Allied Motion Declares Quarterly Cash Dividend

  Allied Motion Declares Quarterly Cash Dividend

Business Wire

DENVER -- February 19, 2013

Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced that the Board
of Directors declared a quarterly cash dividend payment of $.025 per share
payable on March 12, 2013 to shareholders of record on March 1, 2013.

“The dividend, when annualized, represents approximately 16% of net income
achieved for the last twelve months,” commented Dick Warzala, President and
CEO of Allied Motion. “The payment of a cash dividend is in keeping with
management’s commitment to increase shareholder value and demonstrates our
confidence in the future of the company. As stated previously, the dividend
does not affect our growth strategy as we fully intend to invest in the
Company both organically and through acquisitions in the future.”

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and
sells motion control products into applications that serve many industry
sectors. Allied Motion is a leading supplier of precision and specialty motion
control components and systems to a broad spectrum of customers throughout the
world.

The statements in this press release that relate to future plans, events or
performance are “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements include,
without limitation, any statement that may predict, forecast, indicate, or
imply future results, performance, or achievements, and may contain the word
“believe,” “anticipate,” “expect,” “project,” “intend,” “will continue,” “will
likely result,” “should” or words or phrases of similar meaning.
Forward-looking statements involve known and unknown risks and uncertainties
that may cause actual results of the Company to differ materially from the
forward-looking statements. Actual results, events and performance may differ
materially. Readers are cautioned not to place undue reliance on these
forward-looking statements as a prediction of actual results. The Company has
no obligation or intent to release publicly any revisions to any forward
looking statements, whether as a result of new information, future events, or
otherwise.

Contact:

Allied Motion Technologies Inc.
Rob Maida
303-799-8520
or
Sue Chiarmonte
303-799-8520 x24
 
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