QUIP Quipp (MM)

MIAMI, Jan. 24 /PRNewswire-FirstCall/ -- The Board of Directors of Quipp, Inc. (NASDAQ:QUIP) has approved a quarterly dividend of $0.05 per share payable on March 1, 2007 to shareholders of record on February 1, 2007. Quipp, Inc., through its subsidiaries, Quipp Systems Inc. and Newstec, Inc., designs, manufactures, and installs material handling and packaging systems and equipment to facilitate the automated assembly, bundling, and movement of newspapers from the printing press to the delivery trucks. DATASOURCE: Quipp, Inc. CONTACT: Michael Kady of Quipp, Inc., +1-800-345-9680 Web site: http://www.quipp.com/

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