The Marketing Alliance Declares 2006 Cash Dividend
20 October 2006 - 2:29AM
Business Wire
The Marketing Alliance, Inc. (Pink Sheets: MAAL) ("TMA" or the
"Company"), a consortium of independent life insurance brokerage
general agencies located throughout the United States, today
announced that its Board of Directors authorized a $0.17 per share
cash dividend for shareholders of record on December 1, 2006, to be
paid on or about January 31, 2007. This is the latest dividend
payment to shareholders and an increase of 13% over last year�s
cash dividend of $0.15 per share. The Company also announced that
its Board of Directors has extended�until December 31, 2007 the
program allowing�the Company to repurchase at its discretion up to
100,000 shares of TMA common stock. Currently, there�are
approximately 2.0 million shares of TMA common stock outstanding.
ABOUT THE MARKETING ALLIANCE, INC. Headquartered in St. Louis, MO,
TMA is one of the largest organizations providing support to
independent insurance brokerage agencies, with a goal of providing
members value-added services on a more efficient basis than they
can achieve individually. TMA�s network is comprised of independent
life brokerage and general agencies in 43 states. Investor
information can be accessed through the shareholder section of
TMA�s website at http://www.themarketingalliance.com/si_who.cfm.
TMA stock is traded in the �pink sheets� (www.pinksheets.com) under
the symbol �MAAL�. These shares may be purchased or sold through
any broker, or through a market-maker in TMA stock, such as Robotti
& Company. FORWARD LOOKING STATEMENT Investors are cautioned
that forward-looking statements involve risks and uncertainties
that may affect TMA's business and prospects. Any forward-looking
statements contained in this press release represent our estimates
only as of the date hereof, or as of such earlier dates as are
indicated, and should not be relied upon as representing our
estimates as of any subsequent date. These statements involve a
number of risks and uncertainties, including, but not limited to,
general changes in economic conditions. While we may elect to
update forward-looking statements at some point in the future, we
specifically disclaim any obligation to do so. The Marketing
Alliance, Inc. (Pink Sheets: MAAL) ("TMA" or the "Company"), a
consortium of independent life insurance brokerage general agencies
located throughout the United States, today announced that its
Board of Directors authorized a $0.17 per share cash dividend for
shareholders of record on December 1, 2006, to be paid on or about
January 31, 2007. This is the latest dividend payment to
shareholders and an increase of 13% over last year's cash dividend
of $0.15 per share. The Company also announced that its Board of
Directors has extended until December 31, 2007 the program allowing
the Company to repurchase at its discretion up to 100,000 shares of
TMA common stock. Currently, there are approximately 2.0 million
shares of TMA common stock outstanding. ABOUT THE MARKETING
ALLIANCE, INC. Headquartered in St. Louis, MO, TMA is one of the
largest organizations providing support to independent insurance
brokerage agencies, with a goal of providing members value-added
services on a more efficient basis than they can achieve
individually. TMA's network is comprised of independent life
brokerage and general agencies in 43 states. Investor information
can be accessed through the shareholder section of TMA's website at
http://www.themarketingalliance.com/si_who.cfm. TMA stock is traded
in the "pink sheets" (www.pinksheets.com) under the symbol "MAAL".
These shares may be purchased or sold through any broker, or
through a market-maker in TMA stock, such as Robotti & Company.
FORWARD LOOKING STATEMENT Investors are cautioned that
forward-looking statements involve risks and uncertainties that may
affect TMA's business and prospects. Any forward-looking statements
contained in this press release represent our estimates only as of
the date hereof, or as of such earlier dates as are indicated, and
should not be relied upon as representing our estimates as of any
subsequent date. These statements involve a number of risks and
uncertainties, including, but not limited to, general changes in
economic conditions. While we may elect to update forward-looking
statements at some point in the future, we specifically disclaim
any obligation to do so.
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