COREL, EFAX.COM AND BIGSTEP.COM SELECT STAMPS.COM AS THE LEADING INTERNET POSTAGE(TM) SOLUTION FOR THEIR SMALL BUSINESS CUSTOMERS

Fastest Growing Internet Postage Company Expands Reach To Small Business Audience Through Software Bundling, Web Links And Other Joint Marketing Programs

SANTA MONICA, Calif. – February 28, 2000 – Stamps.com (Nasdaq: STMP), the fastest growing Internet mailing and shipping service, today announced new alliances with Corel (Nasdaq: CORL, TSE: COR), eFax.com® (NASDAQ: EFAX), and Bigstep.com that will extend the reach of its software-only Internet Postage solution to the small business market. Stamps.com’s service will be jointly marketed and distributed by each partner, including an exclusive bundling relationship with Corel’s WordPerfect® Office 2000 Small Business Edition which offers a comprehensive solution for small business users.

“These alliances mark another major step in making our Internet Postage and
shipping services a mainstay in small business offices worldwide,” said Robert Pickell, vice president of partner marketing for Stamps.com. “Through these initiatives, we are leveraging the strengths of our partners to reach millions of new potential customers.”

With more than 100,000 customers to date, Stamps.com does not require the purchase of an additional hardware device, such as a meter, electronic vault or dongle. With just an online connection, computer and printer, Stamps.com customers are able to leverage the Internet to give them immediate access to purchase and print postage right from their desktop. Stamps.com has customer support analysts available 24 hours a day, seven days a week in order to provide exceptional customer service around the clock.

Details of new Stamps.com partnerships include:

  • Corel: As the exclusive provider of Internet Postage for Corel, Stamps.com Internet Postage is now available as a standard installation option in WordPerfect Office 2000 and as an instant download on the Corel Website (www.corel.com). By teaming up with Corel, the number one word processing solution in the legal field, Stamps.com is reaching an important small business audience.

  • eFax.com: By teaming up with eFax.com, a leading provider of Internet communication services, Stamps.com’s Internet Postage will be accessible by the end of the first quarter 2000 in the eFax Mall (http://mall.efax.com). Stamps.com will be promoted in the eFax newsletter reaching more than a million customers.

  • Bigstep.com: Award-winning, e-business partner to both small businesses moving online as well as the preferred partner to other best-of-breed small business services, Bigstep.com has entered into a mutual co-branded agreement with Stamps.com. Bigstep.com customers now have easy access to Stamp.com’s Internet Postage Services for all their postage needs at http://www.bigstep.com/stamps. In addition, Stamp.com customers have direct access to Bigstep.com’s free, integrated e-business services to create their own company Web site, communicate with customers, take credit card orders, market their site and more.

About Stamps.com

Founded in 1996, Santa Monica-based Stamps.com is the leading provider of Internet-based mailing and shipping services. Its highly secure Internet Postage service was approved by the US Postal Service in August of 1999 after an exhaustive 2-year regulatory evaluation and field beta test. The company’s innovative technology eliminates the need for specialized postage metering 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, Intuit and 3M, 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.

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“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, including Stamps.com’s ability to expand its product and service offerings, could cause actual results to differ materially from those in the forward-looking statement and, 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 September 30, 1999 and its registration statement on Form S-4, as amended, that was declared effective by the SEC on February 14, 2000. Stamps.com 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, Stamps.com and the Stamps.com logo are trademarks of Stamps.com Inc. All other brands and names are property of their respective owners.