NEWS RELEASE
Contact: Kent Tyler For Immediate Release
Vice President Marketing May 26, 2005
(620) 663-5551
Collins Industries Reports Quarterly Dividend
Hutchinson, Kansas - Collins Industries, Inc. (Pink Sheets: "COLL.PK") announced
today that it declared a quarterly cash dividend of $.04 per share for holders
of record on June 8, 2005 and payable June 15, 2005. The ex-dividend date will
be June 4, 2005. The Company has paid a quarterly cash dividend for the past 33
consecutive quarters, exclusive of special dividends paid in 1998, 2000 and
2001.
Collins Industries, Inc. is a leading manufacturer of ambulances (including
medical attack vehicles, rescue vehicles and fire emergency vehicles), North
America's largest producer of Type "A" small school buses, the nation's second
largest manufacturer of terminal trucks and a leader in the road construction
and industrial sweeper markets. Since 1971, the Company has grown to
approximately 900 employees in six plants comprising over one million combined
square feet of manufacturing space. The Company sells its products throughout
the United States and abroad.
For more information on Collins Industries, Inc., visit Collins Industries,
Inc.'s website at http://www.collinsind.com.
This press release contains forward-looking information. The Company's
expectations regarding the timing of the resolution of its workers compensation
investigation and filing of its Annual Report on Form 10-K and quarterly report
on Form 10-Q are examples of such forward-looking information. These statements
can be identified by terminology such as the word "expects." The forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. The Company believes the assumptions
underlying these forward-looking statements are reasonable; however, any of the
assumptions could be inaccurate, and therefore, actual results may differ
materially from those projected in the forward-looking statements due to certain
risks and uncertainties, including, but not limited to, the availability of key
raw materials, components and chassis, changes in funds budgeted by Federal,
state and local governments, changes in competition, various inventory risks due
to changes in market conditions, changes in product demand, substantial
dependence on third parties for product quality, interest rate fluctuations,
adequate direct labor pools, development of new products, changes in tax and
other governmental rules and regulations applicable to the Company, reliability
and timely fulfillment of orders and other risks as indicated in the Company's
filings with the Securities and Exchange Commission. The Company undertakes no
obligation to publicly release any revisions to any forward-looking statements
contained herein to reflect events or circumstances occurring after the date
released or to reflect the occurrence of unanticipated events.
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Collins Industries, Inc. • 15 Compound Drive • Hutchinson, Kansas 67502-4349
• www.collinsind.com
