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| IBM Selects Stamps.com as Internet Postage Provider IBM Aptiva and ThinkPad Owners Can Access Stamps.com Internet Postage Service in Just a Click SANTA MONICA, Calif. - October 12, 1999 - Stamps.com™ (NASDAQ: STMP), the leader in Internet Postage™, and International Business Machines (IBM), a leading manufacturer and developer of hardware and software solutions (NYSE: IBM) today announced a marketing and distribution alliance that will bring Stamps.com service to over one million customers who are members of the IBM Owner Privileges Program, a unique membership program for IBM Aptiva PC and Thinkpad i Series system owners. Already approved by the U.S. Postal Service, Stamps.com harnesses the power of the Internet to allow consumers to print postage any time of the day or night using only a computer, printer and Internet connection. With Stamps.com's convenient, secure and cost-effective service, customers will never have to wait in line at the post office again. IBM Owner Privileges helps individuals take advantage of the breadth of IBM's and its partner's technology by keeping them linked and connected to the information and products they need for a productive and easy computing experience. Stamps.com will be featured on the Owner Privileges Web site as a free download, bringing Aptiva and ThinkPad i Series owners the convenience and security of Stamps.com Internet Postage. IBM Owner Privileges and Stamps.com will also proactively inform IBM Owner Privilege members of Stamps.com's easy, convenient and cost-effective Internet Postage™ service via direct email and other forms of direct marketing. "This alliance provides Stamps.com with direct access to potential Small Office and Home Office customers," said Stamps.com CEO John Payne. "IBM has consistently demonstrated its commitment to customers by providing convenient and reliable products and services, and Stamps.com is pleased to offer IBM customers our online postage service." "The Stamps.com service enables us to continue to meet the needs of our SOHO and unique, individual customers by delivering products and services that respond to their individual lifestyles. The combination of IBM PCs and innovative services like Stamps.com provides our members with a new level of convenience and productivity which we feel will be a valuable service to our Owner Privileges members," said Marianne Jacobs, program director, IBM Owner Privileges. "IBM is committed to providing connected solutions to its customers to meet the demands of work and home computing lifestyles; with Stamps.com, we have a partner that shares that commitment." More information about IBM's Owner Privileges program can be obtained through the Web site located at http://www.ibm.com/pc/us/privileges or by calling 1-888-PRIVILEGES. About Stamps.com Founded in 1996, Santa Monica-based Stamps.com is the only commercially approved true Internet Postage service. The company's innovative technology eliminates the need for specialized hardware by giving customers the flexibility to print postage over the Internet - securely, accurately and fast. Through partnerships with major companies like 3M, America Online, Microsoft, Office Depot and Quicken.com, Stamps.com has tremendous reach into the small office/home office and consumer markets. More information about the company can be found at www.stamps.com. About IBM IBM is a leading manufacturer and developer of hardware and software solutions for the home. IBM's consumer products have been widely recognized for technology innovation and product design. These products include the Aptiva® and ThinkPad® i Series family of personal computers, Consumer Options and Solutions, the upcoming BRAIN QUEST™ brand of entertainment and educational software products, the Crayola® family of software, the Edmark® brand of educational software and IBM reference software products including the World Book® Multimedia Encyclopedia. For information on current product offerings visit http://www.ibm.com/pc/athome or call (800) 320-8377.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties. Important factors, which could cause actual results to differ materially from those in the forward-looking statements are detailed in filings with the Securities and Exchange Commission, made from time to time by Stamps.com, including its Form 10-Q for the quarter ended June 30, 1999, and Stamps.com's prospectus, related to its initial public offering, that was filed with the SEC on June 25, 1999.
Internet Postage, Stamps.com and the Stamps.com logo are trademarks of Stamps.com Inc. All other brands and names are property of their respective owners.
IBM, Aptiva, ThinkPad and Owner Privileges are trademarks of International Business Machines Corporation.
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