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CPAC Reports 14.6% Gain in 2Q Net Income

CPAC has announced improved earnings per share and net income for the second quarter of fiscal year 2001, ended September 30, 2000.

Leicester, N.Y. -- CPAC, Inc., an international manufacturer and marketer of cleaning chemicals and related accessories, personal care products, and prepackaged imaging chemical formulations, today announced improved earnings per share and net income for the second quarter of fiscal year 2001, ended September 30, 2000. The Company also announced that its Board of Directors had declared a quarterly cash dividend in the amount of $0.07 per share, payable on December 15, 2000, to shareholders of record at the close of business on November 17, 2000.

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