Biospherics Inc.For the first time in two years...

BY THE NUMBERS

March 13, 1992

Biospherics Inc.

For the first time in two years, Biospherics Inc. reported yesterday a slight annual profit, despite a decline in revenues.

The Beltsville company, which is trying to develop a sugar substitute, said the improved results resulted from lower costs achieved by limiting the number of people hired and from the completion of several contracts.

During 1991, the company won a key patent for calcium tagatate, a compound used in the manufacturing of its sweetener, D-Tagatose. In addition, the company announced an agreement earlier this week with Pfizer Inc., which has agreed to pay the cost of testing Biospherics' sugar substitute.

Three months ending 12/31/91

.. ..Revenue .. .. ..Net .. .. Share

'91 .. 3,836,542 .. 150,582 .. ..0.04

'90 .. 3,375,075 .. (409,892) .. (0.11)

% change .. .. +13.7

Twelve months ending 12/31/91

.. ..Revenue .. .. .. Net .. .. .. .. Share

'91 .. $15,125,317 .. 129,630 .. .. .0.03

'90 .. $15,891,268 .. .(447,369) .. (0.12)

% change -4.8 -- --

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