Sales OnLine Direct Shareholders Approve Name Change, Additional Proposals WORCESTER, Mass., Nov. 5 /PRNewswire-FirstCall/ -- Sales OnLine Direct, Inc. (BULLETIN BOARD: PAID) today announced the final voting results of its recent consent solicitation of it shareholders. Shareholders have approved all three proposals that were presented to them by voting a majority of all outstanding shares in favor of each proposal. The Company's shareholders overwhelmingly approved a proposal to change the name of the Company by a vote of 99% consenting and less than 1% withholding consent or abstaining. The Company's shareholders also overwhelmingly approved a proposal to give the Company's Board of Directors discretion during the next 12 months to effect a reverse stock split on a 1 for 6 basis. Over 91% of the shareholders who voted consented to the proposal, with approximately 9% either withholding consent or abstaining. The Board of Directors has not yet determined when, and whether, to effect the reverse stock split. The Company's shareholders also approved the Company's 2002 Stock Option Plan. Shareholders who voted approved the option plan by a vote of approximately 92% to 8%. "We are very pleased to have shareholder participation on these strategic activities for the Company," stated Greg Rotman, CEO of Sales OnLine Direct. "We are grateful to our shareholders for their continued support." Details of the implementation of the proposals will be disclosed to shareholders according to SEC regulations. Shareholders are encouraged to check the http://www.paid.com/ web site for information. About Sales OnLine Direct and Rotman Auction Sales OnLine Direct, http://www.paid.com/, maintains and develops portals and web sites for various companies and industries. The Company has focused its efforts on the antique and collectible industry, offering the "Ask the Appraiser" online appraisal service, marketing and publishing the "Maloney's Antiques and Collectibles Resource Directory" and developing web sites that enhance the user's experience. Through web hosting and managed services, Sales OnLine Direct has provided e-business solutions to many different companies including their own Rotman Auction division. This division sells tens of thousands of items per year through auction, direct sales, and special events and is a certified eBay Platinum Power Seller. The Company has developed its patent pending "AI Suite" (http://www.auctioninc.com/) of software to increase revenues and reduce overhead for sellers on eBay, and offers these essential e-tools to other companies. Through recent initiatives, Sales OnLine Direct is establishing itself as one of the most important collectibles portals, and online auction services and technology providers to the collectibles industry. The Company's common stock is traded on the Nasdaq OTC Bulletin Board under the symbol "PAID." Contact: Media Contact: Julie Shepherd, Accentuate PR, (815) 479-1833, Investor Contact, Dennis Evanson, (719) 534-0292, Safe Harbor 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 financing and the Company's operations. 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, including without limitation, successful implementation of the Company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. 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 and 8K with the Securities and Exchange Commission. DATASOURCE: Sales OnLine Direct, Inc. CONTACT: Julie Shepherd of Accentuate PR, +1-815-479-1833, ; or Dennis Evanson of Sales OnLine Direct, +1-719-534-0292, Web site: http://www.paid.com/

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