Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, August 31, 1993                   TAG: 9308310099
SECTION: BUSINESS                    PAGE: B7   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

ETS International Inc. of Roanoke has reported a loss of $685,808 for the fiscal year ended May 31 compared with a gain of $83,232 for the 1992 fiscal year. Revenues remained level at about $4.2 million.

President John D. McKenna said the flat revenues followed several years of gains. ETS had stepped up its expenses in anticipation of further growth, he said, so its expenses were out of line with revenues.

Expenses have been reduced, he said, and the company expects to make a profit in the first quarter of fiscal 1994.