1 Exhibit 11 LANVISION SYSTEMS, INC. COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE Three Months Ended Six Months Ended July 31, July 31, ---------------------------------- --------------------------------- 1996 1995 1996 1995 --------------- --------------- -------------- -------------- Net (loss) $ (138,581) $ (129,032) $ (918,764) $ (485,774) ============= ============= ============ ============ Average shares outstanding 8,896,500 4,488,000 6,168,288 4,488,000 Stock options: Total -- 586,858 -- 586,858 Assumed treasury stock buyback -- (380,533) -- (380,533) Convertible redeemable preferred stock assumed converted -- 1,496,000 1,496,000 1,496,000 ------------- ------------- ------------ ----------- 8,896,500 6,190,325 7,664,288 6,190,325 ============= ============= ============ =========== Net (loss) per share of common stock $ (.02) $ (.02) $ (.12) $ (.08) ============= ============= ============ =========== 22