|
SPAN-AMERICA DECLARES REGULAR
QUARTERLY DIVIDEND
--------------------------------------------------------------------
Stockholders Elect Directors at Annual Meeting
GREENVILLE, S.C. (February 11, 2008) -- Span-America Medical Systems, Inc. (NASDAQ:SPAN) announced today that the Board of Directors declared a regular quarterly dividend of $0.08 per share. The dividend is payable March 5, 2008, to shareholders of record on February 20, 2008.
“Our Board of Directors is committed to building long-term shareholder value, and we believe our quarterly dividend is an important part of this strategy,” stated Jim Ferguson, president and chief executive officer of Span-America. “This payment marks our 73rd consecutive quarter of paying cash dividends.”
The Company also announced at its recent annual shareholders’ meeting the election of three nominees for director with terms expiring in 2011:
Richard C. Coggins Chief Financial Officer – Span-America Medical Systems
Thomas F. Grady, Jr. Retired Vice President – International Paper Company
Dan R. Lee President & CEO – Microtek Medical Holdings, Inc.
About Span-America Medical Systems, Inc.
Span-America manufactures and markets a comprehensive selection of pressure management products for the medical market, including Geo-Matt®, PressureGuard®, Geo-Mattress®, Span+Aids®, Isch-Dish®, and Selan® products. The Company also supplies custom foam and packaging products to the consumer and industrial markets. Span-America's stock is traded on The NASDAQ Global Market under the symbol "SPAN." |