STAMPS.COM NAMES SENIOR CANON EXECUTIVE AS EXECUTIVE VICE PRESIDENT AND GENERAL MANAGER OF RAPIDLY GROWING SMALL BUSINESS UNIT

SANTA MONICA, Calif. – April 11, 2000 – Stamps.com™ (Nasdaq: STMP), the leading provider of Internet mailing and shipping services, today announced that Peter Bergman, vice president of marketing and customer care for Canon Inc. (Nasdaq: CANNY), has joined Stamps.com as an executive vice president and the general manager of its Small Business Strategic Business Unit (SBU).

Stamps.com recently announced the organization of the company around three SBUs: Small Business, Enterprise and E-commerce. As general manager, Bergman will manage revenue, sales and marketing and operations for the Small Business Unit, which provides companies with less than 100 employees Stamps.com’s Internet-based mailing and shipping services.

“Peter Bergman is a proven leader who will make a great addition to the Stamps.com executive team,” said Stamps.com Chairman and CEO John Payne. “Peter has worked extensively in the creation and introduction of new products and services, including market research and communications, product management and identification of new distribution channels. His breadth of experience in technology, business, marketing and personnel management will ensure our company’s continued rapid growth in the small business market segment.”

“The Stamps.com Small Business Unit is a clear industry leader, supported by a strong executive team and offering an innovative service to small business customers,” said Bergman. “I am excited by the challenge of expanding Stamps.com’s leadership position in the online mailing and shipping space. With a customer base rapidly approaching 200,000 customers, Stamps.com has aggressively penetrated the small business market and is already well ahead of the competition.”

As vice president of marketing and customer care for Canon Computer Systems, Inc., Bergman spearheaded the development and implementation of Canon’s U.S. printer and computer peripherals business strategy and marketing plan, resulting in sales growth from zero to $1 billion in four years. Prior to joining Canon in 1992, he was director of product management for Epson America, Inc., where he was responsible for marketing and product planning. Bergman was also vice president, consumer marketing for Print Technology Inc., and served as a product manager at Atari, Inc.

Bergman holds an MBA degree from the University of Michigan Graduate School of Business. He earned a BA in Economics from the University of California at Davis. Bergman began his marketing career at Procter and Gamble.

About Stamps.com

Stamps.com™ is the easiest, smartest way to mail or ship letters, packages or small parcels anywhere and at anytime. Anchored by its partnerships with the U.S. Postal Service and United Parcel Service (UPS), Stamps.com has three customer-centric business units focused on providing its unique Internet mailing and shipping solutions to small businesses, large corporations and e-commerce companies. Stamps.com’s services allow any size business to choose the best carrier, cost and delivery terms for every mailing or shipping transaction based on sophisticated, real-time rating, tracking and pricing tools.

Stamps.com has strategic partnerships with major companies such as America Online, eBay, Hewlett-Packard, IBM, Intel, Mail Boxes Etc., Microsoft, Office Depot, Intuit and 3M. Visit sdcmainprod.wpengine.com for more information.

“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 annual report on Form 10-K for fiscal year ended December 31, 1999. 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.

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