Calian Technologies Ltd.

Calian Technologies Ltd.

November 12, 2009 09:39 ET

Calian Technologies Ltd. Declares a Quarterly Dividend of $0.17 Per Share and a Special Dividend of $1.00 Per Share

OTTAWA, ONTARIO--(Marketwire - Nov. 12, 2009) - Calian Technologies Ltd. (TSX:CTY) today declared a quarterly dividend of $0.17 per share. In addition, the Company declared the payment of a special dividend of $1.00 per share. The dividends are payable December 9, 2009 to shareholders of record as of November 25, 2009. Dividends paid by the Corporation are considered "eligible dividend" for tax purposes.

"Fiscal 2009 was truly an exceptional year with record performance in terms of revenues, earnings and cash flow generation. In recognition of these results and the fact that certain contributing factors are considered non-recurring, we are pleased to reward our shareholders with a special dividend in addition to our regular dividend" stated Ray Basler, President and CEO.

About Calian

Calian sells technology services to industry and government in Canada and around the world. Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, health care professionals and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering, health care professionals and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators, as well as providing contract manufacturing services for customers in North America.

Contact Information

  • Calian Technologies Ltd.
    Ray Basler
    Chief Executive Officer
    Calian Technologies Ltd.
    Jacqueline Gauthier
    Chief Financial Officer