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G&K Services Announces Significant Increase in Quarterly Dividend and iCollector.com Technologies Update
Monday, August 25, 2008 9:00 AM


--(www.USEquityNews.com)-- 08/25/2008 - Business Services industry alert provided by U.S. Equity News. G&K Services, Inc. (NASDAQ: GKSR), a market leader in branded identity apparel programs and facility services, announced recently that its Board of Directors has declared a quarterly dividend of $0.07 per share, an increase of forty percent from its previous quarterly dividend of $0.05 per share. "We're pleased significantly increase the quarterly dividend for the third consecutive year," said Jeffrey Wright, senior vice president and chief financial officer. "Increasing the quarterly dividend, demonstrates confidence in our strategic plan, our ability to generate strong free cash flow and our commitment to increasing shareholder returns." The company has paid a dividend for thirty-nine consecutive years since going public in 1969. Moving forward, the company expects to increase its dividend periodically, subject to future financial performance and capital requirements.

ELM Technologies, Inc. (Other OTC:ETGS.PK) recently announced that Martha Green Milburn, R.N., M.H.A., a healthcare and nurse management expert, has joined the Company's Advisory Board. "Ms. Milburn (Marty) brings an incredible wealth of knowledge and wisdom to ELM from her years of experience in some of the largest healthcare organizations in the world -- as an administrator and nurse. Marty is also an avid supporter of the healthcare workforce model," said Barbara Rivera, President of ELM Technologies. "She is going to be a terrific advisor and we're excited and honored that she has chosen to work with us." "ELM is doing an incredible job providing workforce optimization solutions that address the human capital management crisis currently facing long-term care," stated Marty Green Milburn. "I have been particularly impressed with the EmLogis GENERATOR(TM) workforce modeling system and the company's commitment to integration and implementation. I look forward to working with and learning from the other advisory board members to help guide this company's inspiring growth and make a difference in the industry." About Martha Green Milburn, R.N., M.H.A. Marty Green Milburn is a published healthcare administration analyst and registered nurse with a Masters Degree in Hospital and Health Care administration from the University of Iowa and a Bachelors Degree from the University of Kansas. Among Green Milburn's many nursing endeavors, she completed preceptorships in Stanford University's Operating Rooms, Palo Alto, California and in Administration for Mercy Hospital, Iowa City, Iowa.

Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced recently that it is actively seeking a strategic partner or a potential purchaser for its live auction broadcast service operations.




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