STAMPS.COM ANNOUNCES PARTNERSHIP WITH 3M
Also unveils details of alliances with ZDNet and Lotus
Santa Monica, Calif. – September 30, 1999 – Stamps.com™, the leader in Internet Postage (Nasdaq: STMP), today announced a new partnership with 3M (NYSE:MMM) and unveiled details of its alliances with ZDNet (NYSE: ZDZ) and Lotus Development Corp, the developers of Lotus Organizer, an industry-leading Personal Information Manager. Together the three partnerships continue to expand access to Stamps.com online service among small businesses and consumers.
Stamps.com harnesses the power of the Internet to allow consumers to print postage using only a computer, printer and Internet connection. With Stamps.com’s convenient, secure and cost-effective service, customers will never have to rush to the post office again. Since receiving regulatory approval on August 9, approximately 100,000 users have pre-registered for Stamps.com’s Internet Postage service.
“Stamps.com is well on its way to transforming the way postage is handled in the small office / home office (SOHO) business environment. Relationships with such consumer mainstays like 3M, Lotus and ZDNet positions the Stamps.com service as an easily accessible and trusted resource for simplifying and enhancing the everyday work life of SOHO users,” said Bonnie Brooks, principal analyst, Creative Strategies. “As the Internet Postage space continues to explode, partnerships with companies whose businesses directly target the SOHO user are going to be essential for the success of key online postage players.”
Together these partnerships mean that SOHO users and consumers:
Can easily find Stamps.com in 3M’s stationery products after January 2000.
Can use Stamps.com’s service through a Smart Icon on the Lotus Organizer Release 6 toolbar. Lotus Organizer is used by the more than 42 million users worldwide.
Will be able to access Stamps.com’s service throughout the ZDNet (www.zdnet.com) network, which has over 8.5 million monthly visitors.
“Stamps.com is committed to building a service that allows customers to conveniently, securely and cost-effectively buy and apply postage online,” said Stamps.com CEO John Payne. “By teaming with companies that SOHO users everywhere trust for their daily business needs, Stamps.com has joined the ranks of other office necessities dedicated to simplifying the work life of small businesses.”
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 Microsoft, America Online, Quicken.com and Office Depot, Stamps.com has tremendous reach into the small office/home office and consumer markets. More information about the company can be found at sdcmainprod.wpengine.com.
“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.