SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 11, 1997
PaperClip Software, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-26598 (Commission File Number)
22-313-7907(IRS Employer Identification Number)
Three University Plaza, Hackensack, New Jersey 07601
Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (201) 487-3503
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
On March 13, 1997, PaperClip Software, Inc. issued the press release
(the "Press Release") attached as an exhibit hereto. The Press Release
is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press Release of PaperClip
Software, Inc., dated March 13, 1997.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
PAPERCLIP SOFTWARE, INC.
By:/s/ William Weiss
Name: William Weiss
Title: Chief Executive Officer
Date: March 13, 1997
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INDEX TO EXHIBITS
Exhibit Page
No. No.
99.1 Press Release of PaperClip 5
Software, Inc.,dated March 13, 1997
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PAPERCLIP SOFTWARE, INC.
FOR IMMEDIATE RELEASE
Contact: William Weiss
(201) 487-3503
PAPERCLIP SOFTWARE, INC. ANNOUNCES DELETION OF ITS SECURITIES
FROM THE NASDAQ SMALLCAP MARKET
EFFECTIVE MARCH 11, 1997
HACKENSACK, N.J., March 13, 1997 -- PaperClip Software, Inc. (the "Company")
announced today that as of March 11, 1997, its securities have been deleted
from The Nasdaq SmallCap Market due to the Company's failure to comply with
minimum asset and capital surplus requirements established by Nasdaq.
The Company's securities will be quoted on the OTC Bulletin Board.
This press release contains forward-looking statements which are based upon
current expectations and involve a number of uncertainties
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