SANTA MONICA, Calif. – February 22, 2000 –™ (Nasdaq: STMP) today announced that Chris Hylen, Senior Vice President of Marketing, has left the company to pursue other career opportunities.

“The marketing organization at has accomplished a great deal since Chris joined the company,” said Smith. “We have a solid start to our customer franchise, a wonderful group of senior marketing managers and a very talented marketing staff. Chris contributed much to this positive situation. We are sorry to see him leave but wish him luck in all his future endeavors.”


Founded in 1996, Santa Monica-based 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 America Online, Hewlett-Packard, IBM, Microsoft, Office Depot, and 3M, has tremendous reach into the small office/home office and consumer markets. More information about the company can be found at


“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, including its Form 10-Q for the quarter ended September 30, 1999 and its registration statement on Form S-4, as amended, that was filed with the SEC on January 7, 2000. undertakes no obligation to release publicly any revisions to any forward looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Internet Postage, and the logo are trademarks of Inc. All other brands and names are property of their respective owners.