jobynimble
21 years ago
Flamemaster Corporation Announces a Distribution of Shares in StarBiz Corporation to Its Shareholders as a Stock Dividend
By Staff
SUN VALLEY, Calif., Nov 18, 2003 (PRIMEZONE via COMTEX) --
Flamemaster Corporation (Nasdaq:FAME) today reported that its Board of Directors has authorized the spin-off of StarBiz Corporation, the Company's investment and management service affiliate, to Flamemaster shareholders. The spin-off of StarBiz shares will take the form of a stock dividend to Flamemaster shareholders, who will receive one StarBiz share for every 120 (one hundred and twenty) Flamemaster shares owned.
The shares of StarBiz to be distributed will bear a Restrictive Legend. The StarBiz shares are to be priced at $150.00 USD (one hundred fifty dollars) per share. No fractional shares will be issued. Fractions will be paid in cash at the rate of $1.25 (one dollar and twenty five cents) for each Flamemaster share held on the record date. Example. If you owned 300 shares of Flamemaster you will receive 2 (two) shares of StarBiz Corporation Common Stock Restricted, and a check for the fraction remaining of 60 (sixty) shares of Flamemaster at $1.25 (one dollar and twenty five cents each) or a total of $75.00 USD (seventy five dollars).
The StarBiz Corporation stock will not be registered under the Securities Exchange Act of 1934, and StarBiz will not file periodic reports with the Securities Exchange Commission, including among other things, Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, and will not be subject to the SEC's Proxy Rules.
The distribution date was set for December 30th 2003 to shareholders of record December 5, 2003.
The Company makes no opinion regarding the tax consequences of this distribution, and suggests that independent tax advice be obtained concerning this dividend.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SOURCE: Flamemaster Corporation
Flamemaster Corporation
Joseph Mazin, President & CEO
Telephone: (818) 982-1650
Fax: (818) 765-5603
Web Site: http:/www.Flamemaster.com
E-mail: info@flamemaster.com
--------------------------------------------------------------------------------
(C) 2003 PRIMEZONE, All rights reserved.
News provided by
jobynimble
21 years ago
Flamemaster Declares 57th Consecutive Quarterly Cash Dividend
By Staff
SUN VALLEY, Calif., Oct 03, 2003 (PRIMEZONE via COMTEX) --
Flamemaster Corporation (Nasdaq:FAME), announced that its Board of Directors declared a quarterly cash dividend of .032 cents payable on December 2, 2003 to shareholders of record November 7, 2003.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SOURCE: Flamemaster Corporation
Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
(818) 765-5603, Fax
www.flamemaster.com
flamemaster@cyberhotline.com
--------------------------------------------------------------------------------
(C) 2003 PRIMEZONE, All rights reserved.
News provided by
jobynimble
21 years ago
Flamemaster Reports a 15.2% Revenue Gain and Net Earnings Per Share of $.18 for the Quarter Ended June 30, 2003
By Staff
SUN VALLEY, Calif., Aug 08, 2003 (PRIMEZONE via COMTEX) --
Flamemaster Corporation (Nasdaq:FAME) today reported net income of $247,978 or $.18 per share on revenues of $1,595,972 for the quarter, compared to net of $182,702 or $.13 per share on revenues of $1,385,388 in the year earlier period. Sales from operations expanded to $1,478,940 in the quarter from $1,329,107 in the prior year.
The Company's balance sheet is very strong with a current ratio of more than 17.4 to 1. Working capital expanded to $7,090,220 from $6,953,667 in the year earlier.
For the nine month period ended June 30, 2003, revenues were $4,004,387 compared to $3,940,609 in the year earlier period. Net income for the nine months was $498,826 or $.36 per share vs. $513,815 or $.36 per share.
Flamemaster is a Southern California based specialty chemicals manufacturer of high performance sealants, adhesives and coatings and holds a sizeable investment portfolio.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions, which are subject to change.
