EMJ ANNOUNCES FIRST SIX MONTHS 2002 FINANCIAL RESULTS

EMJ announces 90th consecutive profitable quarter

GUELPH, ON - March 6, 2002 - EMJ Data Systems Ltd. (TSE:EMJ) today reported its financial results for the six months ended January 31, 2002. Net income for the six months ended January 31, 2002 was $2.2 million or $0.28 per share compared to $2.6 million or $0.34 per share for the same period the previous year. Net income for the second quarter was $725,000 or $0.09 per share compared to $869,000 or $0.11 per share the same quarter the previous year, a decrease of $144,000 or 16.6%. The Companys twelve-month trailing earnings per share is $0.51.

Sales for the six months ended January 31, 2002 were $92.4 million, a decrease of $11.0 million or 10.6% from $103.4 million the previous year. Sales for the second quarter were $40.2 million, a decrease of $7.2 million or 15.1% from $47.4 million the comparable quarter the previous year. Strategic inventory purchases from distressed companies in the first quarter had a positive impact on EMJs gross margin in the second quarter resulting in a 9.1% gross margin for the quarter compared to 8.2% for the same quarter the previous year.

According to EMJs CEO and President, Jim Estill, We are very pleased with these results especially in the context of the overall economic situation. EMJ is financially a very strong company that is able to capitalize on opportunities that exist in a weak market."

The increase in accounts receivable to $29.4 million at January 31, 2002 from $20.6 million at July 31, 2001 reflects certain strategic sales the Company made in the first quarter, which have not yet been collected. EMJ continues to take advantage of favourable terms with certain vendors, which has increased the accounts payable outstanding to $17.0 million from $13.4 million at year-end.

EMJs operating lines supplied approximately $739,000 to complete the construction of a new office and warehouse facility in North Carolina in the second quarter.

This marks EMJs 90th consecutive quarter of operating profit.

About EMJ
Headquartered in Guelph, Ontario, EMJ Data Systems Ltd. is a publicly owned Canadian distributor of computer products and peripherals. EMJ specializes in high-performance products for Apple, Bar Coding/Auto-ID/Point-of-Sale, Digital Video, Internetworking, RAID, Unix and Wireless applications. EMJ has branch offices in Vancouver, Calgary, Winnipeg, Ottawa, Markham, Montreal and Halifax, as well as one office in the United States. Interested parties can reach EMJ via the World Wide Web at www.emj.ca <http://www.emj.ca>.

Trade Symbol TSE:EMJ

For information, contact:
Jim Estill, Chief Executive Officer
(519) 837-2444, ext. 213
EMJ Data Systems Ltd.
P. O. Box 1012, Guelph, ON NlH 6N1