PORTLAND, OR, Jun. 29, 2010 (Marketwire) --
PORTLAND, OR -- (Marketwire) -- 06/29/10 -- Williams Controls, Inc. (the "Company") (NASDAQ: WMCO) today announced that its Board of Directors has declared a cash dividend of $1.00 per share on the Company's outstanding common shares, payable on July 28, 2010 to shareholders of record at the close of business on July 14, 2010.
The Company has not yet determined whether, or to what extent, this distribution would be taxable as a dividend or be treated as a return of capital.
ABOUT WILLIAMS CONTROLS
Williams Controls is a leading global designer and manufacturer of Electronic Throttle Control Systems ("ETCs") for the heavy truck, bus and off-road markets. Williams Controls is headquartered in Portland, Oregon and employs more than 200 people worldwide at locations in North America, Europe, and Asia. For more information, visit Williams Controls' website at www.wmco.com.
Contact:
Mike Rusk
Financial Controller
Telephone: (503) 684-8600
