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| [November 16, 2012] |
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PCTEL Increases Quarterly Dividend From $.03 to $.035
BLOOMINGDALE, Ill. --(Business Wire)--
PCTEL (News - Alert), Inc. (NASDAQ: PCTI), a leader in simplifying wireless and site
solutions for private and public networks, announced today that the
PCTEL Board of Directors had approved a 16.6 percent increase in the
company's regular quarterly dividend to $0.035 per share on its common
stock. The quarterly dividend had been $.03 per share. This dividend
will be payable on February 15, 2013 to shareholders of record at the
close of business on February 8, 2013.
"We have confidence in the company's future, its forecasted cash flow,
and our ability to generate earnings growth," said Marty Singer, PCTEL's
Chairman and CEO. "Our dividend program coupled with our purchase of
over eight (8) million shares of PCTEL stock demonstrates our commitment
to returning value to our shareholders," added Singer.
About PCTEL
PCTEL, Inc. (NASDAQ: PCTI), develops antenna, scanning receiver, and
engineered site solutions for public and private networks. The company's
SeeGull® scanning receivers, SeeHawk® visualization tool, and Clarify®
system measure and analyze wireless signals for efficient cellular
network planning, deployment, and optimization. PCTEL develops and
supports scanning receivers for LTE, TD-LTE, EV-DO, CDMA, WCDMA,
TD-SCDMA, GSM, and WiMAX (News - Alert) networks.
PCTEL's MAXRAD®, Bluewave™ and Wi-Sys™ antenna solutions address private
network, public safety, and government applications. PCTEL develops and
delivers high-value YAGI, Land Mobile Radio, WiFi (News - Alert), GPS, In-Tunnel,
Subway, and broadband antennas (parabolic and flat panel). The company's
vertical markets include SCADA, Health Care, Smart Grid, Precision
Agriculture, Indoor Wireless, Telemetry, Off-loading, and Wireless
Backhaul. PCTEL Connected Solutions™ designs and delivers Site Solutins
for private and public wireless, data, and communication applications.
PCTEL Connected Solutions™ utilizes specialized towers, enclosures,
fiber optic panels, fiber jumper cables and a wide array of its
TowerWorx™ and TelWorx™ products to deliver engineered site solutions.
PCTEL Secure focuses on Android (News - Alert) mobile platform security. PCTEL's
products are sold worldwide through direct and indirect channels. For
more information, please visit the company's web sites www.pctel.com,
www.antenna.com,
www.antenna.pctel.com,
www.rfsolutions.pctel.com,
www.connectedsolutions.pctel.com,
www.towerworx.com,
www.wirelesstesting.com
or www.pctelsecure.com
PCTEL Safe Harbor Statement
This press release contains "forward-looking statements" as defined in
the Private Securities Litigation Reform Act of 1995. Specifically, the
statements regarding PCTEL's future financial performance and
expectations regarding growth and expansion are forward-looking
statements within the meaning of the safe harbor. These statements are
based on management's current expectations and actual results may differ
materially from those projected as a result of certain risks and
uncertainties, including the ability to successfully grow the wireless
products business and the ability to implement new technologies and
obtain protection for the related intellectual property. These and other
risks and uncertainties are detailed in PCTEL's Securities and Exchange
Commission filings. These forward-looking statements are made only as of
the date hereof, and PCTEL disclaims any obligation to update or revise
the information contained in any forward-looking statement, whether as a
result of new information, future events or otherwise.

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