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ORANGE COUNTY EARNINGS

December 27, 1990

Irvine Sensors Corp.: The Costa Mesa-based developer of infrared devices and computer electronics packages reported a net loss of $788,100 for fiscal 1990, compared to a loss of $833,000 last year. Revenue for the year ended Sept. 30 rose 17%, to $3.5 million from $3 million. James Alexiou, president, attributed much of the year's revenue growth to the company's entry into commercial sales.

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