Article: ZING TECHNOLOGIES, INC. REPORTS RESULTS FOR SECOND QUARTER AND SIX MONTHS ENDED DECEMBER 31, 1994

VALHALLA, N.Y., Feb. 15 /PRNewswire/ -- Zing Technologies, Inc. (Nasdaq: ZING), a manufacturer of high reliability power hybrid circuits, reported net income of $215,000, equal to $.08 per share, on net sales of $3,580,000, in the three month period ended December 31, 1994. In the comparable three month period in 1993, the Company earned $100,000, equal to $.04 per share, on net sales of $2,747,000.

The improvement in results is principally attributable to higher sales at the Company's Omnirel and TACTech subsidiaries, offset in part by slightly higher material costs as a percentage of sales due to an increased percentage of industrial (non-military) components in ...

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