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LIGATT Security International, Inc.: LIGATT Security International Offers Dividends to Shareholders

^{Published on 2009-05-28 06:29:46, Last Modified on 2009-05-28 06:30:32 - Market Wire}
 

ATLANTA, GA--(Marketwire - May 28, 2009) - LIGATT Security International (PINKSHEETS: [ LGTT ]) CEO Gregory Evans announced today that the company will be one of the first Over-The-Counter (OTC) companies to offer dividends to shareholders. In order to maximize shareholder value and focus on its core business strategy, LIGATT Security International will begin offering dividends to shareholders planned for 4th quarter 2009.This strategy comes at a time of the fastest reduction in U.S. dividends since 1955. With this tactic, LIGATT shareholders will not only get paid for each share that they own, but they will also get to retain their stock, therefore receiving a portion of the company's earnings.

The company feels these modest returns to shareholders, over time, should develop LIGATT Security International into a must have for investor portfolios. "This stock dividend is intended to lay the groundwork for the growth of LIGATT Security International," said CEO Gregory Evans. "It is part of our ongoing efforts to promote capital investment, broaden ownership and enhance shareholder value. This action is enabled by the Company's continued success in cyber security and is consistent with the Board's commitment to take actions designed to create a wider distribution of the LIGATTs stock."

In order to solidify these endeavors, our newest board member Dami Kabiawu will serve as the company's Chief Financial Officer and Treasurer beginning June 1, 2009. One of Kabiawu's first obligations is to acquire an outside accounting firm for consulting purposes in order to assist with financial statements and dividends.

For more information regarding our future shareholder dividend opportunities visit [ www.youtube.com/no1hacker ] to view CEO Gregory Evan's most recent video blog to be released this morning at 9:30. For more information about LIGATT Security International visit [ www.ligattsecurity.com ]

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.