PaperClip's President D. Michael Bridges Talks to the Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 13, 2000 The Wall Street Transcript has published an in-depth interview with D. Michael Bridges Michael Bridges (born August 5, 1978 in North Shields) is an English football centre-forward whose career has been severely blighted by injuries. He currently plays for Sydney FC, on loan from Hull City. , President of PaperClip (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PCLP PCLP Principal Certified Lotus Professional PCLP Premier Certified Lender Program PCLP Pinellas County Licensed Providers (child care providers; Florida) PCLP Personal Computer Lan Program ), in which he talks at length about the company's future. The entire 1,800-word interview is available free online at http://www.twst.com/ceos.htm Bridges gives an overview of the company. "PaperClip Software was founded in 1991 as a document management software company. In September 1995 the company went public with the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors PCLP. The proceeds from the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. enabled continuing development of the software product line and expansion of our marketing and sales force. Currently PaperClip focuses on solving the problems of managing physical paper and its transformation into the e-commerce sector. We have produced a suite of Windows applications A program that is written to run under Microsoft's Windows operating system. Such applications typically run under all 32-bit versions of Windows, but earlier applications might also run under the 16-bit versions (Windows 3.x) as well. See Windows. focused on document management, with a secured document delivery service over the Internet known as Internet Express Internet Express - An Internet provider in Colorado Springs, USA. Formerly called the Community News Service. They provide SLIP accounts at no extra charge. . PaperClip provides both products and services." Bridges explains, "PaperClip's products are horizontal and therefore are installed throughout almost every industry. We have seen great success when our VARs focus on a targeted community. For example, PaperClip is installed in 23 out of 24 county governments in the State of Idaho. Law enforcement and transportation are also major opportunities for us. On a direct sales effort, we've focused on several industries, such as life insurance, property and casualty insurance, and mortgage banking. We targeted these three industries because they are paper-intensive industries." Looking forward, Bridges states, "We set several goals for 2001. The first is to double our revenues. The second is the addition of 35 new, revenue-producing VARs, and to expand our subscription base of customers for the Internet Express service to 200. Thirdly, we are seeking to secure three strategic partnership relationships." This interview is part of a 171-page Internet Software Industry Issue available at http://www.twst.com/info/info212.htm or by calling 212/952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask PaperClip (or any public company) a question at http://www.qawire.com The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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