Contact Information: Contact: David Garrison (978) 345-5000 Website: http://www.arthrt.com
Arrhythmia Research Technology, Inc. Declares Cash Dividend
| Source: Arrhythmia Research Technology, Inc.
FITCHBURG, MA--(Marketwire - January 19, 2010) - Arrhythmia Research Technology, Inc. (the
"Company") (NYSE Amex : HRT ) announced that its Board of Directors declared
a cash dividend of $0.06 per share. The dividend will be paid to holders
of record on February 15, 2010, payable on March 1, 2010. Future dividend
declarations by the Board of Directors will depend upon a number of
factors, including future operating results, and other investment and
acquisition opportunities.
James E. Rouse, President and CEO, stated, "The Board of Directors of the
Company declared a dividend after achieving strong operating cash flows in
2009. The dividend reflects the continued confidence of our Board of
Directors in the future success of the Company."
The Company through its wholly owned subsidiary Micron Products, Inc.
manufactures silver plated and non-silver plated conductive resin sensors
and distributes metal snaps used in the manufacture of disposable ECG, EEG,
EMS and TENS electrodes. Micron's MIT division provides end-to-end product
life cycle management through a comprehensive portfolio of value-added
services such as design, engineering, prototyping, manufacturing,
machining, assembly and packaging. MIT manufactures custom injection
molded products for medical, electronic, industrial and consumer
applications, and provides high end mold design, manufacturing and
precision machining for various industries. The Company's products also
include proprietary signal-averaging electrocardiography (SAECG) software
used in the detection of potentially lethal heart arrhythmias.
For more information please check our websites:
http://www.arthrt.com
http://www.micronproducts.com
http://www.micronintegrated.com
Forward-looking statements made herein are based on current expectations of
the Company that involve a number of risks and uncertainties and should not
be considered as guarantees of future performance. The factors that could
cause actual results to differ materially include: our ability to maintain
our current pricing model and/or decrease our cost of sales; continued
availability of supplies or materials used in manufacturing at competitive
prices; volatility in commodity and energy prices and our ability to offset
higher costs with price increases; the costs inherent with complying with
new statutes and regulations; variability of customer delivery
requirements; our ability to efficiently integrate future acquisitions and
other new lines of business that the Company may enter in the future. More
information about factors that potentially could affect the Company's
financial results is included in the Company's filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-K for the
year ended December 31, 2008.