Flamemaster Corporation
(Unaudited)
Three months ended Nine months ended
---------------------- ----------------------
6/30/03 6/30/02 6/30/03 6/30/02
--------- --------- --------- ---------
Revenues 1,595,972 1,385,388 4,004,387 3,940,609
Income before
income taxes 428,921 361,225 819,387 872,329
Net income 247,978 182,702 498,826 513,815
========= ========= ========= =========
Net income per
share, basic $.18 $.13 $.36 $.36
Fully Diluted $.16 --- $.33 ---
SOURCE: Flamemaster Corporation
Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
www.flamemaster.com
Flamemaster@cyberhotline.com
--------------------------------------------------------------------------------
(C) 2003 PRIMEZONE, All rights reserved.
News provided by
jobynimble
21 years ago
PERF news (and also applies to FAME, which owns a chunk of PERF)
SuperCom Ltd. and PerfectData Corporation Enter into Definitive Merger Agreement
RAANANA, Israel & SIMI VALLEY, Calif., Jul 8, 2003 (BUSINESS WIRE) --
SuperCom (Nasdaq Europe: SPRC), an Israel-based developer of smart card and ID solutions, and PerfectData Corporation (OTCBB:PERF) announced today that they entered into a definitive merger agreement. As part of the proposed merger, if approved by the respective shareholders, PerfectData plans to change its name to SuperCom Corporation or similar name. The terms of the proposed merger are as previously reported.
SuperCom (http://www.supercomgroup.com) is one of the world leaders in research, development and marketing of advanced technologies and products for government secured ID projects and Smart Card production technology. The Company provides customized solutions and advanced technologies to produce secure and durable documents such as national identity cards, passports, visas, driving licenses and vehicle registration.
The closing of the merger agreement is subject to various conditions, including shareholder approvals, the registration of the shares issued to SuperCom shareholders on a Registration Statement on Form S-4, Israeli Governmental entity approvals, Nasdaq Europe and Belgian law approvals and other conditions related to the obligations of SuperCom and PerfectData under the merger agreement.
Commenting on the announcement, Avi Schechter, CEO of SuperCom, stated, "This merger agreement is an important step toward migrating our business operations to the United States, which we believe will be the core market for our products. We also believe that the merger will both significantly increase the liquidity of shares of SuperCom's stock as well as allow Supercom to access the U.S. capital markets when appropriate."
Harris Shapiro, CEO of PerfectData, commented, "I firmly believe that this transaction with SuperCom provides an outstanding opportunity to maximize shareholder value for the PerfectData shareholders."
About SuperCom
SuperCom Ltd. (Nasdaq Europe: SPRC) is one of the world leaders in research, development and marketing of advanced technologies and products for government secured ID projects and Smart Card production technology. SuperCom provides customized solutions and advanced technologies to produce secure and durable documents such as national identity cards, passports, visas, driving licenses and vehicle registration. SuperCom also provides application software for the management of national population registries. Together with its subsidiaries, SuperCom offers advanced, innovative and flexible solutions in contactless smart card technologies. Headquartered in Israel, SuperCom has offices in the United States, Hong Kong and China.
About PerfectData
PerfectData Corporation based in Simi Valley, California, designs and markets a broad line of computer, office care and maintenance products and accessories. The products are designed to eliminate or minimize contamination in and around computers and office automation equipment, and to enhance user performance.
Additional Information and Where to Find It
PerfectData will be filing relevant documents concerning this transaction with the Securities and Exchange Commission, including a Registration Statement on Form S-4 containing a joint prospectus/proxy statement. PERFECTDATA AND SUPERCOM URGE INVESTORS TO READ THESE DOCUMENTS BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors will be able to obtain the joint prospectus/proxy statement and other documents that will be filed by PerfectData with the Commission free of charge at the Commission's web site (http://www.sec.gov) or by directing a request after such a filing is made to PerfectData Corporation, 110 West Easy Street, Simi Valley, California 93065-1689, Tel: (805) 581-4000, Attn: Irene J. Marino, Vice President Finance or to SuperCom Ltd., Millennium Building, 3 Tidhar Street, P.O. Box 2094, Raanana 43665, Israel +972-9-7750800, Attn: Eyal Tuchman.
