E-Z Data and PaperClip Software Announce Integrated Solution for Brokerage General Agencies

Integration of PaperClip’s imaging and document management applications with E-Z Data’s pending case management solution streamlines agency workflow

PASADENA, CA, June 3, 2004—E-Z Data, Inc., a leading provider of front-office systems for insurance companies, broker-dealers, general agents, agents, and investment advisors, and PaperClip Software (Nasdaq: PCLP), a leading innovator in the field of integrated document management solutions, today announced integration between PaperClip32 and SmartOffice^® SmartCaseManager. The integrated solution provides a seamless interface between the two offerings to streamline workflows for both case managers and agency personnel who use these solutions.

Many of today’s leading Brokerage General Agencies (BGAs) use E-Z Data’s SmartOffice solution to effectively manage their agencies and help grow revenue. To ensure compliance and run their businesses effectively, they must have a reliable method for document management and tracking. Advanced imaging software supports the document management process, making it possible to streamline traditionally paper-intensive business processes and create a virtually paperless environment. By integrating this valuable functionality from PaperClip32 with the SmartOffice application, PaperClip Software and E-Z Data have provided users with the combined benefits of the two applications – all from within the SmartOffice interface.

"E-Z Data’s commitment to the BGA market is clear to us, and the strength of the SmartOffice for Agency Management solution made them an ideal partner for delivering this type of integrated solution," said Mike Bridges, President of PaperClip Software. "Together we are helping BGAs build more efficient business processes, accelerate application processing, and ensure compliance.”

"PaperClip’s ability to support straight-through processing for the insurance industry has the power to transform the way BGAs do business," said Dale Okuno, President and Chief Executive Officer at E-Z Data. "With seamless access to PaperClip32’s innovative document imaging and exchange capabilities, SmartOffice users can now achieve even greater efficiencies with the solution.”

About PaperClip Software, Inc.
PaperClip Software develops and markets software products that organize, manage and communicate documents, images, and workflow for a wide range of users. Established in 1991, PaperClip boasts 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.

About E-Z Data, Inc.
Leading financial services organizations and top financial advisors worldwide rely on E-Z Data’s practice management, agency management, and CRM solutions to systematize proactive, hi-touch communication with clients, increase sales, and reduce operational costs. E-Z Data solutions are used by more than a quarter million financial services professionals and industry-leading firms including HSBC, M Financial, MetLife, National Financial Partners, ProEquities, Prudential, Royal Alliance, and Securian. For more information about E-Z Data’s solutions, go to www.ezdata.com or call 800-777-9188.

Contacts:

CaroleAnne Hardy
E-Z Data, Inc.
caroleanne@ez-data.com
626-585-3505