The Aristotle Corporation Declares Semi-Annual Preferred Dividends
August 31 2005 - 6:00PM
Business Wire
The Aristotle Corporation (NASDAQ: ARTL; ARTLP) announced today
that it has declared semi-annual cash dividends of $.33 and $.36
per share, respectively, on its outstanding shares of Series I
Preferred Stock and Series J Preferred Stock. The dividends are
payable on September 30, 2005, to holders of record on September
15, 2005. Dividends are payable on Aristotle's Preferred Stock on
March 31 and September 30, if and when declared by Aristotle's
Board of Directors. About Aristotle The Aristotle Corporation,
founded in 1986, and headquartered in Stamford, CT, is a leading
manufacturer and global distributor of educational, health, medical
technology and agricultural products. A selection of over 80,000
items is offered, primarily through more than 45 separate catalogs
carrying the brand of Nasco (founded in 1941), as well as those
bearing the brands of Life/Form(R), Whirl-Pak(R), Simulaids,
Triarco, Spectrum Educational Supplies, Hubbard Scientific, Scott
Resources, Haan Crafts, To-Sew, CPR Prompt(R), Ginsberg Scientific
and Summit Learning. Products include educational materials and
supplies for substantially all K-12 curricula, molded plastics,
biological materials, medical simulators and items for the
agricultural, senior care and food industries. Aristotle has
approximately 800 employees at its operations in Fort Atkinson, WI,
Modesto, CA, Fort Collins, CO, Plymouth, MN, Woodstock, NY,
Chippewa Falls, WI, Otterbein, IN and Newmarket, Ontario, Canada.
There are approximately 17.2 million shares outstanding of
Aristotle common stock (NASDAQ: ARTL) and approximately 1.1 million
shares outstanding of 11%, cumulative, convertible, voting, Series
I preferred stock (NASDAQ: ARTLP); there are also approximately
11.0 million privately-held shares outstanding of 12%, cumulative,
non-convertible, non-voting shares of Series J preferred stock.
Aristotle has about 4,000 stockholders of record. Further
information about Aristotle can be obtained on its website, at
www.aristotlecorp.net. Safe Harbor under the Private Securities
Litigation Reform Act of 1995 To the extent that any of the
statements contained in this release are forward-looking, such
statements are based on current expectations that involve a number
of uncertainties and risks that could cause actual results to
differ materially from those projected or suggested in such
forward-looking statements. Aristotle cautions investors that there
can be no assurance that actual results or business conditions will
not differ materially from those projected or suggested in such
forward-looking statements as a result of various factors,
including, but not limited to, the following: (i) the ability of
Aristotle to obtain financing and additional capital to fund its
business strategy on acceptable terms, if at all; (ii) the ability
of Aristotle on a timely basis to find, prudently negotiate and
consummate additional acquisitions; (iii) the ability of Aristotle
to manage any to-be acquired businesses; (iv) there is not an
active trading market for Aristotle's securities and the stock
prices thereof are highly volatile, due in part to the relatively
small percentage of Aristotle's securities which is not held by
Aristotle's majority stockholder and members of Aristotle's Board
of Directors and/or management; (v) the ability of Aristotle to
retain and utilize its Federal net operating tax loss carryforward
position; and (vi) other factors identified in Item 7, Management's
Discussion and Analysis of Financial Condition and Results of
Operations, "Forward-Looking Statements," contained in Aristotle's
Annual Report on Form 10-K for the year ended December 31, 2004. As
a result, Aristotle's future development efforts involve a high
degree of risk. For further information, please see Aristotle's
filings with the Securities and Exchange Commission, including its
Forms 10-K, 10-Q and 8-K.
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