The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Autologic Information International Announces 2000 First Quarter Results

29 February 2000

Autologic Information International Announces 2000 First Quarter Results
    THOUSAND OAKS, Calif., Feb. 29 -- Autologic Information
International announced today its consolidated financial
results for its first quarter of 2000.

                  AUTOLOGIC INFORMATION INTERNATIONAL, INC.
                               AND SUBSIDIARIES
                       SUMMARY OF RESULTS OF OPERATIONS
               (Dollars in thousands, except per share amounts)

                           For the Quarter Ended

                              January 28,             January 29,
                                     2000                    1999

    Revenues                     $17, 648                 $18,796
    Income before
     income taxes                      32                      51
    Provision for
     income taxes                      14                      21
    Net Income                        $18                     $30


                                     PER SHARE DATA

    Net Income -- basic
     and diluted                    $0.00                   $0.01
    Weighted avg. number
     of shares outstanding
    -- basic                        5,788                   5,788
    Weighted avg. number
     of shares outstanding
     -- diluted                     5,788                   5,788

    Commenting on the results, Dennis Doolittle, President and Vice Chairman,
stated that "The first quarter results marked a return to profitability after
losses in the three previous quarters. Xitron, our wholly owned subsidiary,
continues to perform well with a 16% increase in sales over the same period in
the prior year due to strong growth in its OEM business.  In addition, orders
for the wide versions of both the Computer-to-Plate (CTP) and 3850 film imager
have been increasing.
    "As part of our continuing effort to reduce overhead and restore
profitability, a 6% worldwide workforce reduction was implemented in February,
with the majority of the layoffs in Thousand Oaks.  In addition, as previously
announced, the Company terminated its Laser Cinema Recorder Program." Mr.
Doolittle continued,  "We are confident that our ongoing cost control
initiatives, strong debt-free balance sheet and order backlog will continue to
be reflected in the coming quarters."
    Autologic Information International designs, manufactures, markets and
services computer-based electronic pre-press systems to the publishing
industry worldwide.

    This press release contains forward-looking statements, which are subject
to a number of known and unknown risks and uncertainties that could cause
actual results, performance and achievements to differ materially from those
described or implied in the forward-looking statements.  Factors that could
cause or contribute to such difference include, but are not limited to,
general economic and business conditions (both in the United States and in the
overseas markets where the Company distributes products), pressures on margins
from competition, the Company's ability to expand its market base, and
technological changes.  These and other factors are discussed in the Company's
Annual Report on Form 10-K for the year ended October 29, 1999 and other
reports filed by the Company from time to time with the Securities and
Exchange Commission.