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CALGARY, ALBERTA, Nov 9, 2009 (Marketwire via COMTEX) --
Computer Modelling Group Ltd. (TSX:CMG) ("CMG" or the "Company") announces a dividend of $0.18 per share on CMG's Common and Non-Voting Shares. The dividend will be paid on December 15, 2009 to shareholders of record at the close of business on December 4, 2009.
Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide as a leading developer of reservoir modelling software, has sales and technical support services based in Calgary, Houston, London, Caracas and Dubai. CMG is the leading supplier of advanced processes reservoir modelling software in the world with a blue chip client base of international oil companies and technology centers in approximately 50 countries. The Company's shares are listed on the Toronto Stock Exchange under the trading symbol "CMG."
All dividends paid by Computer Modelling Group Ltd. to holders of Common Shares and Non-Voting Shares in the capital of Computer Modelling Group Ltd. will be treated as eligible dividends within the meaning of such term in section 89(1) of the Income Tax Act (Canada), unless otherwise indicated.
SOURCE: Computer Modelling Group Ltd.
Computer Modelling Group Ltd. Kenneth M. Dedeluk President & CEO (403) 531-1300 ken.dedeluk@cmgl.ca Computer Modelling Group Ltd. John Kalman Vice President, Finance & CFO (403) 531-1300 john.kalman@cmgl.ca www.cmgl.ca
Tags: blue chip business calgary canada computer consulting dividend dividends dubai gasoline oil and gas sales software tax technology
Companies: Computer Modelling Group Ltd. (CMDXF), Computer Modelling Group Ltd. (CMG)
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307-555,Modification: Software solutions for IBM System p rebate offering Customers can receive a rebate if they acquire a solution that consists of: one or more eligible new IBM System p5 520, 550, or 560; or IBM eServer p5 570, 590, or 595; or IBM Sy
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Computer Modeling Group ... Calgary, Alberta, Canada T2L 2K7 Phone: (403) 531-1300 Fax: (403) 289-8502
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