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[jaybird249]

CPAK $5.72 next SIMC. $.18 EPS forecast this Q
%5 per share liquid assets

Announces CEO Takes Temporary Medical Leave to Recover From Surgery; Appoints Acting CEO and Lead Director


LEICESTER, NY--(MARKET WIRE)--May 25, 2006 -- CPAC, Inc. (NasdaqNM:CPAK - News), a manufacturer and marketer with holdings in the Cleaning & Personal Care and Imaging industries, today issued guidance for its fiscal fourth quarter ended March 31, 2006. The annual audit is currently in process and detailed results for the quarter and fiscal year ended March 31, 2006 are expected to be released upon completion of the audit, in mid-June.
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Company officials announced that net income for the fiscal fourth quarter is expected to be in the range of $0.14 to $0.18 per diluted share, versus a fourth quarter loss in fiscal 2005 of ($0.81) per diluted share.