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ILLINOIS SUPER HAS $3 MILLION NET LOSS

MOUNT PROSPECT, Ill.-Illinois Superconductor Corp. announced a third quarter net loss of $3 million, or 58 cents per share, compared with a net loss of $3.2 million, or 70 cents per share, reported last year.

Net revenues for the quarter ended Sept. 30 were $216,750, compared with $25,000 for the same period last year. The company reported progress in achieving revenue growth and expanding relationships with cellular and personal communications services providers.

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