Electronic Systems Technology Announces Cash Distribution.KENNEWICK, Wash. -- Electronic Systems Technology, Inc. (EST EST electroshock therapy. EST abbr. electroshock therapy ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ELST ELST East Lake Sammamish Trail (Washington) ), the manufacturer of ESTeem wireless modems, today announced the Company will issue a one-time, noncumulative, cash distribution to shareholders of record as of June 22, 2007. The distribution will be in the amount of $0.02 per share of common stock for a total amount of $103,073.00, and will be completed by July 16, 2007. About EST Electronic Systems Technology, Inc., a publicly held Company since 1984, was the first to develop the wireless modem and receive the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canadian patents for the technology, has established the ESTeem wireless modem products as a standard for industrial control, federal applications and public safety applications in over 7,000 wireless radio networks worldwide. For more information visit our company web site at www.esteem.com. This press release may contain 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. . These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from such forward-looking statements as a results of risks and uncertainties, including those described in EST's 2006 Form 10-KSB and other reports filed with the Securities and Exchange Commission. |
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