Pacon Corporation Announces Acquisition of Riverside Paper Corporation

Pacon Corporation / Appleton, WI finalized the purchase of Riverside Paper Corporation’s paper converting operations located in Mount Pleasant, Iowa on June 29, 2007. The purchase will position Pacon as the brand leader in the Educational market for art and specialty papers.

Jim Schmitz, President and CEO of Pacon stated “This acquisition is a big step in fulfilling the vision of our late founder Jerry Van Hoof to become the leading supplier of converted paper products to the School and Office Products market.”

This purchase completes the sixth acquisition in 8 years and the Company has realized top lines sales growth of over 500%. Pacon currently operates facilities in Neenah, WI and Appleton, WI employing 280 full time employees and 70 seasonal summer employees.

Pacon Corporation is a manufacturer, converter and supplier of Paper Products, Educational Aids and Arts & Crafts Products and markets its products world-wide. Pacon is a member of The Van Hoof Companies, which includes Strathmore Artist Papers™, Bemiss-Jason Display Division, Warehouse Specialists, Inc. and Superior Specialties, Inc.