Profit for the quarter was $102,578 as opposed to a loss of $66,410 in the third quarter of 2001. And the year to date profit for 2002 is $77,927 compared to a loss of $416,478 for the same nine month period in 2001.

The increase in sales is due to success of the company's private label program for Video ENG Systems, and a resurgence of the Eye Dynamics' label Video ENG products after its September trade show at the American Academy of Otolaryngology.

Private label shipments accounted for about 40% of ENG sales in the last half of 2001, but in 2002 they now account for 66% of sales. Their success is due to a strong marketing program that has opened up new market segments (Neurology market) and selling of a complete package, including training for a "Fall Prevention and Rehabilitation" program. Eye Dynamics and its private label customer are currently negotiating a long-term exclusive manufacturing and distribution relationship.

Two other events are notable: (1) In October, Eye Dynamics shipped 3 EM/1 Eye Observation Systems to the Department of Forensic Sciences, State of Alabama. This brings their total order to 4, and a 5th unit will be shipped in November. And, (2) the company received an Export License for Iran. It has three Letters of Credit for purpose of the medical ENG system with shipments starting in November. It took almost one year of government scrutiny to obtain the license, which is good for one year. Eye Dynamics' agent in Tehran, Iran has indicated that he expects to receive additional orders in the coming months.

   About Eye Dynamics, Inc.    


                            

Eye Dynamics is in the business of producing and marketing patented proprietary products and other services for the institutional, medical and government markets. SafetyScope, the company's latest product, is designed for the 'fitness-for-duty' screening of workers. SafetyScope is simple to use, takes only 90 seconds and does not require any bodily fluids like urine-based drug testing. It is based on the manual methods of evaluating eye responses of an individual to detect neurological signs of impairment used by law enforcement throughout the United States. These signs can be caused not only by illegal drugs, but also reactions to prescribed or over-the-counter medications and/or physiological states like fatigue.

To find out more about Eye Dynamics, Inc. ( EYDY, Trade), visit our web site at www.EYEDYNAMICS.COM.

   Safe Harbor for Forward-Looking Statements    


                            

This news release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.