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CyberOptics Announces Three-for-Two Stock Split.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--May 19, 2000

CyberOptics Corporation (Nasdaq NMS See NetWare Management System. :CYBE) today announced that its Board of Directors has declared a three-for-two split in the form of a stock dividend of one share for every two shares outstanding. The stock dividend will be payable June June: see month.  15, 2000, to shareholders of record June 1.

Prior to the stock dividend, there were approximately 5,100,000 shares of common stock outstanding. There will be approximately 7,650,000 common shares outstanding after the dividend is paid.

Steven Ste´ven

n. 1. Voice; speech; language.
Ye have as merry a steven
As any angel hath that is in heaven.
- Chaucer.

2. An outcry; a loud call; a clamor.
To set steven
to make an appointment.
 M. Quist, president and chief executive officer, commented: "I am pleased that our Board of Directors has demonstrated a high level of confidence in our operations and business prospects through this stock dividend. CyberOptics' shareholders should also benefit from the enhanced trading liquidity that will result from this action."

CyberOptics Corporation is an optical technology leader that enables the global electronics industry to meet the rigorous quality demands of virtually any electronic application requiring quality printed circuit boards. Through customer-focused product development and strategic acquisitions, CyberOptics provides a growing range of inspection, alignment and measurement solutions for the SMT (1) (Surface Mount Technology) See surface mount.

(2) (Station ManagemenT) An FDDI network management protocol that provides direct management. Only one node requires the software.

SMT - Station Management
 electronic assembly equipment and semiconductor fabrication fabrication (fab´rikā´shn),
n the construction or making of a restoration.
 equipment markets.
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Publication:Business Wire
Date:May 19, 2000
Words:194
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