1 Exhibit 11 LANVISION SYSTEMS, INC. COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE Three Months Ended July 31, ------------------------------ 1999 1998 ----------- ----------- Net (loss) $(1,580,039) $(2,911,003) =========== =========== Average shares outstanding 8,819,073 8,808,871 Stock options: Total options -- -- Assumed treasury stock buyback -- -- Warrants assumed converted -- -- Convertible redeemable preferred stock assumed converted -- -- ----------- ----------- Number of shares used in per common share computation 8,819,073 8,808,871 =========== =========== Basic net (loss) per share of common stock $ (0.18) $ (0.33) =========== =========== Diluted net (loss) per share of common stock $ (0.18) $ (0.33) =========== =========== Six Months Ended July 31, ------------------------------ 1999 1998 ----------- ----------- Net (loss) $(3,139,059) (6,047,088) =========== =========== Average shares outstanding 8,816,834 8,807,459 Stock options: Total options -- -- Assumed treasury stock buyback -- -- Warrants assumed converted -- -- Convertible redeemable preferred stock assumed converted -- -- =========== =========== Number of shares used in per common share computation 8,816,834 8,807,459 =========== =========== Basic net (loss) per share of common stock $ (.36) $ (0.69) =========== =========== Diluted net (loss) per share of common stock $ (.36) $ (0.69) =========== =========== 26