Fourth Quarter 2002 Financial Data
		                   ZOOM TECHNOLOGIES, INC.
                         Consolidated Balance Sheets
                                In thousands


                                                 Dec 31,      Dec 31,
                                                  2002         2001
                                               (Unaudited)   (Audited)

Assets

Current assets:

       Cash                                      $7,612        $5,252
       Accounts receivable, net                   3,714         5,652
       Inventories, net                           6,783        11,083
       Prepaid expenses and other                 1,038         1,000

               Total current assets              19,147        22,987

Property and equipment, net                       3,486         4,129

Other non-current assets                              -         2,069

               Total assets                     $22,633       $29,185

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

       Current portion of long-term debt           $192          $139
       Accounts payable                           2,407         2,750
       Accrued expenses                           1,207         1,880

               Total current liabilities          3,806         4,769

       Long-term debt                             5,342         5,745
       Other non-current liabilities                  -           255

               Total liabilities                  9,148        10,769

Stockholders' equity:

       Common stock                              28,245        28,245
       Treasury stock                                (2)            -
       Retained earnings (deficit) and
         foreign currency translation           (14,758)       (9,829)

               Total stockholders' equity        13,485        18,416

               Total liabilities &
               Stockholders' equity             $22,633       $29,185