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O.C. EARNINGS

May 11, 1993

CMS Enhancements Inc.: The Irvine producer of computer technology accessories and mass storage subsystems reported net income of $83,000, or 3 cents a share, for the third quarter of fiscal 1993, contrasted with a net loss of $1.2 million, or 41 cents a share, for the third quarter of fiscal 1992. Revenue for the quarter ended March 31 dropped 45%, to $15.7 million from $28.7 million. The company attributed the decline to the elimination of several unprofitable product lines. For the nine-month period, the company recorded net income of $195,000, or 7 cents a share. That contrasts with a net loss of $7.6 million, or $2.59 a share, for the first three quarters of fiscal 1992, which included a $4.5 million pretax charge for restructuring. Sales were down 37%, to $55.2 million from $87.8 million.

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