Commenting on the dividend, Greg Gronau, President and CEO, said: "The company decided that it was in the shareholders' best interest to pay us$ 0.125 per share as a special dividend.”
“We have a strong cash position, with over us$ 19 million in cash and marketable securities, along with little debt,” Gronau added.
“This us$ 1 million payment reflects our past success and does not impair our ability to pursue strategic initiatives," he concluded.