Nov. 17, 2010
/PRNewswire-FirstCall/ -- Advant-e Corporation (OTC Bulletin Board: ADVC), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced the payment date and record date of the third of three installments of its previously declared cash dividend.
October 30, 2009
, the Company announced a cash dividend in the form of three separate payments of
per share by no later than
December 31, 2009
June 30, 2010
, 2010. The third cash dividend payment of
per share will be paid on
December 6, 2010
to shareholders of record as of
November 26, 2010
Jason K. Wadzinski
, Chairman, Chief Executive Officer, and President, remarked, "This cash dividend is intended to reward our shareholders and allow them to take advantage of current favorable Federal income tax treatment for dividends. Our cash balance and strong cash flow in 2010 to date provide us with the opportunity and the financial resources to pay this dividend consistent with our growth initiatives."
About Advant-e Corporation
Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.
Additional information about Advant-e Corporation can be found at
, or by contacting investor relations at (937) 429-4288. The company's email is
The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
SOURCE Advant-e Corporation