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Non-Tech : POSITIVE EARNINGS

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To: GARY P GROBBEL who started this subject10/18/2002 11:21:17 AM
From: GARY P GROBBEL  Read Replies (1) of 337
 
SIMA .55

B: SIMA Reports FY02 EPS 14c vs (59c) Estimates
B: SIMA Reports FY02 EPS 14c vs (59c) Estimates

Ridgeland, MS, OCT 18, 2002 (EventX/Knobias.com via COMTEX) -- Sonics &
Materials, Inc. (OTCBB: SIMA) today reported financial results for fiscal year
2002.

The Company had a net income of $485,921 or $.14 per basic and diluted share for
fiscal year 2002 compared to a net loss of ($2,078,215), or ($.59) per basic and
diluted share last year.

Revenues for fiscal year 2002 were $9,274,227, as compared to revenues of
$11,347,937 for fiscal year 2001.
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