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Daniel Mcglaughlin of Equifax Is New American Business
Products Director
Board Declares Regular Quarterly Dividend
ATLANTA, July 24, 1996 -- American Business Products, Inc. (NYSE: ABP) (ABP) today announced that Daniel W. McGlaughlin, President and Chief Executive Officer of Equifax Inc. (NYSE: EFX), has been appointed to the ABP Board of Directors.
Mr. McGlaughlin, 59, succeeds Herbert J. Dickson, former Chairman of Fortune Financial Services, who retired.
"We are very pleased to have Dan McGlaughlin join the ABP Board, bringing his keen insights and breadth of experience," said Robert W. Gundeck, President and Chief Executive Officer of ABP.
Mr. McGlaughlin joined Equifax in 1989 as Senior Vice President, Information Technology; advanced to Executive Vice President in 1991, President and Chief Operating Officer in 1993, and President and Chief Executive Officer on January 1, 1996. He previously was Vice President of General Electric Corporation and had more than 20 years prior experience with IBM.
The ABP Board today declared a regular quarterly dividend of $.145 per share of Common Stock, payable September 15 to shareholders of record September 1.
American Business Products, Inc., a multibusiness corporation, is a leading manufacturer and supplier of business supplies printing, book printing and specialty extrusion coating. ABP's operating companies, their products and services are: Curtis 1000 Inc., envelopes, labels and forms; Vanier, information management systems products; BookCrafters USA, Inc., book printing, binding and distribution; International Envelope Company, Tyvek and other specialty envelopes and filing systems; JenCoat, Inc., extrus
ion coating; and Discount Labels, Inc. customized labels. ABP is a joint venture partner in Curtis 1000 Europe with facilities in Germany, England, Luxembourg and Poland.