OTTAWA, ONTARIO--(Marketwire - Jan. 16, 2013) - C-COM Satellite Systems Inc., (TSX VENTURE:CMI) a leading global provider of mobile auto-deploying satellite antenna systems, today announced the payment of an eligible dividend in the amount of $0.0075 per common share payable on February 13, 2013 to all shareholders of record as of January 30, 2013. Based on its closing price of $0.69 per share on January 15, 2013, this dividend would provide a yield of 4.35% on an annualized basis.
"We are pleased that we can continue to be able to reward our loyal shareholders with this quarterly dividend" said Leslie Klein, President and CEO of C-COM Satellite Systems Inc.
The C-COM iNetVu® mobile proprietary antennas, and services associated with these products, are used in mobile applications by corporations, government agencies, the military, law enforcement agencies, homeland security, utility vehicles, oil and gas platforms, police, fire, medical and other security and emergency services with a need for affordable mobile 2-way high-speed Internet over Satellite connectivity.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in the development and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles. C-COM has developed a unique proprietary Mobile auto-deploying (iNetVu®) antenna that allows the delivery of high-speed satellite based Internet services into vehicles while stationary virtually anywhere where one can drive. The iNetVu® Mobile antennas have also been adapted to be airline checkable and easily transportable. The company's satellite-based products and services deliver high-quality, cost-effective solutions for both fixed and mobile applications throughout the world. More information is available at: www.c-comsat.com
iNetVu® is a registered trademark of C-COM Satellite Systems Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.