Aladdin Knowledge Systems Ltd. Announces 3 for 2 Stock Split.TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , Israel--(BUSINESS WIRE)--Aug. 15, 1995--Aladdin Knowledge Systems Ltd. (NASDAQ/NMS: ALDNF) today announced that its board of directors has declared a three-for-two stock split which will take the form of a 50 percent stock dividend to all shareholders of record on August 25, 1995. The stock dividend will be distributed on September 15, 1995. Aladdin recently reported record revenues and earnings for the first six months of 1995, ended June 30. For the first half, sales increased 68 percent, with net income up 52 percent. Earnings per share were $0.38, based on 4.442 million shares, compared to $0.26 per share on 4.276 million shares outstanding in the comparable 1994 period. Aladdin Knowledge Systems Aladdin Knowledge Systems NASDAQ: ALDN is a company that provides solutions for software digital rights management and Internet security since 1985. Its corporate headquarters are located in Tel Aviv, Israel. Ltd. is a market leader in the field of software security systems. Aladdin manufactures and markets proprietary software security systems, including the HASP (Houston Automatic Spooling Program) A mainframe spooling program that provides task, job and data management functions. HASP - Houston Automatic Spooling Program (R) (Hardware Against Software Piracy The illegal copying of software for distribution within the organization, or to friends, clubs and other groups, or for duplication and resale. The software industry loses billions of dollars each year to piracy, and although it may seem innocent enough to install an application on a ) and CodeSafe(R) product lines, that combine hardware and software to prevent unauthorized use of computer programs. CONTACT: Nurit Benjamini, CFO See Chief Financial Officer. Aladdin Knowledge Systems, +972 3 537 5795 or Robert Rinderman The Anne McBride Co. 212/752-0504 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion