EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

NORTH PITTSBURGH SYSTEMS, INC.

4008 GIBSONIA ROAD

GIBSONIA, PA 15044-9311

 

Contact: Allen P. Kimble   Phone: (724) 443-9575   Fax: (724) 443-9431

FOR IMMEDIATE RELEASE

NORTH PITTSBURGH SYSTEMS, INC.

REPORTS QUARTERLY DIVIDEND DECLARATION

May 22, 2006, Gibsonia, Pennsylvania – North Pittsburgh Systems, Inc. (NASDAQ:NPSI) announced that a common stock quarterly dividend of $.20 per share is payable on July 14, 2006 to shareholders of record on July 3, 2006. The $.20 per share quarterly dividend declared represents a $.01 per share, or 5.3%, increase over the dividend declared in the first quarter of 2006. North Pittsburgh Systems, Inc. has total assets of $160 million and operates an integrated high-technology telecommunications business in Western Pennsylvania providing competitive and local exchange services, long distance and Internet services through its subsidiaries, North Pittsburgh Telephone Company, Penn Telecom, Inc. and Pinnatech, Inc. (d/b/a Nauticom).