Stamps.com Wins Domain Name Dispute
Judge Dismisses all Causes of Action with Prejudice
SANTA MONICA, Calif. – February 15, 2002 – Stamps.com(TM) (Nasdaq: STMP) today announced that Judge Ewing Werlein granted Stamps.com’s summary judgment motion and dismissed all of the plaintiffs’ claims with prejudice. The plaintiffs had claimed they were the proper owners of the rights to the domain name sdcmainprod.wpengine.com. The Judge ordered the delivery of the certificate for the domain name back to Stamps.com.
“We are very pleased that the Judge agreed with our arguments and granted our motion. We have always believed the claims were without merit. If the plaintiffs decide to appeal the Judge’s order, we will be ready,” said Vice President and General Counsel Seth Weisberg.
Stamps.com (Nasdaq: STMP) is the leading provider of Internet-based postage services. Its flagship product, Stamps.com Internet Postage, enables customers to print U.S. Postal Service-approved postage via a computer and Internet connection.
“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 unpredictability of litigation, 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, June 30, 2001 and September 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.
Stamps.com and the Stamps.com logo are trademarks of Stamps.com Inc. All other brands and names are property of their respective owners.