Magshimim, Israel, - NUR Macroprinters Ltd. (NASDAQ: NURM), a leading manufacturer and marketer of wide and superwide format digital inkjet printers and consumables, today announced record revenues and record profits before one time Salsa Digital acquisition related costs for the third quarter ended September 30, 2000. This marks the fourteenth consecutive quarter of record revenues and earnings growth for the company. The adjusted earnings excludes the one time effect of Salsa Digital acquisition related costs amounting to $4.9 million, comprising of $4.3 million for write-off of in-process R&D and $0.6 million for other acquisition related costs. Revenues for the third quarter of 2000 increased 143% to $36.60 million, compared to $15.08 million for the same quarter last year. Gross profit increased 142% to $17.30 million versus $7.14 million for the comparable period last year. Total operating expenses increased 169% to $12.17 million in the third quarter of 2000 from $4.53 million in the third quarter of 1999, due primarily to a 150% and 205% increase in research and development expenses and selling expenses, respectively. Net income before the one time Salsa Digital acquisition related costs of $4.9 million and after intangibles amortization cost of $0.73 million and interest expenses of approximately $0.45 million, both related to the Salsa Digital acquisition, increased by 75% to $3.66 million from $2.09 million for the comparable period last year. The $0.73 cost of intangibles amortization, reducing the net income to $3.36 million, is an expected recurring quarterly expense for an average of six years, resulting from the Salsa Digital Acquisition. Earnings per share (excluding one time Salsa Digital acquisition related costs) increased by 42% to $0.24 per share on a fully diluted basis, as compared to $0.16 per share for the comparable period last year. Taking into account the one time Salsa Digital acquisition related costs the company reported a net loss of $1.24 and loss per share of $0.08 on a fully diluted basis. Revenues for the nine months ended September 30, 2000 were $82.23 million, an increase of 105%, compared to $40.14 million for the same period the previous year. Gross profit increased to $39.37 million from $19.75 million for the same period last year, an increase of 99%. Excluding M. NUR Marketing & Communication GmbH`s results from the nine months ended September 30, 1999 period (an operation that was sold during the third quarter of 1999), revenues increased 118% from $37.68 million for the same period the previous year and gross profit increased 111% from $18.63 million for the same period last year. Net income, before one time Salsa Digital acquisition related costs and after intangibles amortization cost and interest expenses related to the acquisition, was $9.33, or $0.64 per share on a fully diluted basis, for the nine months ended September 30, 2000 compared to $4.83 million or $0.39 per share for the comparable period last year. Taking into account the one time Salsa Digital acquisition related costs the company reported net income of $4.43 and earning per share of $0.31 on a fully diluted basis.