ADAC Declares Regular Quarterly Dividend.MILPITAS, Calif.--(BUSINESS WIRE)--March 22, 1995--ADAC Laboratories (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADAC ADAC Allgemeiner Deutscher Automobil Club (German automobile club) ADAC Aboriginal Drug and Alcohol Council ADAC Art Directors and Artists Club (Sacramento, California) ADAC Alcohol and Drug Abuse Council ), a leading producer of medical imaging and healthcare information products, today announced that the board of directors has approved the payment of the company's regular quarterly dividend of twelve cents ($.12) per share. The dividend will be paid on April 10, 1995 to shareholders of record on March 31, 1995. In March of 1994, the company instituted a Dividend Reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. & Stock Purchase Plan which has been quite favorably received by the shareholders of record. As outlined in the prospectus, the investment date will be March 31, for both dividends and stock purchase. ADAC Laboratories is recognized as the world leader in nuclear medicine and the leading supplier of Radiology Information Systems A Radiology Information System (RIS) is used by radiology departments to store, manipulate and distribute patient radiological data and imagery. The system generally consists of patient tracking and scheduling, result reporting and image tracking capabilities. in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The company is celebrating its 25th year of health care innovation. ADAC was honored in 1994 as a Top Business 100 California Company by major California newspapers. The company headquarters are in Milpitas, Calif. CONTACT: ADAC Laboratories J. Embry, 310/355-0761 |
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