• Cash on hand at December 31, 2006 was $16.8 million, compared to $36.7 million at September 30, 2006 and $60.0 million at December 31, 2005.
• On February 20, 2007, the Company's Board of Directors declared a dividend of $0.225 per share of common stock payable on March 15, 2007 to shareholders of record as of the close of business on March 5, 2007 and adopted a Dividend Reinvestment Plan.
Thomas Gutierrez, Chief Executive Officer of Xerium Technologies, said, "We were pleased with our top-line growth during the fourth quarter of 2006, both sequentially and on a year-over-year basis. Our clothing business generated solid sequential sales growth in most regions, with particular strength in Europe, while our roll covers business also had another strong sales quarter.
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Xerium Technologies Inc, USA
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