Paid Inc. Contracts Redwood Consultants to Assist with Investor Relations Activities

Paid Inc. Contracts Redwood Consultants to Assist with Investor Relations Activities

WORCESTER, Mass., Dec. 6 /PRNewswire-FirstCall/ -- Paid, Inc. (OTCBB: PAYD) announced today that it has retained Redwood Consultants, LLC to provide investor relations services. A full service investor relations firm headquartered in Bel Marin Keys, California, Redwood Consultants specializes in creating credible awareness of its clients' corporate potential to the financial community through communications with analysts, market makers, institutions, retail stockbrokers and individual investors nationwide.

"We feel Redwood will be a valuable addition to Paid's team as we expand our business into new arenas and appeal to a broader spectrum of investors," said Greg Rotman, Paid, Inc. CEO. "Redwood's extensive expertise, talent and credibility will greatly aid the Company as we execute our business growth strategy. We encourage our existing shareholders and those contemplating investing in Paid Inc. to contact Redwood Consultants at (415) 884-0348."

About Paid, Inc.:

Paid's innovative products and services are utilized in online auction management, ecommerce and web site development and hosting. Using proprietary technology, Paid, Inc. is a respected developer of dynamic, cutting edge celebrity web sites and ecommerce storefronts that attract tens of thousands of visitors daily. Paid's Auction Inc brand auction management and shipping calculation software utilizes Paid's patent-pending process technologies to streamline back-office and shipping processes for online auctions and e- commerce. Paid's Celebrity Services offers a broad array of services to the sports, music and entertainment industries, including fan club management, premium ticket packages, fan experiences, web site development, merchandising and special events management. Paid's Rotman Auction is an eBay Platinum Powerseller that sells thousands of items -- primarily sports, Hollywood and Americana collectibles and memorabilia -- each week on eBay. The company also builds and maintains large database-driven portals across a broad array of industries. The Company's common stock is traded on the Nasdaq OTC Bulletin Board under the symbol PAYD. For further information visit http://www.paid.com/.

Forward Looking Statements:

This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations, projected revenues, expectations about band tours, plans for the AF1 programs, and the anticipated term of the Aerosmith Agreement. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-KSB with the Securities and Exchange Commission.


Source: Paid, Inc.

CONTACT: MEDIA: Julie Shepherd, Accentuate Inc. for Paid Inc., +1-815-
479-1833, Julie@paid.com; or INVESTORS: Jens Dalsgaard, Redwood Consultants,
LLC, +1-415-884-0348, jnsd@aol.com, for Paid

Web site: http://www.paid.com/


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