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Thursday June 25, 4:00 pm Eastern Time
Company Press Release
SOURCE: TAB Products Co.
TAB Reports Year-End Results
PALO ALTO, Calif., June 25 /PRNewswire/ - TAB Products Co. 

                               TAB Products Co.

    For the Fiscal Year Ended May 31          1998                1997

    Revenues                          $165,943,000        $154,451,000
    Operating Income                     5,229,000           7,631,000
    Earnings Before Taxes                4,590,000           6,657,000
    Income Taxes                         2,155,000           2,896,000
    Net Earnings                         2,435,000           3,761,000
    Earnings Per Share:
     Basic                                    $.48                $.77
     Diluted                                  $.46                $.75
    Shares Used in Computation:
     Basic                               5,101,565           4,879,131
     Diluted                             5,286,363           5,017,075

    Three Months Ended May 31                 1998                1997

    Revenues                           $43,831,000         $40,423,000
    Operating Income (Loss)            (1,766,000)           1,635,000
    Earnings (Loss) Before Taxes       (1,944,000)           1,429,000
    Income Taxes (Benefit)               (687,000)             622,000
    Net Earnings (Loss)                (1,257,000)             807,000
    Earnings (Loss) Per Share:
     Basic                                  $(.24)                $.16
     Diluted                                $(.24)                $.16
    Shares Used in Computation:
     Basic                               5,166,170           4,915,220
     Diluted                             5,166,170           5,100,147
SOURCE: TAB Products Co.

For more info see:

http://biz.yahoo.com/prnews/980625/ca_tab_pro_1.html

Stan
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