Exhibit 99.1
FOR RELEASE: Immediately
| Contact: | ||||
| Richard K. Arter | Investor Relations | 941-362-1200 | ||
| Richard J. Dobbyn | Chief Financial Officer | 941-362-1200 |
Sun Hydraulics Corporation Declares Second Quarter Dividend
SARASOTA, FLA, May 28, 2002 — Sun Hydraulics Corporation (NASDAQ: SNHY) announced a $0.04 per share dividend on its common stock. The dividend is payable on July 15, 2002, to shareholders of record as of June 30, 2002.
Sun Hydraulics Corporation is a leading designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. For more information about Sun, please visit our website at www.sunhydraulics.com.