Gould

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08/10/10

Gould Paper Corporation Forms New Division

Harry E. Gould, Jr., President of Gould Paper Corporation, New York City, announced the establishment of a new division that will focus on specialty papers and materials. Establishing this division coincides with the recent acquisition of 51% of Gould by Japan Pulp and Paper (JPP). The sales of the combined JPP and Gould entity are now in excess of $5 Billion.

Mr. Gould stated, "With the sale of 51% of Gould to JPP, Gould now has increased sources of supply and additional sales offices throughout the world. With the stagnant commodity paper markets, expansion into specialty papers and materials is a logical and integral part of our long term growth strategy in the United States and abroad".

Meyer M. Weiss will head this new division as Senior Vice President, Gould Specialty Papers and Materials. Mr. Weiss, a Pittsburgh, Pennsylvania native, currently resides in Longmeadow, Massachusetts. He is a graduate of the Rochester Institute of Technology, where he served for many years on their prestigious Industry Advisory Group. Mr. Weiss has spent most of his career in the field of specialty papers and materials with such well known companies as Oji Paper Company, Kanzaki Specialty Papers, Tyco and Avery Dennison. Immediately prior to joining Gould, Mr. Weiss was Vice President Digital Imaging for InteliCoat Technologies.

Mr. Gould further stated, "Mr. Weiss is a very knowledgeable and respected participant in the specialty papers field. He brings to Gould a well founded knowledge of specialty papers, its technology, markets and manufacturers. Meyer is a welcome addition to the Gould team where he will be reporting to Bob Weill, President Gould International".

Founded in 1924 and headquartered in New York City, Gould Paper Corporation has revenues approaching $1 Billion and is one of North America's four largest distributors of printing and business papers. Earlier this year, Japan Pulp and Paper purchased a majority ownership position in Gould. With this acquisition, Gould, in concert with JPP, has offices in virtually every major city throughout the world. For more information on Gould, visit our website at www.gouldpaper.com.