Paradise, Inc. announced that the Company's Board of Directors approved the Third Distribution in the aggregate amount of $5,196,000, or $10.00 per share. The Third Distribution will be paid on or after September 29, 2020 to shareholders of record as of the close of business on September 28, 2020. The Company expects to follow the same payment procedures as for the prior two distributions. A shareholder holding shares of the Company's common stock in "street name" should contact his or her brokerage firm, bank, trust or other nominee for details on how payment will be made.