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ORANGE COUNTY EARNINGS

May 20, 1994

Urethane Technologies Inc.: The Santa Ana developer of polyurethane systems and production technology reported a net loss of $917,719, or 13 cents a share, for the first quarter, compared with a net loss of $724,147, or 12 cents a share, for the prior-year period. Revenue was down to $340,302 from $496,651.

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