ADAC declares regular quarterly dividend, continues dividend reinvestment plan.MILPITAS, Calif.--(BUSINESS WIRE)--April 25, 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 diagnostic imaging and healthcare information systems, 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 July 10, 1995 to shareholders of record on June 30, 1995. The Company continues its Dividend Reinvestment & Stock Purchase Plan which has been well received by the shareholders of record for a minimum of 100 shares. As outlined in the prospectus, to be eligible for the investment date, new authorization forms and/or stock purchase checks must be received a minimum of 2 weeks prior to the end of the quarter (June 15). ADAC Laboratories is recognized as the world market share leader in Nuclear Medicine and the leading supplier of Radiology Information Systems 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. . ADAC was one of only six manufacturing companies nationwide to receive a site visit for the Malcolm Baldrige National Quality Award The Malcolm Baldrige National Quality Award is given by the United States National Institute of Standards and Technology. Through the actions of the National Productivity Advisory Committee chaired by Jack Grayson, it was established by the Malcolm Baldrige National Quality in 1994. The company headquarters are in Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and . CONTACT: ADAC Laboratories, Milpitas J. Embry, 310/355-0761 |
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