AirBoss of America Corp. Declares Dividend
March 19 2014 - 2:08PM
Marketwired
AirBoss of America Corp. Declares Dividend
NEWMARKET, ONTARIO--(Marketwired - Mar 19, 2014) - AirBoss of
America Corp. (TSX:BOS) -
The Company is
pleased to announce that the Board of Directors has approved a
quarterly dividend of $0.05 per common share to be paid April 17,
2014 to shareholders of record at April 3, 2014.
AirBoss of America
Corp. develops, manufactures, and sells high quality, proprietary
rubber based products offering enhanced performance and
productivity to transportation, military and industrial markets.
With a capacity to supply over 250 million pounds of rubber
annually to a diverse group of rubber manufacturers, AirBoss is
also one of North America's largest custom rubber compounding
companies. AirBoss-Defense is a world leader in rubber chem-bio
protective wear. AirBoss' Flexible Products is a leading supplier
of innovative anti-vibration solutions to the North American
automotive market. The Corporation's shares trade on the TSX under
the symbol BOS. Visit www.airbossofamerica.com.
AIRBOSS FORWARD
LOOKING STATEMENT DISCLAIMER
Certain
statements contained or incorporated by reference herein, including
those that express management's expectations or estimates of future
developments or AirBoss' future performance, constitute
"forward-looking statements" within the meaning of applicable
securities laws, and can generally be identified by words such as
"will", "may", "could" "expects", "believes", "anticipates",
"forecasts", "plans", "intends" or similar expressions. These
statements are not historical facts but instead represent
management's expectations, estimates and projections regarding
future events and performance.
Forward-looking
statements are necessarily based upon a number of opinions,
estimates and assumptions that, while considered reasonable by
management at the time the statements are made, are inherently
subject to significant business, economic and competitive risks,
uncertainties and contingencies. AirBoss cautions that such
forward-looking statements involve known and unknown contingencies,
uncertainties and other risks that may cause AirBoss' actual
financial results, performance or achievements to be materially
different from its estimated future results, performance or
achievements expressed or implied by those forward-looking
statements. Numerous factors could cause actual results to differ
materially from those in the forward-looking statements, including
without limitation: impact of general economic conditions; its
dependence on key customers; cyclical trends in the tire and
automotive, construction, mining and retail industries; sufficient
availability of raw materials at economical costs; weather
conditions affecting raw materials, production and sales; AirBoss'
ability to maintain existing customers or develop new customers in
light of increased competition; changes in accounting policies and
methods, including uncertainties associated with critical
accounting assumptions and estimates; changes in the value of the
Canadian dollar relative to the US dollar; changes in tax laws and
potential litigation; ability to obtain financing on acceptable
terms; environmental damage caused by it and non- compliance with
environmental laws and regulations; potential product liability and
warranty claims and equipment malfunction. This list is not
exhaustive of the factors that may affect any of AirBoss'
forward-looking statements.
All of the
forward-looking information in this press release is expressly
qualified by these cautionary statements. Investors are cautioned
not to put undue reliance on forward-looking statements. All
subsequent written and oral forward-looking statements attributable
to AirBoss or persons acting on its behalf are expressly qualified
in their entirety by this notice. Forward-looking information
contained herein is made as of the date of this press release and,
whether as a result of new information, future events or otherwise,
AirBoss disclaims any intent or obligation to update publicly these
forward-looking statements except as required by applicable laws.
Risks and uncertainties about AirBoss's business are more fully
discussed in the Management's Discussion and Analysis of Financial
Condition and Results of Operations in the 2012 Annual Report to
Shareholders under the heading "Risk Factors".
AirBoss of America Corp.P.G. Schoch(905) 751-1188AirBoss of
America Corp.Timothy Toppen(905) 751-1188
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