PaperClip Declares a Onetime Cash Dividend of .005 Cents a Share

November 10, 2010 HACKENSACK, N.J. PaperClip Inc. announced that its board of directors has declared a onetime cash dividend of $0.005 cents per share on its common stock. The dividend is payable on December 20, 2010 to shareholders of record at the close of business on December 10, 2010.


 

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.

PaperClip empowers companies to efficiently and securely communicate across the Internet, in a straight-through processing model, decreasing the cost and time to process documents by an order of magnitude. The company’s mission is to create electronic document solutions that enable the business document to remain in digital format for its life cycle. Thanks to its cutting-edge line of products and services, today companies can go paperless in a matter of hours.

PaperClip Incorporated has a customer base that ranges from small organizations to Fortune 1,000 multinationals in a wide range of industries, with a concentration in healthcare, insurance, and financial services. Today, PaperClip is poised to become the leading supplier of integrated document management (IDM) and Internet business-to-business (B2B) document delivery solutions focused in the “straight-through processing” market.

 

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