SEATTLE--(BUSINESS WIRE)--Oct. 17, 2014--
Marchex,
Inc. (NASDAQ:MCHX), today announced that the company's Board of
Directors has declared a regular quarterly dividend in the amount of
$0.02 per share on its common stock. Marchex will pay these dividends on
November 18, 2014 to the holders of record as of the close of business
on November 7, 2014. As of October 17, 2014, 5,232,636 shares of Class A
common stock and 37,612,422 shares of Class B common stock are
outstanding.
Marchex commenced the payment of a regular quarterly cash dividend on
its common stock on February 15, 2007. The company intends to pay a
regular quarterly dividend on its common stock for the foreseeable
future at the discretion of the Board of Directors depending on
available cash, anticipated cash needs, overall financial condition,
future prospects for earnings and cash flows as well as other relevant
factors.
About Marchex
Marchex
is a mobile advertising technology company. The company provides a suite
of products and services for businesses that depend on consumer phone
calls to drive sales. Marchex’s mobile advertising platform delivers new
customer phone calls to businesses, while its technology analyzes the
data in these calls to help maximize ad campaign results. Marchex
disrupts traditional advertising models by giving businesses full
transparency into their ad campaign performance and charging them based
on new customer acquisition.
Please visit www.marchex.com,
blog.marchex.com
or @marchex
on Twitter (Twitter.com/Marchex), where Marchex discloses material
information from time to time about the company, its financial
information, and its business.
Forward-Looking Statements:
This press release contains forward-looking statements that involve
substantial risks and uncertainties. All statements, other than
statements of historical facts, included in this press release regarding
our strategy, future operations, future financial position, future
revenues, acquisitions, projected costs, prospects, plans and objectives
of management are forward-looking statements. We may not actually
achieve the plans, intentions or expectations disclosed in our
forward-looking statements and you should not place undue reliance on
our forward-looking statements. Actual results or events could differ
materially from the plans, intentions and expectations disclosed in the
forward-looking statements we make. There are a number of important
factors that could cause Marchex's actual results to differ materially
from those indicated by such forward-looking statements which are
described in the "Risk Factors" section of our most recent periodic
report and registration statement filed with the SEC. All of the
information provided in this release is as of October 17, 2014 and
Marchex undertakes no duty to update the information provided herein.
Source: Marchex, Inc.
Marchex Investor Relations
Trevor Caldwell, 206-331-3600
Email:
ir(at)marchex.com
Or
MEDIA INQUIRIES
Marchex
Corporate Communications
Sonia Krishnan, 206-331-3434
Email:
skrishnan(at)marchex.com
