Calian Technologies Ltd. Declares a Quarterly Dividend of $0.17 Per Share and a Special Dividend of $1.00 Per Share
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OTTAWA, ONTARIO, Nov 12 (MARKET WIRE) --
Calian Technologies Ltd. (TSX: CTY) today declared a quarterly dividend
of $0.17 per share. In addition, the Company declared the payment of a
special dividend of $1.00 per share. The dividends are payable December
9, 2009 to shareholders of record as of November 25, 2009. Dividends paid
by the Corporation are considered "eligible dividend" for tax purposes.
"Fiscal 2009 was truly an exceptional year with record performance in
terms of revenues, earnings and cash flow generation. In recognition of
these results and the fact that certain contributing factors are
considered non-recurring, we are pleased to reward our shareholders with
a special dividend in addition to our regular dividend" stated Ray
Basler, President and CEO.
About Calian
Calian sells technology services to industry and government in Canada and
around the world. Calian provides customers with ready access to an
exceptional team of engineers, telecommunications and technology
professionals, health care professionals and other highly qualified
staff. The Business and Technology Services Division augments customer
workforces with flexible short and long-term placements, recruitment and
outsourcing of engineering, health care professionals and other skilled
professionals. The Systems Engineering Division plans, designs and
implements solutions for many of the world's space agencies and leading
communications satellite manufacturers and operators, as well as
providing contract manufacturing services for customers in North America.
Contacts:
Calian Technologies Ltd.
Ray Basler
Chief Executive Officer
306-931-3425
Calian Technologies Ltd.
Jacqueline Gauthier
Chief Financial Officer
613-599-8600
ir@calian.com
www.calian.com
Copyright 2009, Market Wire, All rights reserved.
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