PerfectData and its directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed merger. Information about PerfectData directors and executive officers and their ownership of PerfectData voting securities is set forth in the proxy statement for PerfectData's 2002 annual meeting of stockholders as filed with the Commission on November 18, 2002. Additional information about the interests of those participants may be obtained from reading the definitive proxy statement regarding the proposed transaction when it becomes available.
Safe Harbor
This news release contains forward-looking statements. Such statements are valid only as of today, and we disclaim any obligation to update this information. These statements, which include, but are not limited to, the successful completion of the proposed merger and the benefits expected to be derived therefrom, are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on our current beliefs and expectations as to such future outcomes.
SOURCE: PerfectData Corporation
PerfectData Corporation
Harris A. Shapiro, 805/581-4000
or
SuperCom Ltd.
Mr. Eyal Tuchman, +972-97750800
eyalt@supercomgroup.com
www.supercomgroup.com
http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
--------------------------------------------------------------------------------
Copyright (C) 2003 Business Wire. All rights reserved.
jobynimble
21 years ago
Flamemaster Declares 56th Consecutive Quarterly Cash Dividend
By Staff
SUN VALLEY, Calif., Jun 27, 2003 (PRIMEZONE via COMTEX) --
Flamemaster Corporation (Nasdaq:FAME) announced that its Board of Directors declared a quarterly cash dividend of .032 cents payable on August 26, 2003 to shareholders of record August 5, 2003.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high-performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SOURCE: Flamemaster Corporation
Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
flamemaster@cyberhotline.com
http:/www.flamemaster.com
--------------------------------------------------------------------------------
(C) 2003 PRIMEZONE, All rights reserved.
News provided by
jobynimble
22 years ago
Flamemaster Introduces Two New High Performance Sealing Compounds andReports a Substantial Rise in New Orders for the Current Quarter
SUN VALLEY, Calif., Apr 17, 2003 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) announced that it has introduced two new high performance sealing compounds for aerospace commercial aviation and military usage. One of the compounds is a new integral fuel tank and general purpose fast curing sealant and the other is a new high performance corrosion resistant aerospace general-purpose sealant.
The Company expects to be in production and commence deliveries on these new compounds in the current quarter.
The Company announced that new orders for its diverse product lines increased by more than 300% during the 1st half of April 2003 to $733,000 compared to $244,000 in the first half of April 2002.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
By Staff CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http:/www.flamemaster.com
flamemaster@cyberhotline.com
(C) 2003 PRIMEZONE, All rights reserved.
jobynimble
22 years ago
Flamemaster Reports a 3.5% Increase in Net Earnings for the 1st QuarterEnded December 31, 2002
SUN VALLEY, Calif., Feb 06, 2003 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) today reported net income of $129,809, or $.09 per share, on revenues of $1,176,456 for the 1st quarter compared to net of $125,439 or $.09 per share on revenues of $1,259,833 in the year earlier period. The company continues to perform well despite a sluggish economy and a decline in corporate spending. The company experienced an approximate 30% decline in investment and interest income during the quarter.
The company's balance sheet is strong with a current ratio of better than 40.65 to 1. Working capital stood at a healthy $6,617,491.
The company maintains a healthy product development program and will be introducing at least two new sealant products and two new line extensions during the current quarter.
Flamemaster Corporation is a Southern California-based specialty chemicals manufacturer of high performance aircraft and aerospace sealants protective coatings and fire stop systems. The Company also has an extensive investment portfolio and holds stakes in several other companies.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions, which are subject to change.
