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BASKING RIDGE, N.J., Jan 29, 2004 -- Hooper Holmes, Inc. (Amex: HH) today announced that its Board of Directors declared a cash dividend of $0.015 per share, payable on Friday, February 27, 2004 to all shareholders of record on Friday, February 13, 2004.
Jim McNamee, Chairman and CEO of Hooper Holmes, stated, "This payment demonstrates the Board's continued confidence in the Company's long-term business prospects and its ability to generate ample cash to fund its working capital needs, to invest in operating assets and to pursue acquisitions going forward."
Hooper Holmes provides outsourced risk assessment services, including underwriting and claims information to the life, health, automobile, and workers' compensation insurance industries. The Company provides these health information services through over 275 locations nationwide and in the United Kingdom.
Contacts: Fred Lash, Chief Financial Officer
908-766-5000
Financial Dynamics
Tiernan Cavanna, or Lanie Fladell, Investors
Sean Leous, Media
212-850-5600
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