The regular dividend was increased from $0.18 per share to $0.19. Shareholders of record at the market close on May 15, 2009 will receive the $0.19 per share dividend on June 1, 2009.
Bruce Ritchey, president/chief executive officer noted, “Sales for the quarter were on par with the record first quarter of 2008. Net income for the quarter was $0.07 per share versus $0.13 last year. The decrease in net income versus previous year was due primarily to higher operating expense. We went into the quarter with higher staffing levels than the same quarter last year and continued aggressive research and development and sales and marketing activities.”
