Supplier news 11-01

Paragon Corporate Holdings, the parent company of A.B.Dick, has completed its Exchange Offer and Consent Solicitation in respect to its outstanding 95⁄8 percent Series B senior notes that were due in 2008. It helps to reduce outstanding debt and will help improve the balance sheet for A.B.Dick. It amounts to an overall expense reduction of $11 million annually, according to company officials.