QUIPP AWARDED CONTRACT BY THE NEW YORK TIMES

MIAMI, Aug. 10 /PRNewswire/ -- Quipp, Inc. (Nasdaq-NNM: QUIP) announced that it has received a $2.5 million order from the New York Times for delivery of equipment to the Times College Point facility.

The order is for a number of Quipp Series 350 Stackers and Quipp-Wrap machines to be delivered from November 1995, through September 1996.

Last week Quipp reported record earnings for its second quarter and six months ending June 30, 1995.

Quipp, Inc. is a Miami based manufacturer of material handling systems for the newspaper industry.

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/NOTE TO EDITORS: Other Quipp, Inc. press releases are available at no charge through PR Newswire's Company News On-Call fax service and on PRN's Web site. For a menu of Quipp, Inc. press releases or to retrieve a specific release, call 800-758-5804, ext. 735093, or http://www.prnewswire.com on the Internet/

/CONTACT: John Green, Quipp, 305-623-8700/

(QUIP)

CO: Quipp, Inc.; The New York Times ST: Florida IN: SU: CON

RK-JH -- FL007 -- 3701 08/10/95 14:44 EDT