EMJ Declares Special 80 Cent Dividend.

Business Editors

GUELPH, Ontario--(BUSINESS WIRE)--June 28, 2001

EMJ Data Systems Ltd. (TSE:EMJ.) today announced that it would be paying a special dividend in the amount of $0.80 per share on the 7.7 million outstanding common shares on July 25, 2001 to shareholders of record at the close of business July 11, 2001.

EMJ has paid a regular $0.08 per share dividend every six months ($0.16 per year). This special dividend will be replacing the next 3 regularly scheduled dividends.

According to EMJ's President, Jim Estill, "One of our goals is to offer a fair return for our shareholders. This dividend is one way of offering this return."

In addition to the $0.16 per year dividends, in July 1998, EMJ issued a special dividend of $1.50 per share.

The Company recently released its third quarter results for the period ending April 30, 2001. Sales for the nine months ended April 30, 2001 increased $31.7 million or 26% to $153.8 million compared to the same period the previous year. Income from operations was $5.1 million for the nine months ended, an increase of 37% or $1.4 million from the previous year. The Company's twelve-month trailing earnings per share are $0.75.

This marks EMJ's 87th consecutive quarter of operating profit.

EMJ Data Systems Ltd., headquartered in Guelph, Ontario, is a Canadian, publicly-owned distributor of computer products and peripherals. EMJ specializes in niche-market products for Apple, Bar-Coding/Auto-ID/Point-Of-Sale, Digital Video, Internetworking, RAID, Unix and Wireless applications. EMJ Data Systems Ltd. has branch offices in Vancouver, Calgary, Winnipeg, Ottawa, Markham, Montreal and Halifax, as well as one office in the United States. EMJ is traded on the Toronto Stock Exchange (TSE) under the symbol EMJ. Interested parties can reach EMJ via the World Wide Web at www.emj.ca.

Trade Symbol TSE:EMJ