To: slaffe who wrote (75 ) 8/10/1998 9:36:00 AM From: slaffe Read Replies (1) | Respond to of 197
News regarding projected earnings, conference call GENTNER COMMUNICATIONS CORPORATION Announces Investor Relations Conference Call SALT LAKE CITY, Aug. 10 /PRNewswire/ -- Gentner Communications Corporation (Nasdaq: GTNR) today announced that it will be holding an investor relations conference call on Tuesday, August 11, 1998 at 4:00 p.m. Eastern Standard Time. To make a reservation to participate in the call, dial 800-289-1879 or 801-974-3700. Gentner will rebroadcast the call through its WebCast service via broadcast.com(R), which can be accessed at the companies Web site, gentner.com . In anticipation of the conference call, Gentner has prepared a comparative analysis of fiscal 1998 results versus fiscal 1999 projections. For the year ended June 30, 1998, Gentner reported earnings per share of $0.18. During fiscal 1998, Gentner enjoyed tax-loss carryforwards that resulted in the company paying no tax for that year. Had Gentner been in a taxable situation in fiscal 1998, earnings would have been $0.11 per share. Earnings projections for fiscal 1999, based on net income after taxes, are $0.18 - $0.23 per share. These numbers are based on net revenue projections of $21.5 - $23.5 million, representing a 25 - 30 percent increase in net revenue over fiscal 1998. The projection of $0.18 - $0.23 for fiscal 1999 represents an earnings-per-share increase of between 64 and 100 percent, as compared to fiscal 1998, had the tax-loss carryforwards not been available for that year. Gentner Communications Corporation provides technology, service and educational solutions for U.S. and international markets. The company has a wide product and service mix featuring remote facilities management systems, audio conferencing products, and a nationwide conference calling service. Note: To the extent any statement presented herein deals with information that is not historical, such statement is necessarily forward-looking. As such, it is subject to the occurrence of many events outside the Company's control that could cause the Company's results to differ materially from those anticipated. Please see the risk factors contained in the Company's 10-KSB filed with the SEC. SOURCE Gentner Communications Corporation 08/10/98 /CONTACT: Susie Strohm, Vice President of Finance of Gentner Communications, 801-975-7200, or sstrohm@gentner.com/ /Web site: gentner.com (GTNR) CO: Gentner Communications Corporation ST: Utah IN: FIN TLS SU: