Paid Inc. Sports Agent Kristen Kuliga Secures Deals for Nine Players, Captures National Spotlight

Paid Inc. Sports Agent Kristen Kuliga Secures Deals for Nine Players, Captures National Spotlight

WORCESTER, Mass., Aug. 16 /PRNewswire-FirstCall/ -- Paid, Inc. (OTC Bulletin Board: PAYD) today announced that Kristen Kuliga, VP of its booming Celebrity Services division, recently secured nine NFL team contract deals on behalf of NFL players.

Ms. Kuliga, one of the only active female player agents in the NFL and the first woman to negotiate a multimillion-dollar contract for an NFL quarterback, was profiled on ESPN News' Hot Seat on August 2 and ESPN.com in June (http://sports.espn.go.com/espn/sportsbusiness/news/story?id=2079652). Her most recent deals for players she represents include:

* Doug Flutie -- New England Patriots Back-Up Quarterback. After Flutie was released by the San Diego Chargers in March, Kuliga sealed a deal in April to bring the perennial fan favorite back to the Pats, where he played earlier in his career. A native New Englander, Flutie won the Heisman Trophy at Boston College in 1984. Kuliga had negotiated Flutie's $33 million contract with the Chargers following his release from the Buffalo Bills in 2001. Restructuring of the deal during several of the subsequent four years made Flutie the NFL's highest-paid backup quarterback.

* Ben Graham -- New York Jets Punter. After Kuliga was referred to and contacted by Graham's Australian agent in the Fall of 2004, Kuliga negotiated Graham's contract with the Jets in January of 2005. Graham was a star in the Australian Football League where he retired after a successful career with the Geelong Cats last year. Graham played in 219 games -- about 1 percent of AFL players reach the 200-game milestone -- and captained Geelong for three seasons. He was known for having one of the strongest legs in the league, with his longest kick traveling about 95 yards.

* Patrick Pass -- New England Patriots Running Back. Pass was an unrestricted free agent who entertained potential opportunities with other teams but decided to stay with the Patriots. Pass was the Pats' top receiving threat out of the backfield in 2004, leading all New England backs with 28 receptions. He is the team's all-time leading kickoff returner in the playoffs. Pass hired Kuliga in March 2004.

* JR Redmond -- Arizona Cardinals Running Back. Redmond played with the Oakland Raiders and the New England Patriots before Kuliga negotiated his signing with the Cardinals in July. Last year Redmond played in all 16 games for the Raiders and proved himself as one of the most versatile backs on the team, playing at Running Back and Full Back as well as returning kicks. He rushed six times for a team-high of 50 yards with a long of 18 and caught one pass for five yards.

* Omar Easy -- Oakland Raiders Full Back. Easy, known as a strong overall athlete with sharp instincts who runs low and changes directions well, signed with the Raiders in June. He had appeared in 37 games for the Kansas City Chiefs in three seasons and had four rushing attempts for one yard, six receptions for 42 yards, one touchdown and 11 special-team tackles.

* Brandon Winey -- New York Giants Offensive Tackle. Winey hired Kuliga in August 2004. Kuliga had secured him a one year deal last year with the Giants when he was released by the Washington Redskins and negotiated another one year deal for him in March.

* Jonathan "McKenzi" Smith -- Kansas City Chiefs Running Back. After selecting Kuliga as his agent in January '05, Smith was signed by the Kansas City Chiefs and allocated to NFL Europe (NFLEL) to the Amsterdam Admirals, where he was ranked as the #3 Running Back in yards for the league. He was named NFL Europe Co-Offensive Player of the Week after a 48-10 win v. Frankfort in May and registered an 18-yard touch down run in the Admirals' 27-21 victory in World Bowl XIII v. Berlin in June. He was honored as Most Valuable Player after rushing 133 yards and a touch down against the Berlin Thunder. Smith carried the ball 15 times and had a key 56-yard TD run enroute to the 31-27 victory.

* Antwan Harris -- Cleveland Browns Defensive Back. Harris, who had signed with New England Patriots during the playoffs last year, signed with the Browns on August 4, with both deals negotiated by Kuliga after she became his agent in November 2004. Harris played 52 games and three playoff games for the Patriots from 2000-03. He made two key plays in New England's drive to its 2002 Super Bowl title. He scored on a lateral following a blocked field goal in an AFC Championship game win over Pittsburgh, then forced a fumble that led to a TD in the Super Bowl against St. Louis.

* Alfred Fincher -- New Orleans Saints Inside Linebacker. Just weeks after hiring Kuliga to represent him in July, signed with the Saints. Fincher was a 3rd round draft pick out of the University of Connecticut, where he recorded 12 tackles per game last season. An All-Big East Conference selection, Fincher was a three-year starter at UConn and a defensive leader on the 2004 team that went 8-4 and defeated Toledo 39-10 in the Motor City Bowl.

This recent round of deals negotiated by Kuliga, worth nearly $6 million, are the latest examples of her unswerving successes for clients.

Prior to joining Paid, Inc., Ms. Kuliga was principal of K Sports & Entertainment, a sports marketing and event management firm that was acquired by Paid, Inc., and already had become one of the most respected agents in the industry.

"We had high expectations for Kristen when she joined our team," said Greg Rotman, CEO of Paid, Inc., who scored an industry coup when he brought Kuliga on board in the Fall of 2004 to grow the firm's Celebrity Services division. "She has exceeded our expectations by doing a tremendous job in continuing to represent NFL players while dramatically growing our Celebrity Service division," he said.

Kuliga credits Paid, Inc. for supporting her trademark work ethic -- build an honest relationship with clients and advocate tirelessly for players, their families and their communities -- for her successes. She also is grateful for recruiting assistance from Justin Foster, Paid, Inc. Celebrity Services' director of football operations.

Kuliga represents 12 total NFL players -- more than any other woman and provides sports marketing services to several athletes as well. She has negotiated complex sponsorship and endorsement contracts and also manages events for NFL players and corporations. In the entertainment marketplace, Kristen oversees Paid Celebrity Services and helped to secure the Aerosmith contract to manage its fan community programs and fan club ticketing offerings.

In addition to opening K Sports & Entertainment, her experience prior to joining Paid, Inc., includes serving as General Counsel and VP of Athlete Marketing at Woolf Associates, a full-service sports management and marketing firm. She is a cum laude graduate of both the University of Massachusetts at Amherst and Suffolk University Law School.

About Paid, Inc.:

Paid, Inc. provides services to celebrities and sports figures, including hosting and management of official web sites and fan-club services. Paid, Inc.'s Celebrity Services offer famous people official web sites and fan-club services including e-commerce storefronts, articles, polls, message boards, contests, biographies and custom features to attract tens of thousands of visitors daily. The Company also sponsors autograph signing events and other sports marketing services for sports clientele. Using proprietary technology, Paid's innovative products and services are utilized in online auction management, ecommerce and web site development and hosting. Paid's AuctionInc 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. 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 and expectations regarding their activities with celebrities and athletes. 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.

CONTACTS:

MEDIA: Julie Shepherd, Accentuate Inc., 815 479 1833, Julie@paid.com

Source: Paid Inc.

CONTACT: Julie Shepherd, Accentuate Inc., +1-815-479-1833, Julie@paid.com, for Paid Inc.

Web site: http://www.paid.com/ http://sports.espn.go.com/espn/sportsbusiness/news/story?id=2079652

------- Profile: Ent