EST Announces Cash Distribution.KENNEWICK, Wash.--(BUSINESS WIRE)--June 11, 1999-- Electronic Systems Technology, Inc. (EST EST electroshock therapy. EST abbr. electroshock therapy ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ELST ELST East Lake Sammamish Trail (Washington) ), today announced the Company will issue a one-time, noncumulative, cash distribution to shareholders of record as of June 25, 1999. The distribution will be in the amount of $0.01 per share of common stock for a total amount of $49,536.67, and will be completed by July 9, 1999. Electronic Systems Technology, a publicly held Company since 1984, is a manufacturer of wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. hardware for both industrial control and public safety marketplaces, and was the first Company to develop the wireless modem and receive the United States and Canadian patents for this technology. Contact EST for more details. |
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