Stamps.com Launches Presorted First-Class PhotoStamps
LOS ANGELES May 17, 2007 Stamps.com® (Nasdaq: STMP), the leading provider of Internet-based postage services, today announced that it has launched presorted First-Class Mail PhotoStamps®, a new feature that will allow qualified businesses to use discounted First-Class Mail® rates with PhotoStamps to create awareness for their products or services, to build their brand, or for other commercial applications. Stamps.com also announced today the start of the fourth phase of the market test for PhotoStamps, with an authorization for one year through May 16, 2008.
“We are excited to offer businesses a new way to create awareness for their products and services and to build their brand by including their logos and images on presorted First-Class business mailings,” said Ken McBride, Stamps.com President and CEO. “Previously, the only approved rate for PhotoStamps was full rate First-Class. Now, a business may save as much as 10 cents per mail piece using presorted rates on PhotoStamps. More than half of all First-Class Mail is presorted, so we believe that this change opens up PhotoStamps for use in many more business applications.”
To order in high volumes, customers may begin by contacting Stamps.com at www.photostamps.com/business. PhotoStamps are now available in various denominations including $0.26 for postcard rates, $0.31 for presorted First-Class, $0.41 for full rate First-Class, and $4.60 for 1 lb Priority Mail® packages. PhotoStamps are available in a sheet, or in roll form factor for use in higher-volume mailings.
About Stamps.com and PhotoStamps
Stamps.com (Nasdaq: STMP) is a leading provider of Internet-based postage services. Stamps.com enables small businesses, enterprises, and consumers to print U.S. Postal Service-approved postage with just a PC, printer and Internet connection, right from their home or office. The Company targets its services to small businesses and home offices, and currently has partnerships with companies including Microsoft, CompUSA, EarthLink, HP, NCR, Office Depot, Vendio and the U.S. Postal Service.
PhotoStamps is a patented Stamps.com product that couples the technology of PC Postage with the simplicity of a web-based image upload and order process. Since launching PhotoStamps for the second market test in May 2005, more than 35 million individual PhotoStamps have been shipped to customers. PhotoStamps is currently available under authorization of the U.S. Postal Service for its fourth phase market test, with an authorization for one year through May 16, 2008.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements about our anticipated results and available products that involve risks and uncertainties. Important factors, including the Company’s ability to complete and ship its products and obtain or maintain regulatory approval, 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 the fiscal year ended December 31, 2006, Quarterly Reports on Form 10-Q, and 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, the Stamps.com logo and PhotoStamps are trademarks or registered trademarks of Stamps.com Inc. All other brands and names are property of their respective owners.