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Friday March 30,
2007
DRYCLEAN USA,
Inc. Declares Semi-annual Dividend
MIAMI--DRYCLEAN
USA, Inc. (AMEX:DCU - News)
today announced that the Board of Directors declared a $.04 per share
semi-annual dividend, payable on May 1, 2007 to shareholders of record on April
13, 2007.
Venerando J. Indelicato,
Chief Financial Officer of DRYCLEAN USA Inc., stated: "Positive cash flow
generated by the Company enabled the Board of Directors to continue its liberal
dividend policy by sharing its excess cash with its shareholders."
DRYCLEAN USA, Inc., through
its subsidiaries, is one of the nation's leading distributors of industrial
laundry, dry cleaning machines and steam boilers. Its subsidiary, DRYCLEAN USA
License Corp., is one of the largest franchise and license operations in the dry
cleaning industry, currently consisting of over 400 franchised and license
stores in the United States, the Caribbean and Latin America.
This press release contains
certain information that is subject to a number of known and unknown risks and
uncertainties that may cause actual results and trends to differ materially from
those expressed or implied by the forward-looking statements. Information
concerning such factors are discussed in Company reports filed with the
Securities and Exchange Commission.
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| Contact: Michael S. Steiner, President |
| DRYCLEAN USA |
| 290 N.E. 68th Street |
| Miami, FL 33138 |
| (305) 754-9966 |
| ir@drycleanusa.com |