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Law Enforcement Associates Corporation Declares Dividend to Stockholders
Law Enforcement Associates Corporation Declares Dividend to Stockholders
Law Enforcement Associates Corporation Declares Dividend to Stockholders
Youngsville, NC, January 07, 2003 - Law Enforcement Associates Corporation (LENF OTC: PK) (the Company"), a surveillance and security technology company, today announced that it will issue a dividend of $.01 per share for each outstanding share of common stock, $.001 par value per share, of the Company as of December 20, 2002. The effective payment date for such dividend is January 31, 2003.
Computershare Trust Company, Inc. (Computershare"), the Companys transfer agent, has been authorized to act as the dividend agent and to distribute checks in the appropriate amount to each stockholder on January 31, 2003.
Senator John Carrington, a director of the Company, stated We are pleased to issue this dividend to stockholders as a financial reward for their belief and confidence in the long-term success of our company. We will continue to build on the strength of our core technologies and distribution in the homeland defense and security sector, and look for potential acquisitions to complement our portfolio in 2003."
About Law Enforcement Associates Corporation:
Law Enforcement Associates Corporation, based in North Carolina, through its wholly owned subsidiary, Law Enforcement Associates, Inc., manufactures and markets a diverse line of undercover surveillance and security products including a complete line of audio and video surveillance equipment as well as an under vehicle inspection system, which is one of the Companys leading products.
For more information on the Companys products view:
<http://www.lea-sales.com/home.shtml> or <http://www.uvisystems.com/app.htm>.
Investors: <http://www.investorideas.com>
For full news release, click here: http://www.investorideas.com/Companies/ViewDocument.asp?ID=1247
Forward-Looking Information: The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the companys products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
For more information, contact Dawn Van Zant, ECON Investor Relations, Inc., via email dvanzant@investorideas.com or call toll free 1-866-730-1127.
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