MIAMI, Jan. 29 /PRNewswire-FirstCall/ -- The Board of Directors of Quipp, Inc. (NASDAQ:QUIP) has approved a quarterly dividend of $0.05 per share payable on March 3, 2008 to shareholders of record on February 1, 2008. Quipp, Inc., through its operating subsidiary, Quipp Systems Inc., designs, manufactures, and installs material handling 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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