CALIAN TECHNOLOGY Ltd. DECLARES FIRST QUARTERLY DIVIDEND OF $0.04 PER SHARE
Kanata, Ontario Tuesday November 12, 2002: Calian Technology Ltd. (TSX.CTY) today declared a quarterly dividend of $0.04 per share. The Dividend is payable December 4, 2002 to shareholders of record as of November 20, 2002. The Company changed its dividend policy and intends to pay a quarterly dividend during 2003 as follows:
Record Date
February 6, 2003
May 8, 2003
August 7, 2003
November 13, 2003
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Payment date
February 20, 2003
May 22, 2003
August 21, 2003
November 27, 2003
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About Calian: Calian Technology Ltd. (TSX:CTY) provides systems engineering and staffing and outsourcing services to industry, government and major organizations in Canada, the United States and around the world. With two decades of success and over $130 million in annual revenues, Calian provides customers with ready access to an exceptional team of over 2,300 engineers, telecommunications and technology professionals, and other highly qualified staff. The Staffing and Outsourcing Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators.
For further information, please contact:
Jacqueline Gauthier
Chief Financial Officer
Telephone: 613.599.8600 ext. 277
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