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Espey Mfg. & Electronics Corp.: Espey Announces 3rd Quarter Dividend

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^{Published in Science and Technology on Monday, February 23rd 2009 at 12:08 GMT, Last Modified on 2009-02-23 12:09:14 by Market Wire}  

SARATOGA SPRINGS, NY--(Marketwire - February 23, 2009) - The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE Alternext US: [ ESP ]) has declared a regular quarterly dividend of $0.225 per share for the third quarter of fiscal year ending June 30, 2009. The dividend will be payable on March 20, 2009, to all shareholders of record on March 6, 2009.

Espey's primary business is the development, design, and production of specialized military and industrial power supplies/electronic equipment. The Company's web site can be found on the Internet at [ www.espey.com ].

Certain statements in this press release are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.