One hour, 48-mins??

Why is the imdb running time listed as one hour and forty-eight minutes? I only know of a 94-minute version.
Was it possible that in its early festival screenings there was a longer version, and after it was picked up by AFTER HOURS HORRORFEST it was edited?

"Almost nobody dances sober, unless they happen to be insane." 
H. P. Lovecraft