Span-America Declares Quarterly Cash Dividend

Marks 107th Consecutive Quarterly Dividend Payment

GREENVILLE, S.C.--(BUSINESS WIRE)-- Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced today that the Board of Directors declared a quarterly cash dividend of $0.16 per share. The dividend is payable September 7, 2016, to shareholders of record on August 16, 2016.

“This quarter’s cash dividend marks the company’s 107th consecutive quarter of paying cash dividends,” stated Jim Ferguson, president and chief executive officer of Span-America. “Our long and consistent record of paying dividends emphasizes Span-America’s strong financial performance and our Board’s focus on continuing to build shareholder value through our cash dividend program.”

About Span-America Medical Systems, Inc.

Span-America manufactures and markets a comprehensive selection of pressure management products for the medical market, including Geo-Matt®, PressureGuard®, Geo-Mattress®, Custom Care®, Span+Aids®, Isch-Dish®, Risk Manager® and Selan® products. We also supply custom foam and packaging products to the consumer and industrial markets. Through our wholly-owned subsidiary Span Medical Products Canada Inc., we manufacture and market the M.C. Healthcare Products brands of Encore®, Advantage and Rexx beds as well as related in-room furnishing products for the long-term care market. Span-America’s stock is traded on The NASDAQ Global Market under the symbol “SPAN.” For more information, visit www.spanamerica.com and www.mchealthcare.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160804006251/en/

Span-America Medical Systems, Inc.
Jim Ferguson, 864-288-8877, ext. 6912
President and Chief Executive Officer

Source: Span-America Medical Systems, Inc.

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