 66 PERCENT REVENUE INCREASE

 ZONIC SETS RECORD FOR THIRD QUARTER
 ON 66 PERCENT REVENUE INCREASE
 CINCINNATI, Jan. 30 /PRNewswire/ -- Zonic Corporation (NASDAQ: ZNIC) today reported the best third quarter and nine months in the company's history.
 Gerald J. Zobrist, Zonic president and chief executive officer, said that revenues for the most recent three months increased 66 percent reflecting increases in all product lines and in all geographic sales areas.
 He attributed the gains to favorable contributions of recent product introductions and increased effectiveness of the company's sales and marketing efforts.
 Zobrist said Zonic had a better than 20 percent increase in backlog of orders from a year ago.
 For the three months ended Dec. 31, 1991, Zonic reported net earnings of $110,598 or 4 cents per share compared with a restated loss of $142,543 or 5 cents per share in the like quarter a year ago.
 Sales for the 1992 fiscal third quarter increased 66 percent to $2,675,334 from restated sales of $1,609,787 in the year ago period.
 Earnings and sales for the previous year's third quarter have been restated to defer revenue previously recognized from development contracts. Before the restatement, Zonic had reported earnings of $130,882 or 4 cents per share on sales of $1,865,515 in the year ago period.
 For the first nine months of the current fiscal year, Zonic reported earnings of $402,516 or 13 cents per share compared with a restated loss of $137,262 or 5 cents per share for the first nine months of the 1991 fiscal year. Sales for the current nine months rose 78 percent to $7,978,914 compared with restated sales of $4,480,643 in the year ago period.
 Prior to the restatement, Zonic reported earnings of $289,852 or 10 cents per share on sales of $5,166,672 for the year ago nine month period.
 Zobrist said the revenue and earnings gain was lead by a strong contribution from the company's World Class Analyzer, introduced in the United States in August 1991.
 "This signal processing software and hardware system, used in noise and vibration measurement, incorporates the user-friendly features of Apple's Macintosh technology featuring window-driven software, pull-down menus and a point-and-click mouse for ease of use," Zobrist said.
 "It exemplifies Zonic's efforts to develop all products around features that are simple to operate," he said.
 Zobrist noted that with the debut of the World Class Analyzer, Zonic was addressing the middle range of price points between its low-priced 3500 Series line of analyzers and its most sophisticated Workstation 7000 and System 7000 product lines.
 "It further represents our efforts to standardize our product lines and shorten our selling cycles," Zobrist said. Also contributing to increased revenues were the company's machinery monitoring software and hardware products which monitor the structural integrity of industrial equipment while in use. Zobrist said sales were especially strong in the Pacific Rim. He said too that increased revenues for both the three and nine month periods was due to further penetration by the company into the automotive and aerospace industries.
 "The robust sales and earnings Zonic has experienced this year are the outcome of moves made in 1988 when our sales were only $2.6 million, Zobrist explained.
 "Since that time, we have developed a stronger sales force in the United States, started a selling organization in Europe and introduced mid-priced products that have allowed us to capture market share from larger competitors," Zobrist said. Zonic Corporation develops, manufactures and markets proprietary software and computerized test and measurement equipment used in a wide range of industrial and military applications. Zonic systems and related software have broad application in product engineering and design, testing, and performance monitoring. Company headquarters are located in the Greater Cincinnati metropolitan area with sales and service facilities in North America, Western Europe and the Pacific Rim.
 Comparative Financial Data
 (unaudited)
 For the Three & Nine Month Periods Ended
 December 31, 1991 and 1990
 Three Months Pct
 12/31/91 12/31/90 Change
 (restated)
 Revenues $2,675,334 $1,609,787 66.2
 Earnings 110,598 (142,543) n/a
 Earnings per Share .04 (.05) n/a
 Weighted Average Shares 3,076,669 2,964,937 3.8
 Backlog of Orders 5,268,556 4,375,000 20.4
 Nine Months Pct
 12/31/91 12/31/90 Change
 (restated)
 Revenues $7,978,914 $4,480,643 78.1
 Earnings 402,516 (137,262) n/a
 Earnings per Share .13 (.05) n/a
 Weighted Average Shares 3,076,669 2,964,937 3.8
 Backlog of Orders 5,268,556 4,375,000 20.4
 -0- 1/30/92
 /CONTACT: T. Clay Lehmann, treasurer & chief financial officer of Zonic Corporation, 513-248-1911; or Nicholas G. Biro of O'Connor Biro & Associates, 708-498-2284, for Zonic Corporation/
 (ZNIC) CO: Zonic Corporation ST: Ohio IN: CPR SU: ERN


KK -- CL005 -- 5214 01/30/92 11:50 EST
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Date:Jan 30, 1992
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