SPAN-AMERICA DECLARES DIVIDEND
GREENVILLE, S.C. – (February 14, 2005) – Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced today that the Board of Directors
declared a quarterly dividend of $0.04 per share, or $0.16 per share annually, payable March 4, 2005, to shareholders of record on February 23, 2005.
"Our Board remains focused on building long-term
shareholder value and the cash dividend recognizes our continued sales and earnings growth over the past year," stated James D. Ferguson, president and chief executive officer of Span-America. "This dividend
represents an increase of 14.3% over the dividend paid in the same quarter of fiscal 2004."
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 Stock Market's National Market under the symbol "SPAN." For more information, visit www.spanamerica.com.
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