Computer Services Inc. (fka CSVI)

[di4]

CSI Board Declares Cash Dividend
May 1, 2009 9:00:00 AM


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View Additional ProfilesPADUCAH, Ky., May 1 /PRNewswire-FirstCall/ -- Computer Services, Inc. (CSI) (Pink Sheets: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.17 per share payable on June 25, 2009, to shareholders of record as of the close of business on June 1, 2009. The dividend amount represents an indicated annual dividend rate of $0.68 per share.


(Logo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO )


"Our Board of Directors remains focused on building long-term shareholder value through our cash dividend program," stated Steven A. Powless, President and CEO of CSI. "The $0.17 per share cash dividend represents a 6.3% increase from the $0.16 cash dividend paid in June 2008 and mirrors CSI's continued success in growing revenues and earnings."


About Computer Services, Inc.

Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, and regulatory compliance solutions to over 4,600 financial institutions and corporate entities. Technology planning, local account managers and world-class customer service explain why CSI has been known as one of the nation's premier providers of banking solutions for over 40 years. CSI's stock is traded on the OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.


This news release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. All statements except historical statements contained herein constitute "forward-looking statements." Forward-looking statements are inherently uncertain and are based only on current expectations and assumptions that are subject to future developments that may cause results to differ materially. Readers should carefully consider: (i) economic, competitive, technological and governmental factors affecting CSI's operations, customers, markets, services, products and prices; and (ii) other factors discussed in CSI's Information and Disclosure Statements and other documents posted from time to time on the OTCQX website, including without limitation, the description of the nature of CSI's business and its management discussion and analysis of financial condition and results of operations for reported periods. CSI undertakes no obligation to update, and is not responsible for updating, the information contained in this release beyond the publication date, whether as a result of new information or future events, or to conform the statement to actual results or changes in CSI's expectations, or otherwise or for changes made to this document by wire services or Internet services.


SOURCE Computer Services, Inc.



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David L. Simon
Treasurer & CFO
Computer Services
Inc.
1-800-545-4274
ext. 10126
[e-mail]