NETWORK IV LLC

                                                                       Exhibit 1
                                                                       ---------

                                    AGREEMENT

         The undersigned hereby agree that this statement on Schedule 13D with
respect to the beneficial ownership of shares of Common Stock of Quipp, Inc. is
filed jointly, on behalf of each of them.

Dated:   January 8,1998

                             /s/ Xxxx X. Xxxxxx
                             -------------------------------
                                 Xxxx X. Xxxxxx

                             NETWORK FUND III, LTD.

                             By: XXXXXX MANAGEMENT COMPANY,
                                 Investment Advisor

                                 By: /s/ Xxxx X. Xxxxxx
                                     -----------------------
                                     Name:  Xxxx X. Xxxxxx
                                     Title: President

                             NETWORK IV LLC

                             By: XXXXXX MANAGEMENT COMPANY,
                                 Investment Advisor

                                 By: /s/ Xxxx X. Xxxxxx
                                     -----------------------
                                     Name:  Xxxx X. Xxxxxx
                                     Title: President

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