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Satnews Daily
November 9th, 2009

EMS Technologies... Financially Speaking...


EMS Technologies, Inc. has announced it is initiating share repurchases under its previously announced authorization to purchase shares costing up to an aggregate of US$20 million, principally in transactions involving substantial blocks. Of this authorization, approximately $10 million has previously been expended. Specific repurchase decisions will be based on market prices and conditions at the time, and on continuing evaluation of alternative needs and opportunities for cash usage. John B. Mowell, Chairman of the Board, stated, "In view of the sharp decline in the trading price of our shares following our November 5th announcement of lowered earnings expectations for the balance of this year, our Board believes purchases would benefit the remaining shareholders by reducing the number of outstanding shares at prices well below the Company's book value."