SALT LAKE CITY, UTAH -- Evans & Sutherland Computer Corporation (E&S®) (NASDAQ: ESCC) today reported financial results for the fourth quarter and year ended December 31, 2001. Sales for the 2001 fiscal year were $145.3 million, down 13.0% from sales of $167.0 million in 2000. Net loss for 2001 was $27.5 million, or $2.70 per share, compared to the net loss of $69.8 million, or $7.45 per share, in 2000. For the fourth quarter ended December 31, 2001, sales were $27.9 million, compared to sales of $47.3 million for the fourth quarter of 2000. Net income for the fourth quarter of 2001 was $0.1 million, or $0.01 per share, compared to a net loss of $14.6 million, or $1.55 per share, in 2000. Comments from James R. Oyler, President and Chief Executive Officer "The fourth quarter was as expected, with a small net income, positive cash flow, and an increase in backlog. For the fourth quarter and the full year, revenue declined primarily because of program delays and the disposal of several business units. "Our results continue to be heavily influenced by several large fixed price defense contracts which have incurred high costs to complete and produced operating losses. Delays in these programs caused revenue reductions during the fourth quarter and the full year. In total, these programs are now over 90% complete, with several systems already in service and others entering service in 2002. "We have taken a number of measures to reduce operating costs and excess assets, dispose of unprofitable operations, and focus on our core strategy of visual systems and visual databases for simulation and closely related applications. We expect these actions, together with the completion of programs in loss positions, to produce improvement in operating results during 2002." For more information visit www.es.com