Technical Communications Corporation Announces a Dividend of $0.10 Per Share
May 10 2010 - 5:08PM
Business Wire
Technical Communications Corporation (OTC BB: TCCO.OB) today
announced that its Board of Directors has declared a dividend of
$0.10 per share of common stock outstanding. The dividend is
payable in cash on June 15, 2010 to all shareholders of record on
June 1, 2010.
About Technical Communications Corporation
TCC designs, manufactures, and supports superior grade secure
communications systems that protect highly sensitive information
transmitted over a wide range of data, voice and fax networks.
TCC’s security solutions protect information privacy on every
continent in over 110 countries. Government agencies, militaries,
financial institutions, telecommunications carriers and
multinational corporations worldwide rely on TCC to protect their
communications networks.
Statements made in this press release, including any discussion
of our anticipated operating results, financial condition, dividend
payments and earnings, including statements about the Company’s
ability to achieve and sustain growth and profitability and expand
product lines and market share, constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements, identified by
the use of such terms as “anticipates,” “believes,” “expects,”
“may,” “plans” and “estimates,” among others, involve known and
unknown risks. The Company’s results may differ significantly from
the results expressed or implied by such forward-looking
statements. The Company’s results may be affected by many factors,
including but not limited to future changes in export laws or
regulations, changes in technology, the effect of foreign political
unrest, the ability to hire, retain and motivate technical,
management and sales personnel, the risks associated with the
technical feasibility and market acceptance of new products,
changes in telecommunications protocols, the effects of changing
costs, exchange rates and interest rates, and the Company's ability
to secure adequate capital resources. These and other risks are
detailed from time to time in the Company’s filings with the
Securities and Exchange Commission, including the Company’s
Quarterly Report on Form 10-Q for the quarter ended December 26,
2009 and its Annual Report on Form 10-K for the fiscal year ended
September 26, 2009.
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