Stamps.Com Announces Photostamps Market Test Extension
Over 58 Million PhotoStamps Sold in the First Three Years
LOS ANGELES – May 21, 2008 – Stamps.com® (Nasdaq:STMP), the intelligent alternative to a postage meter, today announced an extension of the fourth phase of the market test for PhotoStamps®, providing an additional authorization for one year through May 16, 2009. -áPhotoStamps is a patented Stamps.com product that couples the technology of online postage with the simplicity of a web-based image up-load and order process. -áCustomers may create full custom PhotoStamps with their own digital photograph, or they may choose a licensed image from one of many PhotoStamps collections such as NFL®, Collegiate, and now the limited edition American Idol® collection.
“Consumers embraced PhotoStamps from the very first day of the initial market test and we have sold more than 58 million in the first three years,” said Stamps.com president and CEO Ken McBride. -á”PhotoStamps offer parents, grandparents, pet lovers, travelers, and hobbyists a great way to share their favorite digital photos. PhotoStamps also offer businesses an impactful way to create awareness for their products or services and to build their brands by including their logos and images on business mailings or on employee or customer gifts. -áFinally, PhotoStamps have also become a popular way for charities such as Idol Gives Back to raise awareness for their causes.”
PhotoStamps can be used as regular postage to send letters, postcards or packages and is currently available for the most common mail rates in denominations ranging from $0.27 for postcards to $4.80 for 1 lb. packages. -áEach sheet includes 20 individual PhotoStamps. -áTo order, consumers simply upload a digital photograph or image file at www.photostamps.com, customize the look and feel by choosing a border color or a custom border design to complement the image, select the value of postage, then place the order. -áThe interface is fun, functional and incredibly easy-to-use.
In addition to the sheet format, PhotoStamps are also available in a roll form factor for use in higher volume applications. -áIndividual rolls are available in custom lengths ranging from 250 to 10,000 PhotoStamps, and in all denominations. -áTo order in high volumes, customers should contact Stamps.com’s high volume specialists.
About Stamps.com and PhotoStamps
Stamps.com (Nasdaq: STMP) is a leading provider of Internet-based postage services. Stamps.com’s PC Postage service 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 PC Postage partnerships with Microsoft, EarthLink, HP, NCR, Office Depot, the U.S. Postal Service and others.
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. PhotoStamps is currently available under authorization of the U.S. Postal Service for its fourth phase market test with an authorization through May 16, 2009. -áStamps.com currently has PhotoStamps partnerships with Apple, Google/Picassa, HP/Snapfish, Adobe, and others. -á
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements about our anticipated results and our PhotoStamps spend that involve risks and uncertainties. -áImportant factors, including the Company’s ability to complete and ship its products, maintain desirable economics for 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 year ended December 31, 2007, 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.
Stamps.com Investor Contact:
Stamps.com Investor Relations -á-á-á-á-á -á-á
(310) 482-5830 -á-á-á-á -á-á
http://investor.stamps.com -á-á-á-á-á-á-á-á-á-á-á-á-á-á-á-á -á-á -á-á-á-á-á-á -á-á
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