StockDiagnostics.com Upgrades Kodak to Highest OPS Rating


NEW YORK, May 22, 2002 (PRIMEZONE) -- Kodak's trailing 12 months' OPS(TM) (Operational-cashflow Per Share) increases 75% to a five-year record and StockDiagnostics.com has upgraded Eastman Kodak Company (NYSE:EK) to an OPS Rating(TM) of "1." An OPS Rating of "1" is the highest that a company can achieve. OPS Ratings on more than 7,500 companies can be found at: http://www.stockdiagnostics.com

Kodak's OPS Rating increase was justified by its recently filed Cash Flow Statements for its first quarter ended March 31, 2002. Its computed OPS (Operational-cashflow Per Share) for the quarter was a $.17 per share as compared with a ($.17) per share for the quarter ended March 31, 2001. To view Kodak's quarterly OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/20qtrs/91/20291.htm.

Kodak's OPS for its most recent 12 months ended March 31, 2002 increased 75% to $7.44 per share as compared with $4.24 per share for the 12 months ended March 31, 2001. Kodak's OPS for its most recent 12 months was the highest recorded for any 12-month period ending on March 31. To view Kodak's "5 year history-trailing 12 month" OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/5yrs/91/20291.htm

For information on OPS (Operational-cashflow Per Share) go to: http://www.stockdiagnostics.com/member/ops.htm

How are OPS Ratings determined?

OPS Ratings were discovered from StockDiagnostics.com's in-depth research on Operational Cash Flow. These studies revealed that a company's OPS (Operational-cashflow Per Share) logically falls into a mathematical sequence that ranks it into one of eight distinctive risk categories. Ratings are scaled 1 through 8, with number one (1), being the highest rating and number eight (8), the lowest. A "Ratings Suspended" status is given for all companies diagnosed with The EPS Syndrome(TM) during the most recent four quarters.

For more information on OPS Ratings go to: http://www.stockdiagnostics.com/member/ops_rating.htm

For information on The EPS Syndrome go to: http://www.stockdiagnostics.com/member/eps_syndrome.htm

About StockDiagnostics.com

StockDiagnostics.com has designed and built a proprietary data refinery that automates the process of collecting, sorting and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement and securities pricing variances or anomalies and to monitor changes in the performance of public companies.

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