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		             Fourth Quarter 2002 Financial Data
		                 ZOOM TECHNOLOGIES, INC.
                 Consolidated Statements of Operations
                 In thousands, except per share amounts
                             (Unaudited)

                                 Three Months Ending   Years Ending
                                  12/31/02 12/31/01 12/31/02 12/31/01

Net sales                           $8,215   $9,578  $37,274  $41,570
Cost of goods sold                   5,822    8,338   27,937   35,193

  Gross profit                       2,393    1,240    9,337    6,377

Operating expenses:
  Selling                            1,360    1,642    5,848    7,481
  General and administrative           817    3,367    3,405    7,938
  Research and development             716    1,173    3,527    5,328

  Total operating expenses           2,893    6,182   12,780   20,747

  Operating profit (loss)             (500)  (4,942)  (3,443) (14,370)

Other income (expense), net            (27)     (25)      67     (159)

  Income (loss) before income taxes   (527)  (4,967)  (3,376) (14,529)

Income tax expense (benefit)             2        -    2,015    3,800

  Income (loss) before
   extraordinary gain                 (529)  (4,967)  (5,391) (18,329)

Extraordinary gain                       -        -      255        -

  Net income (loss)                  $(529) $(4,967) $(5,136)$(18,329)


Basic and diluted earnings (loss)
per share:

  Earnings (loss) per share before
   extraordinary gain               $(0.07)  $(0.63)  $(0.68)  $(2.33)
  Extraordinary gain                     -        -     0.03        -
  Earnings (loss) per share         $(0.07)  $(0.63)  $(0.65)  $(2.33)


Weighted average number of shares
 outstanding:

  Basic and diluted                  7,860    7,861    7,861    7,861

 

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  2006-04-20