HOUSTON, Nov. 7, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of Houston Wire & Cable Company (Nasdaq:HWCC) today announced a cash dividend of $0.085 per share on the Common Stock, payable November 28, 2008, to shareholders of record of Common Stock at the close of business on November 15, 2008.

The Company continues sharing its success with shareholders as this fourth quarter dividend marks the sixth payment since the dividend initiation in August, 2007.

For more information, visit the Investor Relations page on our website at www.houwire.com.

About the Company

With more than 30 years of experience in the electrical industry, Houston Wire & Cable Company is one of the largest distributors of specialty wire and cable and related services in the U.S. electrical distribution market. Headquartered in Houston, Texas, HWCC has sales and distribution facilities in Atlanta, Baton Rouge, Charlotte, Chicago, Denver, Houston, Los Angeles, Philadelphia, San Francisco, Seattle and Tampa.

Standard stock items available for immediate delivery include continuous and interlocked armor, instrumentation, medium voltage, high temperature, portable cord, power cables and private branded products, including LifeGuard(tm), a low-smoke, zero-halogen cable. HWCC's comprehensive value-added services include same-day shipping, knowledgeable sales staff, inventory management programs, just-in-time delivery, logistics support, customized internet-based ordering capabilities and 24/7/365 service.

The Houston Wire & Cable Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2807

CONTACT:  Houston Wire & Cable Company
          Hope M. Novosad, Investor Relations Coordinator
          713.609.2110
          Fax: 713.609.2168
          hnovosad@houwire.com