Hole punch and compressor with alignment member

A multifunction paper punch-compressor device for use with a multi-prong paper binder having a generally planar portion affixable to a backing support and a pair of spaced apart bendable prongs extending from opposite ends of the planar portion, the prongs being freely bendable to form a retainer for papers, said paper punch-compressor device comprising:

• a) a first elongated member having two first legs extending on both sides of a central line, the first elongate member having at least two spaced apart apertures on both sides of the central line;
• b) a second elongated member having two second legs extending on both sides of the central line, the second elongated member having at least two spaced part apertures on both sides of the central line, said first legs and said second legs being pivotally and resiliently joined, the first and second elongated members having a relaxed state where said first and second elongated members define a gap therebetween at said apertures and a compressed state where said first and second elongated members are in at least partial contact, said apertures of said first and second elongated members being substantially co-axially aligned;
• c) a plurality of hole punches formed on said first and second elongated members around said apertures, and configured to punch holes in the papers when said first and second elongated members are in the compressed state;
• wherein said apertures on the first and second elongated members are spaced apart at a predetermined distance to receive said prongs,
• wherein the device provides a dual function as a compression plate and a hole punch, when the device functions as a hole punch, the device punches holes in the papers, when the device functions as a compression plate, said prongs extend through the apertures on the first and second elongated members and the punched holes on the papers, and are folded generally parallel to said first and second elongated members to compress the papers confined between the multi-prong binder;
• d) an alignment arm extending from said first elongated member generally along an axis passing through said apertures on the first elongated member and from one side of a leg of said first elongated member, said alignment arm having a generally planar surface and being bounded by at least one sidewall extending generally orthogonally from said planar surface so that the papers are aligned against said side wall prior to punching to receive holes in a predetermined location, said second elongated member being shorter than said alignment arm so as to allow a user to easily see the position of the papers with respect to the alignment arm without occlusion.