MATTHEWS, N.C., Dec. 4 /PRNewswire/ -- PCA International, Inc.
(Nasdaq: PCAI) today announced that the Company's Board of Directors voted to
suspend payment of its quarterly dividend in anticipation of the financial
requirements of the potential acquisition of American Studios, Inc.
(Nasdaq: AMST).
PCA International, Inc., provides professional portrait services in 1,574
permanent studios in the United States, Canada, and Puerto Rico. PCA
presently operates 1,375 studios in Kmart Stores in the United States and
Puerto Rico; 85 studios in Wal-Mart stores in the United States, Canada, and
Puerto Rico; and 114 studios in PETsMART stores in the United States and
Canada.
SOURCE PCA International, Inc.
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CONTACT: Bruce A. Fisher, Senior Vice President, Chief Financial Officer, PCA International, Inc., 704-847-8011, Ext. 2404
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