Ryan & Maniskas, LLP Announces Investigation of MOD-PAC Corp.

  Ryan & Maniskas, LLP Announces Investigation of MOD-PAC Corp.

Business Wire

WAYNE, Pa. -- October 31, 2012

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mpac) is investigating
potential claims against the board of directors of MOD-PAC Corp. (“MOD-PAC” or
the “Company”) (NASDAQ: MPAC) for possible breaches of fiduciary duty and
other violations of state law in connection with a going private proposal from
Daniel G. Keane, the Company’s President and CEO, and Chairman Kevin T. Keane.

Our investigation concerns the Company’s board of directors’ process for
consideration of the proposed transaction, whether MOD-PAC is acting in its
shareholders’ best interests and whether the proposed consideration to be paid
to MOD-PAC shareholders would be fair and adequate. For more information
regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A.
Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/mpac

Under the terms of the proposal, MOD-PAC shareholders would receive $7.20 in
cash per MOD-PAC share held at the time of the transaction.

If you own shares of MOD-PAC and would like to learn more about these claims
or if you wish to discuss these matters and have any questions concerning this
announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at
(877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/mpac. You
may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
nationwide.

Contact:

Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
877-316-3218
rmaniskas@rmclasslaw.com
www.rmclasslaw.com/cases/mpac