Flamemaster Corporation
(Unaudited)
December 31,
2002 2001
Revenues $1,176,456 $1,259,833
Income before income taxes 199,944 215,849
Income taxes 70,135 90,410
Net income 129,809 125,439
Net income per share, basic & diluted $ .09 $ .09
By Staff CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http://www.flamemaster.com
flamemaster@cyberhotline.com
(C) 2003 PRIMEZONE, All rights reserved.
jobynimble
22 years ago
Flamemaster Declares 54th Consecutive Quarterly Cash Dividend
SUN VALLEY, Calif., Jan 10, 2003 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) announced that its Board of Directors declared a quarterly cash dividend of .032 cents payable on February 14, 2003 to shareholders of record January 28, 2003.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high-performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
www.flamemaster.com
By Staff CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
flamemaster@cyberhotline.com
(C) 2003 PRIMEZONE, All rights reserved.
jobynimble
22 years ago
Flamemaster Reports Earnings for September 30, 2002 Fiscal Year and 4thQuarter
SUN VALLEY, Calif., Dec 12, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) reported net income of $625,063 on a 12% increase in revenues to $5,061,386 for the year ended September 30, 2002. In the year previous fiscal year earnings were $647,024 on revenues of $4,520,019. Per share results were $.44 basic and $.40 fully diluted in 2002 vs. $.41 basic as fully diluted in 2001.
For the 4th quarter revenues were $1,120,777 down moderately from the $1,268,244 in the 4th quarter of fiscal 2001 due to a reduction in new aircraft construction. Net income also declined moderately in the 4th quarter to $111,248 from $167,811 in the prior year. Per share results for the quarter ended September 30, 2002 were $.08 basic vs. $.12 basic in the previous year.
Flamemaster Corporation is a specialty chemical manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings. The Company holds stakes in several other companies and also has an extensive investment portfolio.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
12 Months 12 Months Three Months Three Months
Fiscal Year Fiscal Year Ended Ended
09-30-2002 09-30-2001 09-30-2002 09-30-2001
Revenues 5,061,386 4,520,019 1,120,777 1,268,244
Income before
Taxes 969,600 986,714 97,271 278,592
Income taxes 344,537 339,690 -13,977 110,781
Net income 625,063 647,024 111,248 167,811
Net income per
share (Basic) $.44 $.41 $.08 $.12
By Staff CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http:/www.flamemaster.com
Flamemaster@cyberhotline.com
Have fun and be smart!
Always ALWAYS do your DD...
jobynimble
22 years ago
Flamemaster Declares 53rd Consecutive Quarterly Cash Dividend
SUN VALLEY, Calif., Sep 27, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) announced that it's Board of Directors declared a quarterly cash dividend of .032 cents payable on October 25, 2002 to shareholders of record October 10, 2002.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
By Staff CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http:/www.flamemaster.com
flamemaster@cyberhotline.com
(C) Copyright 2002 PrimeZone Media Network, Inc. All rights reserved.
Have fun and be smart!
Always ALWAYS do your DD...
jobynimble
22 years ago
Flamemaster Reports a 26.5% Revenue Gain and Net Earnings Per Share of$.13 for the Quarter Ended June 30, 2002
SUN VALLEY, Calif., Aug 02, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) today reported net income of $182,702 or $.13 per share on revenues of $1,385,388 for the quarter, compared to net of $152,275 or $.10 per share on revenues of $1,094,062 in the year earlier period. Sales from operations expanded to $1,329,107 in the quarter from $1,005,399 in the prior year.
The Company's balance sheet is very strong with a current ratio of more than 32.7 to 1. Working capital expanded to $6,953,667 from $6,597,130 in the year earlier.
For the nine month period ended June 30, 2002, revenues were $3,940,609 compared to $3,251,775 in the year earlier period. Net income for the nine months was $513,815 or $.36 per share vs. $479,213 or $.30 per share. Operating revenue expanded to $3,711,461 vs. $2,971,175 in the nine months ended June 30, 2001, with income before income taxes rising to $872,329 from $708,122 in the previous year.
