Alternate Marketing Networks Reports on Shareholder Dividend and New Internal Initiatives
02 Mai 2008 - 10:01PM
PR Newswire (US)
HUDSONVILLE, Mich., May 2 /PRNewswire-FirstCall/ -- The Board of
Directors of Alternate Marketing Networks, Inc. (Pink Sheets: ALTM)
has authorized a cash dividend of seven cents per share on the
Company's common stock. The dividend is payable on June 24, 2008 to
shareholders of record as of June 10, 2008. Additionally, upon
review of the Company's strategic uses of its working capital, the
Board authorized an increase in investment in the Company's
interactive strategy. The Company believes this investment is
needed to ensure that its interactive programs continue to provide
value to its advertisers and national market networks. The
Company's sole operating subsidiary, National Home Delivery, Inc.,
through its three divisions U.S. Suburban Press (USSPI), Custom
Media Solutions (CMS) and Specialty Media Solutions (SMS), provides
newspaper, online and promotional solutions to national advertisers
in the United States. Alternate Marketing Networks, Inc. 4675 -
32nd Avenue Hudsonville, MI 49426 DATASOURCE: Alternate Marketing
Networks, Inc. CONTACT: Phil Miller, Chairman and CEO of Alternate
Marketing Networks, Inc., +1-616-662-6420, ext. 12, Web site:
http://www.altmarknet.com/
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