Contact:

William Weiss
CFO/CEO
PaperClip Incorporated.
William Weiss
201-329-6300 ext 102

   

PaperClip Incorporated Extends IPO Warrants

The board of directors of PaperClip Incorporated voted on August 3rd, 2000 to extend the expiration date of its CLASS A Warrants CUSIP# 69882113 untill August 9th, 2001.

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.