Contact:

Rosalie Berg
Strategic Vantage for PaperClip Incorporated
RosalieBerg@StrategicVantage.com
(305) 971-5352

 

PaperClip Incorporated Hires Executive to Grow Penetration in Mortgage Market

July 26, 2005, Hasbrouck Heights, New Jersey - PaperClip Incorporated has hired Mike Salicco as Account Executive for the mortgage industry. He will be in charge of expanding the use of the company's paperless document management, document processing and document delivery solutions in the mortgage brokerage marketplace.

Salicco brings 14 years of mortgage industry experience. Prior to joining PaperClip Incorporated, he served as Vice President for Foxtons Financial. He has also been a Regional Sales Manager for AmeriCredit Financial Services and for Western Financial Bank.

"Mike's diverse experience in the mortgage industry makes him an excellent addition to the PaperClip team. He is just what our company needed to maintain the growth momentum we have been experiencing," explained Mike Bridges, President of PaperClip Incorporated.

About PaperClip Incorporated.

PaperClip Incorporated develops and markets software products that organize, manage and communicate documents, images and workflow for a wide range of users. Established in 1991, PaperClip has a customer base that includes small and mid-size organizations as well as Fortune 1000 multi-nationals. PaperClip markets its products through an international network of authorized PaperClip resellers. For further information, please contact PaperClip at (800) 9293503 or (201) 329-6300, or visit www.PaperClip.com. Public Symbol: PCLP.

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PaperClip and PaperClip32 are registered trademarks of PaperClip Incorporated. All other named products mentioned in this release may have been identified by trademarks or registered trademarks of their respective holder.