Flamemaster is a Southern California-based specialty chemicals manufacturer of high performance sealants, adhesives and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions, which are subject to change.
Flamemaster Corporation
(Unaudited)
Three months ended Nine months ended
6/30/02 6/30/01 6/30/02 6/30/01
Revenues 1,385,388 1,094,062 3,940,609 3,251,775
Income before
Income taxes 361,255 232,513 872,329 708,122
Net income 182,702 152,275 513,815 479,213
Net income per share,
basic & diluted $.13 $.10 $.36 $.30
By Staff CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http://www.flamemaster.com
Flamemaster@cyberhotline.com
(C) Copyright 2002 PrimeZone Media Network, Inc. All rights reserved.
Have fun and be smart!
Always ALWAYS do your DD...
jobynimble
23 years ago
Flamemaster Declares 52nd Consecutive Quarterly Cash Dividend
SUN VALLEY, Calif., June 7, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) announced that its Board of Directors declared a quarterly cash dividend of .032 cents payable on July 19, 2002 to shareholders of record June 28, 2001.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings. Flamemaster continues to hold a significant interest in PerfectData Corporation (Nasdaq:PERF), and an extensive investment portfolio.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SUBJECT: Dividend Reports and Estimates
KEYWORDS: DIVIDEND
CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http://www.flamemaster.com
flamemaster@cyberhotline.com
DELIVERED BY PRIMEZONE MEDIA NETWORK 800-307-6627
Copyright (c) 2002. PrimeZone Media Network, Inc.
Have fun and be smart!
Always ALWAYS do your DD...
jobynimble
23 years ago
Flamemaster Reports an 18.4% Revenue Gain and Net Earnings per Share of$.23 for Six Months Ended March 31, 2002
SUN VALLEY, Calif., May 14, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) today reported net income of $205,672 or $.14 per share on revenues of $1,295,387 for the quarter, compared to net of $217,083 or $.14 per share on revenues of $1,206,070 in the year earlier period. Sales from operations expanded to $1,219,531 in the quarter from $1,102,830 in the prior year.
The Company's balance sheet is very strong with a current ratio of more than 27.4 to 1. Working capital expanded to $6,783,935 from $6,309,839 in the year earlier.
For the six month period ended March 31, 2002, revenues were $2,555,220 compared to $2,157,713 in the year earlier period. Net income for the six months was $331,111 or $.23 per share vs. $326,937 or $.21 per share. Operating revenue expanded to $2,382,354 vs. $1,965,776 in the six months ended March 31, 2001, with income before income taxes rising to $511,102 from $475,608 in the previous year.
Flamemaster is a Southern California-based specialty chemicals manufacturer of high performance sealants, adhesives and coatings and continues to hold a significant stake in PerfectData Corporation (Nasdaq:PERF) as well as an extensive investment portfolio.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions, which are subject to change.
Flamemaster Corporation
(Unaudited)
Three months ended Six months ended
3/31/02 3/31/01 3/31/02 3/31/01
-------------------- ---------------------
Revenues 1,295,387 1,206,070 2,555,220 2,157,713
Income before
income taxes 295,253 294,564 511,102 475,608
Income taxes 89,581 77,481 179,991 148,671
Net income 205,672 217,083 331,111 326,937
--------- --------- --------- ---------
Net income per share,
basic & diluted $ .14 $ .14 $ .23 $ .21
SUBJECT: Earnings Releases And Operating Results
KEYWORDS: EARNINGS
CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http://www.flamemaster.com
Flamemaster@cyberhotline.com
DELIVERED BY PRIMEZONE MEDIA NETWORK 800-307-6627
Copyright (c) 2002. PrimeZone Media Network, Inc.
Have fun and be smart!
