PaperClip, Inc. announces a onetime cash dividend of 1.80 cent per share

Hackensack NJ, November 13, 2017 - PaperClip Inc., the company, has announced a one-time cash dividend of 1.80 cents per share payable to shareholders of record on December 8, 2017, payable January 2, 2018. The company also paid a cash dividend of 1.80 cents per share to shareholders on December 23, 2016. This is the eighth consecutive year PaperClip has paid cash dividends.

About PaperClip, Inc.

PaperClip Inc develops and markets products and services where artificial intelligence enhances capture, digital transformation, management, and communications of documents within a company and it's trading partners. Through innovative solutions, PaperClip enables the food chain the ability to deliver straight through processing workflow, changing the paradigm for processing business from point of sale to closing while maintaining compliance. PaperClip Inc has a customer base that ranges from small organizations to Fortune 1,000 in a wide range of industries, with a concentration in insurance and financial services. One vendor, 28 years in business, with a history of integrating the dynamics of change. For more information visit www.paperclip.com.

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.

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