PaperClip Incorporated

November 10, 2010 HACKENSACK, N.J. PaperClip Inc. announced that its board of directors has declared a onetime cash dividend of $0.005 cents per share on its common stock.

The dividend is payable on December 20, 2010 to shareholders of record at the close of business on December 10, 2010.

About PaperClip, Inc.

Established in 1991, PaperClip Incorporated develops and markets products and services that enable effective communications within a company and with third parties. Through innovative solutions, PaperClip helps customers solve operational problems and reduce overhead associated with the capture, management, transmission, and storage of paper, images, faxes and reports. For more info: www.paperclip.com.

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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.