Pason Systems Inc. Announces Quarterly Dividend

CALGARY, Feb. 27, 2014 /CNW/ - Pason Systems Inc. (TSX: PSI) announced today 
that the Board of Directors (with Mr. Jim Hill, the significant shareholder 
through J.D Hill Investments Ltd., abstaining from voting) today declared a 
quarterly dividend of fifteen cents (C$0.15) per share on the company's common 
shares. The dividend will be paid on April 1, 2014 to shareholders of record 
at the close of business on March 14, 2014. 
Pursuant to the Canadian Income Tax Act, dividends paid by the Company to 
Canadian residents are considered to be "eligible" dividends. 
Pason Systems Inc. 
Pason Systems Inc. is a leading provider of instrumentation systems to 
land-based and offshore drilling rigs worldwide. The company's rental 
solutions, which include data acquisition, wellsite reporting, remote 
communications, and web-based information management, maximize rig uptime, 
improve work efficiency, and minimize operating costs. Pason's common shares 
trade on the Toronto Stock Exchange under the symbol PSI. 
Certain information regarding the Company contained herein may constitute 
forward-looking information under applicable securities law.  The words 
"anticipate", "expect", "believe", "may", "should", "will", "estimate", 
"project", "outlook", "forecast" or other similar words are used to identify 
such forward-looking information and statements.  Forward-looking statements 
in this document include statements regarding the Company's decision to 
declare a quarterly dividend; anticipated business prospects and financial 
performance of Pason; expectations or projections about future strategies 
including dividend strategies and goals for growth and expansion; expected and 
future cash flows and revenues; and expected impact of future commitments. 
These forward-looking statements are based upon various underlying factors and 
assumptions, including those with regards to the anticipated success of the 
acquired business and the ability of the Company to integrate such business; 
the state of the economy and the oil and gas exploration and production 
business, in particular; the Company's business prospects and opportunities; 
and estimates of the financial and operational performance of Pason. 
Forward-looking information and statements are subject to known or unknown 
risks and uncertainties that may cause actual results to differ materially 
from those anticipated or implied in the forward-looking information and 
statements.  Risk factors that could cause actual results or events to differ 
materially from current expectations include, among others, the ability of 
Pason to successfully implement its strategic initiatives and whether such 
strategic initiatives will yield the expected benefits, the operating 
performance of Pason's assets and businesses, the price of energy commodities, 
competitive factors in the energy industry, changes in laws and regulations 
affecting Pason's businesses, technological developments, and general economic 
Readers are cautioned not to place undue reliance on forward-looking 
statements as there can be no assurance that the plans, intentions or 
expectations upon which they are placed will occur.  Such forward looking 
statements, although considered reasonable by management as of the date 
hereof, may prove to be incorrect and actual results may differ materially 
from those anticipated.  Forward-looking statements contained in this press 
release are expressly qualified by this cautionary statement. 
Additional information on risks and uncertainties and other factors that could 
affect Pason's operations or financial results are included in Pason's reports 
on file with the Canadian securities regulatory authorities and may be 
accessed through the SEDAR website ( or through Pason's website 
(  Furthermore, the forward looking statements contained in 
this news release are made as of the date of this news release, and Pason does 
not undertake any obligation to update publicly or to revise any of the 
included forward-looking statements, whether as a result of new information, 
future events or otherwise, except as expressly required by securities law.

SOURCE  Pason Systems Inc. 
For more information about Pason Systems Inc., visit the company's  website or contact: 
Marcel Kessler  President and CEO 403-301-3400 
Jon Faber(1)  Chief Financial Officer 403-301-3400 
David Elliott(1) Vice President, Finance 403-301-3400 
(1) Jon Faber has been appointed to the role of Chief Financial Officer  
effective March 1, 2014. David Elliott retains the role of Vice  President, 
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CO: Pason Systems Inc.
ST: Alberta
-0- Feb/27/2014 23:46 GMT
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