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Control Devices, Inc. Declares Cash Dividend

12 February 1999

Control Devices, Inc. Declares Cash Dividend

    STANDISH, Maine--Feb. 12, 1999--Control Devices, Inc. (NASDAQ, SNSR) today announced that its Board of Directors declared a planned quarterly cash dividend of two cents ($.02) per common share, payable on March 19, 1999 to shareholders of record as of February 26, 1999. Currently, the Company has approximately 8.3 million shares outstanding.
    Control Devices is a leading supplier of automatically resetting circuit breakers and sensors, to the automotive market, and of glass enclosed circuit breakers to the appliance market. In addition the Company also supplies electronic ceramics to the wireless cellular and PCS telecommunications market. In Europe the Company distributes automotive and electronic components through its subsidiary, RDI. The Company supplies its products to major OEM manufacturers such as GM, Ford, Mercedes, Chrysler, Volkswagen, Danfoss and Peugeot. Control Devices, whose corporate headquarters are in Standish, Maine, also has operations in Caribou, Maine; Southfield, Michigan; Villepinte, France; and the Dominican Republic.