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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: Kimberly Lee who started this subject7/7/2000 9:50:04 AM
From: RichBear   of 108040
 
TEMPE, Ariz., Jul 7, 2000 (BUSINESS WIRE) -- Circuit Research Labs, Inc. (CRL)
(OTC/BB: CRLI) today announced that its Board of Directors has voted in favor of
a 100% stock dividend of one share of common stock for each share held, payable
on August 15, 2000 to all shareholders of record as of the close of business on
July 31, 2000.

Charles Jayson Brentlinger, President, CEO and Chairman of CRL stated, "This
action was taken to increase liquidity and broaden the ownership in the
Company's shares, which have shown an increase in trading activity since the
announcement of our intent to acquire Orban."

CRL Systems closed on the acquisition of Orban on May 31, 2000. Orban is the
largest manufacturer of high quality audio processing for radio, television and
Internet broadcasters. Orban also manufactures the acclaimed Audicy digital
audio workstation.
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