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03/18/2010
CSI DECLARES 2-FOR-1 STOCK SPLIT
PADUCAH, Ky. - (March 18, 2010) - Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved a two-for-one stock split effected in the form of a stock dividend. The stock dividend is payable April 30, 2010, to shareholders of record as of the close of business on March 29, 2010. Shareholders will receive two shares for every share held. As a result of the stock split, the total number of outstanding shares will increase to approximately 14.6 million shares.
"The stock split announced today highlights the continued appreciation in CSI's stock price over the past year," stated Steven A. Powless, President and CEO of CSI. "We believe the increase in our stock price is in recognition of our continued growth in revenue, earnings and cash flow. We remain optimistic about the future of CSI and expect the stock split will improve the affordability of our shares and improve the liquidity in our stock over the long-term as more shares are available to trade in the market."




