Consolidated Statements of Income
( 000's except for per share amounts )

                                           Three Months Ending
                                       3/31/96             3/31/95

Net sales                         $  33,245 100.0%    $  20,339 100.0%
Cost of goods sold                   25,462  76.6%       15,549  76.4%

      Gross Profit                    7,783  23.4%        4,790  23.6%

Operating expenses:
      Selling                         2,706   8.1%        2,019   9.9%
      General and administration        828   2.5%          519   2.6%
      Research and development          611   1.8%          404   2.0%

      Total Operating Expenses        4,145  12.5%        2,942  14.5%

      Operating profit                3,638  10.9%        1,848   9.1%

Other income (expense), net            (125) -0.4%           21   0.1%

      Income before taxes on income   3,513  10.6%        1,869   9.2%

Taxes on income                       1,300   3.9%          729   3.6%

      Net income                   $  2,213   6.7%     $  1,140   5.6%


Earnings per share:

      Primary                      $   0.35            $   0.19

      Fully diluted                $   0.35            $   0.19


Average number of shares outstanding:

      Primary                         6,359               6,025

      Fully diluted                   6,359               6,025

NOTE: Certain employee benefit and occupancy expenses have been reclassed from G&A expense to COGS, Selling and R&D expense in order to more accurately reflect Zoom's cost structure. This treatment is handled consistently for all of the above reporting periods.