Paid Inc Moves to Boston

Check out the line about being closer to an airport.

BOSTON--(BUSINESS WIRE)--May 30, 2006--Paid Inc. (OTCBB:PAYD) has moved its executive offices, formerly located in Worcester, and another subsidiary office located in Boston into a 5,300 sq. ft. office in Boston's Back Bay area and has retired all remaining long-term debt.
The new Boston office is designed to accommodate Paid's rapid growth within its celebrity services business which provides fan club management, fan club premium ticketing and experience packages, merchandising and fulfillment to entertainment, music and sports celebrities, as well as sports marketing and NFL player agent representation to professional athletes.

The new headquarters allows Paid to consolidate its administrative staff with its K Sports & Entertainment subsidiary and the staffs of its celebrity services and memorabilia authentication businesses that were previously dispersed in separate facilities. The Company is retaining its fulfillment, customer service and AuctionInc(TM) patent-pending ecommerce software operations and staff in its current Brussels Street location in Worcester.

"The new location consolidates our management and creative staff in one location so we can work more effectively as a team in a facility that better accommodates our technical and space needs," said Rich Rotman, Paid, Inc. CFO and COO. "We are now closer to many of our current and potential customers, as well as the airport, and it offers the opportunity for expansion in the future. Furthermore, the move frees up space within our Worcester customer service and fulfillment center that will be used to service our rapidly growing celebrity services and AuctionInc businesses."
Paid's new headquarters address and phone number is:
236 Huntington Avenue, 5th Floor
Boston, MA 02115