Bonso Electronics Distributes Second Consecutive Dividend of 10 Cents Per Share to Holders of Common Stock.Business Editors, Technology Writers HONG n. 1. A mercantile establishment or factory for foreign trade in China, as formerly at Canton; a succession of offices connected by a common passage and used for business or storage. KONG--(BUSINESS WIRE)--Feb. 8, 2002 Bonso Electronics International, Inc. (Nasdaq:BNSO) announced that it has distributed a dividend of 10 cents per common share to shareholders of record on December 21, 2001. This dividend marks the second consecutive year in which Bonso has paid a dividend to its shareholders. "Our current income position combined with an excellent cash flow position influenced the Board of Directors to declare a cash dividend," said Anthony So, chairman, president and chief executive officer. "Any future decision as to dividend payments will be based on the wisest use of resources that first provides for our rapid growth needs." About Bonso Electronics Headquartered in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Bonso Electronics designs, develops, manufactures, assembles and markets a comprehensive line of telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. products, electronic scales and weighing instruments and health care products. Bonso's products are manufactured in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China on behalf of customers primarily located 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. and Europe. Company services include product design and prototyping, production tooling, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of components, total quality management, and just-in-time delivery. With the May 2001 acquisition of Korona Haushaltswaren, GmbH, a distributor of household scales in Europe, Bonso is embarking on its first consumer marketing venture in Europe and the U.S. under the Korona brand. Bonso also independently designs and develops electronic products for private label markets. For further information, visit the Company's web site at www.bonso.com. The statements contained in the press release which are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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