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MOCON Announces Quarterly Dividend


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Published in Science and Technology on Friday, August 24th 2012 at 4:36 GMT by Market Wire   Print publication without navigation


MINNEAPOLIS--([ ])--MOCON, Inc. (Nasdaq:MOCO) announced today that on August 23, 2012, its Board of Directors declared a quarterly cash dividend of ten and one-half cents ($0.105) per share, payable on November 16, 2012, to shareholders of record on November 2, 2012.

The Company has provided stockholders with quarterly dividends for the 97th consecutive quarter. Prior to the present policy of quarterly dividends, the Company had been paying dividends on a semi-annual basis since 1984.

MOCON is a leading provider of test and measurement instrumentation, sensors and detectors, and consulting and laboratory services to food, beverage, medical, pharmaceutical, packaging, oil and gas and many other industries worldwide. See [ www.mocon.com ] for more information.

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements that can be identified by words such as awill,a amay,a aexpect,a abelieve,a aanticipate,a aestimate,a acontinue,a or other similar expressions. All forward-looking statements speak only as of the date of this press release. MOCON undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. In addition to the risks and uncertainties of ordinary business operations and conditions in the general economy and the markets in which the Company competes, there are important factors that could cause actual results to differ materially from those anticipated by the forward-looking statements made in this press release. These factors include, but are not limited to, the integration and performance of the recent Dansensor acquisition, competition and technological change, worldwide economic and political stability, setbacks in product development programs, order cancellations, slower-than-anticipated customer acceptance of new products, dependence on certain key industries, risk associated with the Company's acquisition strategy and international operations, and other factors set forth in the Companyas Annual Report on Form 10-K for the year ended December 31, 2011 and other documents MOCON files with or furnishes to the Securities and Exchange Commission.

MOCON's shares are traded on the Nasdaq Global Market System under the symbol MOCO.

MOCON is a registered trademark of MOCON, Inc.; other trademarks are those of their respective holders.


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