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FOR IMMEDIATE RELEASE May 22, 2003 |
For More Information Contact: Barbara J. Carpenter, Assistant Secretary (952) 937-4006 |
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MTS Systems Corporation Declares A Quarterly Dividend Eden Prairie, Minn., May 22, 2003 - MTS Systems Corporation (Nasdaq: MTSC) - At their regular quarterly meeting held on February 12, 2003, the MTS Board of Directors declared a cash dividend as follows: Amount: $0.06 Record Date: June 11, 2003 Payable Date: July 1, 2003 About MTS Systems Corporation: MTS Systems Corporation is a global supplier of integrated simulation solutions that help customers accelerate and improve their design, development and manufacturing processes. MTS supplies products for determining the mechanical behavior of materials, products and structures - including computer-based testing and simulation systems, modeling and testing software, and consulting services - as well as products for automating manufacturing processes. MTS had 1,900 employees and revenue from continuing operations of $327 million for the fiscal year ended September 28, 2002. Additional information on MTS can be found on the worldwide web at http://www.mts.com. | |||