GYTI Announces Distribution of 200% Stock Dividen
Post# of 53479
[b]GYTI > Announces Distribution of 200% Stock Dividend; Stock to Trade Ex-Dividend on Monday, August 13[/b]
Press Release: Gyrotron Technology Inc. – Fri, Aug 10, 2012 9:20 AM EDT
BENSALEM, PA--(Marketwire -08/10/12)- Gyrotron Technology Inc. (GYTI) announced today that the previously announced 200% stock dividend will be distributed today, August 10, 2012. As a result of the dividend, shareholders will own three shares of GYTI for each share they currently own. FINRA has set the ex-dividend date for Monday, August 13.
About Gyrotron Technology - (GYTI)
GYTI develops and markets unique industrial technologies to a broad range of industries, including glass, solar, and semiconductor. These technologies open new horizons, substantially enhancing productivity and cutting costs by, among other things, applying heat in a dramatically more efficient and effective manner than is possible with legacy technologies.
Please visit our website http://www.gyrotrontech.com/ or go to http://www.gyrotrontech.com/images/gyti.pk%20summary.pdf for GYTI summary information.
Forward-Looking Statements
This release and the materials referred to herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of GYTI. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and in publically available information on GYTI. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Company
Jack N. Mayer
Director
215-244-4740