STAMPS.COM TECHNOLOGY HELPS IMPROVE MAIL SECURITY

Internal Task Force to Focus on Further Utilization of Internet Postage Security


Stamps.com Technology Helps Improve Mail Security

Internal Task Force to Focus on Further Utilization of Internet Postage Security

SANTA MONICA, Calif. – October 24, 2001 – Stamps.com(TM) (Nasdaq: STMP). Stamps.com announced today that it has appointed an internal task force to explore new applications that further harness and utilize the security inherent in its Internet Postage solution.

Traditional stamped mail offers limited security information. Stamps.com’s Internet Postage service, on the other hand, can provide extensive information regarding the sender’s identity, point of origination and the path taken through the mail system. Stamps.com intends to develop new features to further improve mail security for its customers.

Stamps.com’s Internet Postage solution utilizes Information Based Indicia, or cryptographic two-dimensional barcodes, as a replacement for traditional postage. This “intelligent” postage, which can be printed using standard PC printers, contains important mail processing information that can provide valuable assistance to authorities investigating inappropriate postal activities.

“Stamps.com’s secure technology provides mail recipients greater peace of mind,” said Stamps.com CEO Ken McBride. “Each piece of mail sent using Stamps.com is unique and traceable by authorities to its sender, thus serving as a deterrent to those intent on using the postal system to do harm. Mail sent using the Stamps.com service is also associated with an individual credit card or checking account, which can further reduce the opportunity for abuse.”

A trusted, efficient, and secure mail system has always been a cornerstone of the American economy. Enhanced adoption of advanced technologies, such as Stamps.com’s Internet Postage service, can promote a higher level of security within the mail system. Stamps.com continues to work with postal authorities to encourage greater usage of Internet Postage.

“With a two-dimensional barcode on the envelope or package, recipients can feel more assured today that the mail is traceable and secure. For the sender, a more secure and professional looking mail piece will encourage the intended recipient to open the package or envelope,” said McBride.

About Stamps.com

Stamps.com (Nasdaq: STMP) is the leading provider of Internet-based postage services. Its flagship product, Stamps.com Internet Postageä, enables customers to print U.S. Postal Service-approved postage via a computer and Internet connection. For more information contact Stamps.com Vice President of Business Development, James Bortnak, at email: [email protected], tel: (310) 581-7578, or on the web 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, including the company’s ability to achieve profitability, 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 /A for the fiscal year ended December 31, 2000, its quarterly reports on Form 10-Q for the fiscal quarters ending March 31, 2001 and June 30, 2001, and its Current Reports on Form 8-K. 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.