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O.I. Corporation (NASDAQ: OICO) today announced its results for the three months ended September 30, 2010. These results are summarized below.

The limited information contained in this press release is not adequate information upon which to make an informed investment decision. Accordingly, we urge investors to read our Annual Report on Form 10-K for the year ended December 31, 2009 which we filed with the Securities Exchange Commission (SEC) on March 15, 2010. Additional information regarding our third quarter performance is available in our Quarterly Report on Form 10-Q which we filed with the SEC earlier today. This document is available on our website at www.oico.com/oicorp (http://www.oico.com/oicorp) and the SEC's website at www.sec.gov (http://www.sec.gov) .

O.I. CORPORATION FINANCIAL HIGHLIGHTS (in thousands, except earnings per share amounts) ---------------------------------------------------------- Three Months Ended September 30 ---------------------------------------------------------- 2010 2009 ---------------------------------------------------------- Net revenues $ 6,434 $ 4,889 ---------------------------------------------------------- Operating income (loss) 887 285 ---------------------------------------------------------- Income before income taxes 900 293 ---------------------------------------------------------- Provision for income taxes 338 81 ---------------------------------------------------------- Net income 562 212 ---------------------------------------------------------- ---------------------------------------------------------- Basic earnings per share 0.24 0.09 ---------------------------------------------------------- Diluted earnings per share 0.24 0.09 ---------------------------------------------------------- ---------------------------------------------------------------------- Balance Sheet Data September 30, December 31, Assets 2010 2009 ---------------------------------------------------------------------- Cash and investments $ 6,340 $ 4,614 Accounts receivable 5,532 4,371 Inventories 5,318 5,657 Other current assets 1,314 1,828 ---------------------------------------------------------------------- Total current assets 18,504 16,470 Long-term assets 3,884 4,117 ------------------------------------- Total assets $ 22,388 $ 20,587 Liabilities and Stockholders' Equity ---------------------------------------------------------------------- Total liabilities $ 3,670 $ 2,895 Stockholders' equity: 18,718 17,692 ------------------------------------- Total liabilities and stockholders' equity $ 22,388 $ 20,587 ---------------------------------

About O.I. Corporation:O.I. Corporation, dba OI Analytical, develops, manufactures, sells, and services analytical instrumentation that detects, measures, analyzes, and monitors chemicals in liquids, solids, and gases. Providing products used to digest, extract, and separate components of chemical mixtures, the Company designs application-specific solutions for various industries including environmental testing, defense, and petrochemical. Headquartered in College Station, Texas, the Company's products are sold worldwide.

Visit the Company's web site at:http://www.oico.com (http://www.oico.com)

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