November 15, 2016 HACKENSACK, N.J. PaperClip Inc., the company, has announced a onetime cash dividend of 1.80 cent per share payable to shareholders of record on December 6, 2016 payable December 23, 2016. The company also paid a cash dividend of 1.75 cent per share to shareholders on December 21, 2015. This is the seventh consecutive year PaperClip has paid cash dividends.

About PaperClip, Inc.

Established in 1991, PaperClip Incorporated develops and markets products and services that enable effective communications within a company and with third parties. Through innovative solutions, PaperClip helps customers solve operational problems and reduce overhead associated with the capture, management, transmission, and storage of paper, images, faxes and reports. For more info:

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PaperClip and PaperClip32 are registered trademarks of PaperClip Incorporated. All other named products mentioned in this release may have been identified by trademarks or registered trademarks of their respective holder.