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PCLP .13 X.20 FINALLY !!! PaperClip Enters Into Share Exchange Agreement


NEW YORK, NY -- (MARKET WIRE) -- 11/08/06 -- PaperClip Software, Inc. ("PaperCl
p")
(OTCBB: PCLP) announced that it has entered into a Stock Purchase and Share
Exchange Agreement with American Sunrise International, Inc. ("Sunrise"), a
Delaware Corporation, the shareholders of Sunrise, and Jilin Dongsheng
Weiye Science and Technology Co., Ltd ("Jilin"), a limited liability
company of the People's Republic of China.



The stock purchase and share exchange is subject to several conditions to
closing and provides for the acquisition of 100% of the issued and
outstanding capital stock of Sunrise owned by the Sunrise shareholders
which would make Sunrise a wholly owned subsidiary of PaperClip, in
exchange for the issuance of PaperClip common stock and shares of
PaperClip's Series B Convertible Preferred Stock. After the transaction,
the Sunrise shareholders would own 98.7% of PaperClip's common stock.





In connection with the transaction, PaperClip is to convey its business,
assets and liabilities to a wholly owned subsidiary, the shares of which
will be paid as a dividend to the PaperClip shareholders of record as of
November 6, 2006.



American Sunrise International Inc., through its 100%-owned subsidiary,
Jilin Dongsheng Weiye Science and Technology Co., Ltd is engaged in the
development and manufacture of nutritional supplements and personal care
products domestically in China. It sells these products through a network
marketing system of retail outlets in twenty-six provinces throughout
China.



PaperClip Software, Inc. develops and markets software products that
organize and communicate documents, images and data. The Company directly
markets products and services into Insurance, Mortgage and Securities
sectors. The Company distributes its products worldwide through
distributors, value-added resellers and systems integrators with vertical
market experience.



This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance, and underlying assumptions and
other statements that are other than statements of historical facts. These
statements are subject to uncertainties and risks including, but not
limited to, product and service demand and acceptance, changes in
technology, economic conditions, the impact of competition and pricing,
government regulation, and other risks contained in statements filed from
time to time with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether made by or
on behalf of the company, are expressly qualified by the cautionary
statements and any other cautionary statements which may accompany the
forward-looking statements. In addition, the company disclaims any
obligation to update any forward-looking statements to reflect events or
circumstances after the date hereof.



Contact
Bill Weiss
201-525-1221




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