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CSI Board Increases Cash Dividend
by 15.8%
"This is our 22nd consecutive annual increase in our cash dividend and highlights our strong financial condition, record results and excellent cash flow from operations," stated Steven A. Powless, President and CEO of CSI. "Our cash dividend is part of our long-term program to build shareholder value and return a portion of CSI's earnings to shareholders."
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance and document delivery solutions to financial institutions and corporate entities across the nation. Technology planning, personal account management and worldclass customer service explain why CSI is known as one of the nation's premier providers of technology solutions for the financial services industry. CSI's stock is traded on the OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in the Private Securities Litigation Reform Act of 1995. All
statements except historical statements contained herein constitute
"forward-looking statements." Forward-looking statements are
inherently uncertain and are based only on current expectations and assumptions
that are subject to future developments that may cause results to differ
materially. Readers should carefully consider: (i) economic, competitive,
technological and governmental factors affecting the CSI's operations,
customers, markets, services, products and prices; and (ii) other factors
discussed in CSI's Information and Disclosure Statements and other documents
posted from time to time on the OTCQX website, including without limitation,
the description of the nature of CSI's business and its management discussion
and analysis of financial condition and results of operations for reported
periods. CSI undertakes no obligation to update, and is not responsible
for updating, the information contained in this release beyond the publication
date, whether as a result of new information or future events, or to conform
the statement to actual results or changes in CSI's expectations, or otherwise
or for changes made to this document by wire services or Internet services.
CONTACT: David L. Simon, Treasurer & CFO,
+1-800-545-4274, ext. 10126, dsimon@csiweb.com