Exhibit 99.1
	News

For Immediate Release	Contact:
July 17, 2013	Rick Honey
	(212) 878-1831

COMPANY DECLARES QUARTERLY DIVIDEND

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MTI today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on September 12, 2013 to stockholders of record on August 29, 2013.

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