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Jan 13, 2006

Board authorizes repurchase of up to $15 million of outstanding common stock<br /><br />Amendment to credit facility increases borrowing availability, extends term two years, reduces borrowing costs and provides additional flexibility

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Oct 24, 2005

Company posts fourth quarter net earnings of $6.4 million, or $0.67 per diluted share in spite of lackluster market conditions <br /><br />Strong operating cash flow supports $12.4 million reduction in debt from third quarter to $11.9 million as of fiscal year-end

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Jul 25, 2005

Third quarter earnings from continuing operations of $8.4 million, or $0.89 per diluted share<br /><br />Debt reduced $21.0 million from end of second quarter to $24.3 million<br /><br />Joins new Russell Microcap Index

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May 02, 2005

Company posts second quarter earnings from continuing operations of $4.3 million, or $0.46 per diluted share, in spite of weak market conditions <br /><br />Sales increase 11% to $81.7 million as higher pricing offsets reduced shipments<br /><br />Debt reduced $10.6 million from end of first quarter to $45.3 million

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Jan 24, 2005

Record earnings of $5.6 million, or $0.59 per diluted share for the first quarter<br /><br />Sales increase 33% from prior year to record high of $74.7 million for the first quarter<br /><br />Shipments decline 24% from prior year due to customer inventory reductions

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Oct 22, 2004

Record earnings of $11.9 million, or $1.27 per diluted share, for the fourth quarter and $36.7 million, or $4.08 per diluted share, for the fiscal year<br /><br />Sales increase to record highs of $105.8 million for the fourth quarter and $332.6 million for the fiscal year<br /><br />Strong operating cash flow supports 25% reduction in debt during fiscal year to $52.9 million

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