Always ALWAYS do your DD...
jobynimble
23 years ago
Flamemaster Declares 51st Consecutive Quarterly Cash Dividend
SUN VALLEY, Calif., Feb. 26, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME), announced that it's Board of Directors declared a quarterly cash dividend of .032 cents payable on April 11, 2002 to shareholders of record March 21, 2002.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings. Flamemaster continues to hold a significant interest in PerfectData Corporation (Nasdaq:PERF), and an extensive investment portfolio.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SUBJECT: Dividend Reports and Estimates
KEYWORDS: CHEMICALS, DIVIDEND
CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http:/www.flamemaster.com
flamemaster@cyberhotline.com
DELIVERED BY PRIMEZONE MEDIA NETWORK 800-307-6627
Copyright (c) 2002. PrimeZone Media Network, Inc.
jobynimble
23 years ago
Flamemaster Reports Net Earnings Rise by 14.2% on Revenue Gain of MoreThan 32% for the 1st Quarter Ended December 31, 2001
SUN VALLEY, Calif., Feb. 14, 2002 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq:FAME) today reported net income of $125,439, or $.09 per share, an increase of 14.2%, on revenues of $1,259,833 for the 1st quarter compared to net of $109,854 or $.07 per share on revenues of $951,643 in the year earlier period. The gain in revenues is attributable to an increase in requirements of the U.S. Military and defense contractors for the Company's high-performance aircraft sealants.
The company's balance sheet is strong with a current ratio of 11.8 to 1. Working capital stood at a healthy $7,234,158.
Flamemaster Corporation is a Southern California-based specialty chemicals manufacturer of high-performance aircraft and aerospace sealants protective coatings and fire stop systems. The Company also has an extensive investment portfolio and holds stakes in several other companies.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions, which are subject to change.
Flamemaster Corporation
(Unaudited)
December 31,
2001 2000
---- ----
Revenues $1,259,833 $ 951,643
Income before income taxes 215,849 181,045
Income taxes 90,410 71,191
Net income 125,439 109,854
Net income per share, basic & diluted $ .09 $ .07
SUBJECT: Earnings Releases And Operating Results
KEYWORDS: EARNINGS
CONTACT: Flamemaster Corporation
Joseph Mazin, President & CEO
(818) 982-1650
Fax: (818) 765-5603
http://www.flamemaster.com
flamemaster@cyberhotline.com
DELIVERED BY PRIMEZONE MEDIA NETWORK 800-307-6627
Copyright (c) 2002. PrimeZone Media Network, Inc.
jobynimble
23 years ago
Flamemaster Declares 50th Consecutive Quarterly Cash Dividend
SUN VALLEY, Calif., Nov. 30, 2001 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq: FAME chart, msgs) announced that its Board of Directors declared a quarterly cash dividend of .032 cents payable on January 3, 2002 to shareholders of record December 14, 2001.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings. Flamemaster continues to hold a significant interest in PerfectData Corporation (Nasdaq: PERF chart, msgs), and an extensive investment portfolio.
PerfectData recently announced that it executed a letter of intent to acquire Graphco Technologies Inc. (G-TEC), a technology software and systems development company providing advanced security solutions for Biometric Identification, Secure Access, Surveillance and Secure Law Enforcement Incident Management. G-TEC Solutions offers systems for protecting public and personal security and assets, while protecting data information, communications and individual privacy.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SUBJECT: Dividend Reports and Estimates
KEYWORDS: DIVIDEND, SOFTWARE, AEROSPACE
CONTACT: Flamemaster Corporation, Sun Valley
Joseph Mazin, President, CEO
(818) 982-1650
Fax: (818) 765-5603
http:/www.flamemaster.com
flamemaster@cyberhotline.com
DELIVERED BY PRIMEZONE MEDIA NETWORK 800-307-6627
Copyright (c) 2001. PrimeZone Media Network, Inc.
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