C.I.S. TECHNOLOGIES, INC. AND SUBSIDIARIES Exhibit 11 Computation of Per Share Earnings Three months Three months ended ended March 31, 1996 March 31, 1995 Common shares outstanding 30,189,589 30,093,706 Effect of using weighted average common and common equivalent shares outstanding 2,383,982 2,384,182 Effect of shares issuable under stock option plans based on the treasury stock method - 17,789 Shares used in computing primary and fully-diluted earnings per share 32,573,571 32,495,677