Monday, November 4, 1996

Ontrack Data International, Inc. announces 3rd quarter results

Ontrack Data International, Inc. ( Nasdaq/NM: ONDI ) reported net income of $645,000 or $.08 per share for the quarter ended September 30, 1996 compared to $583,000 or $.07 per share for the quarter ended September 30, 1995. Total revenues were $6,671,000 for the quarter ended September 30, 1996 compared to $4,565,000 for the same period in 1995.

For the nine months ended September 30, 1996 net income was $1,957,000 or $.25 per share compared to $1,592,000 or $.20 per share for the same period in 1995. Total revenues were $18,573,000 for the nine months ended September 30, 1996 compared to $11,751,000 for the same period in 1995.

Ontrack is a leading provider of data recovery services to a broad range of customers experiencing a loss of valuable computer data.  The Company first developed expertise in data file structures, operating systems, and storage media technologies in 1985 through the development of  Disk Manager,  a hard disk drive installation software utility which the Company continues to market.

#####