EXHIBIT 99.1
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FOR: PARAGON TECHNOLOGIES, INC.
CONTACTS: Bill Johnson, CEO
610-252-3205
610-250-9677 (fax)
www.sihs.com
PORTFOLIO PR Paul Holm/Sheldon Lutch
CONTACTS: 212-736-9224
[email protected] / [email protected]
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PARAGON TECHNOLOGIES, INC. SETS ANNUAL MEETING DATE
EASTON, PA, January 12, 2001 -- Paragon Technologies, Inc. [AMEX:PTG], a leading
deliverer of "smart" materials handling systems, including systems,
technologies, products, and services, today announced that its next Annual
Meeting of Shareholders will take place on Thursday, June 21, 2001. A specific
meeting site will be communicated to shareholders in the proxy materials
distributed for the Annual Meeting of Shareholders. Shareholder proposals must
be received prior to February 12, 2001 in order to be considered for inclusion
in the Company's proxy statement under relevant Securities and Exchange
Commission rules, prior to May 3, 2001 in order to be considered at the Annual
Meeting of Shareholders, or prior to April 23, 2001 to nominate a Director under
Paragon Technologies' Bylaws
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and
creating automated solutions for material flow applications. SI Systems' core
systems capability is horizontal transportation and rapid dispensing. Ermanco is
a pioneer in designing, manufacturing, and integrating conveyors and conveyor
systems. One of the top material handling systems suppliers worldwide and ISO
9001 certified, Paragon's leading clients include General Motors, IBM, BMG,
Daimler Chrysler, Johnson & Johnson, Webvan, the U.S. Postal Service, Ford,
Peterbilt, Harley-Davidson, McKesson, Walgreens, and Clark Equipment.
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242 West 30th Street o 9th floor o New York NY 10001
Tel: 212-736-9224 o Fax: 212-736-9008
[email protected]
This press release and prior releases are available at
www.sihs.com and www.portfoliopr.com.