McCoy Corporation
TSX : MCB

McCoy Corporation

September 09, 2008 10:39 ET

McCoy Corporation Announces Quarterly Dividend Record and Payment Dates

EDMONTON, ALBERTA--(Marketwire - Sept. 9, 2008) - McCoy Corporation ("McCoy" or "the Corporation") (TSX:MCB) today announced that the Board of Directors has declared a quarterly dividend payment of $0.03 per common share payable on September 30, 2008 to shareholders of record on September 16, 2008.

About McCoy Corporation

McCoy Corporation is a well-established services and equipment provider focused primarily on the global oil and gas sector. McCoy has three operating segments: Energy Products & Services ("EP&S"), Trailer Manufacturing ("TLM") and Truck & Trailer Products & Services ("TTP&S"). McCoy's EP&S segment is the leading worldwide manufacturer of tubular make-up power tongs used on drill rigs to thread sections of drill and casing pipe together. EP&S also manufactures vacuum tanks, hydrovac systems, dies and inserts for oilfield tools, and produces wear-reducing coatings for drilling tools and oil sands equipment. TLM is the leading Western Canadian manufacturer of custom heavy duty trailers serving the global oil and gas, forestry, construction, infrastructure and transportation markets. TTP&S is engaged in heavy duty truck and trailer repairs, maintenance, parts distribution and sales. McCoy employs approximately 750 individuals in Alberta, British Columbia and Louisiana.

Forward-Looking Information

This news release may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause McCoy's actual results and experience to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on forward-looking information that may be contained herein, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. McCoy undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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