Advant-e Corporation (fka ADVCD)

[AliAngel]

From the wave board email list and the company rekleased thsi news a couple weeks back. two pr below and one is .01 payout divy

Advant-e Corporation Provides Update on Previously Announced Ten-for-One Forward Stock Split and $2 Million Cash Dividend

DAYTON, Ohio, Nov 27, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: ADVC), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced that it has received notice from FINRA concerning the previously announced ten-for-one forward stock split.
As reported on the "Daily List" at the OTCBB.com web site, FINRA has approved the company's ten-for-one forward stock split with a Record Date of November 30, 2009, a Payment Date of December 1, 2009, and an Ex Date of December 2, 2009. Shareholders will automatically receive nine additional shares for each share owned with no action required by shareholders. The company expects that its common stock will begin trading post-split on December 2, 2009.

As part of the forward split, the company amended its Articles of Incorporation with the State of Delaware to increase the number of authorized shares to 100,000,000, par value $.001. After the ten-for-one forward split, the company will have 66,722,690 shares issued and outstanding.

On October 30, 2009, the company also announced a $2 Million cash dividend in the form of three separate payments of $.01 per share (post split) by no later than December 31, 2009, June 30, 2010, and December 31, 2010. The company expects to announce the first cash dividend record date by December 15, 2009 with a payment date of no later than December 31, 2009.

About Advant-e Corporation

Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.

Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at [phone]. The company's email is [e-mail].

The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

SOURCE Advant-e Corporation



URL: http://www.advant-e.com
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Copyright (C) 2009 PR Newswire. All rights reserved
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KEYWORD: Ohio
INDUSTRY KEYWORD: FIN
CPR
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OTC
SUBJECT CODE: STS
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Advant-e Corporation Announces Record Date and Payment Date for Special Cash Dividend


--First of the three separate cash dividend payments of $.01 per share will be paid on December 28, 2009 to shareholders of record as of December 15, 2009
DAYTON, Ohio, Dec 07, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: ADVC), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced the payment date and record date of the first of three installments of its previously declared cash dividend.
On October 30, 2009, the Company announced a cash dividend in the form of three separate payments of $.01 per share by no later than December 31, 2009, June 30, 2010, and December 31, 2010. The first cash dividend payment of $.01 per share will be paid on December 28, 2009 to shareholders of record as of December 15, 2009.

The company will announce the payment dates and record dates for each of the second installment ($.01 per share) and third installment ($.01 per share) of the dividend at appropriate future dates.

Jason K. Wadzinski, Chairman, Chief Executive Officer, and President, remarked, "As stated earlier, this cash dividend is intended to reward our shareholders and to allow them to likely take advantage of favorable Federal income tax treatment for dividends that is scheduled to expire at the end of 2010. Our current cash balance and historically strong cash flow afford us the opportunity to pay this dividend while retaining the resources necessary to continue with our growth initiatives."

About Advant-e Corporation

Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.

Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at [phone]. The company's email is [e-mail].

The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

SOURCE Advant-e Corporation



URL: http://www.advant-e.com
www.prnewswire.com
Copyright (C) 2009 PR Newswire. All rights reserved
-0-

KEYWORD: Ohio
INDUSTRY KEYWORD: CPR