SOURCE: Aldila, Inc.

Aldila, Inc.

November 18, 2010 16:15 ET

Aldila Declares a Special Cash Dividend

POWAY, CA--(Marketwire - November 18, 2010) - ALDILA, INC. (OTCQX: ALDA) (PINKSHEETS: ALDA) announced today that its Board of Directors declared on November 17, 2010 a special cash dividend of $0.25 per share to be paid on December 17, 2010 to shareholders of record as of December 02, 2010.

Aldila also reported that the Board of Directors addresses the issue of cash dividends during each quarterly board meeting.

This press release contains forward-looking statements based on our expectations as of the date of this press release. These statements necessarily reflect assumptions that we make in evaluating our expectations as to the future. Forward-looking statements are necessarily subject to risks and uncertainties. Our actual future performance and results could differ from that contained in or suggested by these forward-looking statements as a result of a variety of factors. Our filings with the Securities and Exchange Commission and OTC Disclosure and News Service present a detailed discussion of the principal risks and uncertainties related to our future operations, in particular our Annual Report on Form 10-K for the year ended December 31, 2009, under "Business Risks" in Part I, Item 1, and "Management's Discussion and Analysis of Financial Condition and Results of Operation" in Part I, Item 7 of the Form 10-K, and reports on Form 10-Q and Form 8-K, all of which can be obtained at www.sec.gov. Our future filings will be included on the OTCQX U.S. Premier website, which can be found at www.otcqx.com.

Aldila is a leader among manufacturers of high performance graphite golf shafts used in clubs assembled and marketed throughout the world by major golf club companies, component distributors and custom clubmakers. Aldila also manufactures composite prepreg material for its golf shaft business and external sales.

Contact Information

  • Investor/Media Contacts:
    Scott M. Bier
    Vice President, CFO
    Sylvia J. Castle
    Investor Relations
    (858) 513-1801