LOS ANGELES, Sept. 2 /PRNewswire-FirstCall/ -- Stamps.com (Nasdaq: STMP)
today announced that customer response to its new PhotoStamps(TM) product has
been overwhelmingly positive -- with 40,000 sheets, or 800,000 individual
PhotoStamps, ordered since the August 10th public launch.
"We're very pleased with how well the product has been received already,"
said Stamps.com president and CEO Ken McBride. "Customer feedback has been
extremely positive with over 90% of surveyed customers telling us they are
likely to order PhotoStamps again."
Tens of thousands of customers have already used PhotoStamps to make their
mail more exciting. The most popular images include babies, children,
families, friends, pets, and travel photos. Wedding invitations, party
invitations, thank you letters, and birth announcements have been popular
applications of PhotoStamps.
In addition, orders for corporate logos and other business applications
have been popular and growing quickly as companies are finding that
PhotoStamps can be an effective tool for direct marketing, special event and
product promotion, charity fund raising, or as unique corporate gifts. To
encourage further growth in this segment, this week Stamps.com introduced a
volume pricing discount for orders ranging from two to 500 sheets.
Ordering PhotoStamps is easy. Customers go to http://www.PhotoStamps.com and
simply upload a digital photograph or image file, customize the look and feel
of the image, choose one of ten different border colors to compliment the
photo, select the value of postage, and place the order online. The interface
is fun, functional, and incredibly easy to use. Each sheet includes twenty
individual PhotoStamps, and orders arrive via US Mail in a few business days.
PhotoStamps are currently available for the most common sizes of mail in
denominations ranging from $0.23 to $3.85. Stamps.com has received US Postal
Service authorization to proceed with a market test of PhotoStamps. The
market test is expected to continue through September 30, 2004.
About PhotoStamps
PhotoStamps is brought to you by Stamps.com Inc., a leading provider of
Internet-based postage services. In addition to providing the PhotoStamps
product, Stamps.com PC Postage Service enables over 300,000 customers to print
U.S. Postal Service-approved postage with just a PC, printer and Internet
connection. The Company targets its PC Postage services to small businesses
and home offices, and currently has partnerships with companies including
Microsoft, CompUSA, EarthLink, HP, NCR, Office Depot, WeddingChannel.com,
Taylor Corporation and Vendio.
"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 complete its products and obtain 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, 2003, 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.
For more information, please contact: Investors, Austin Rettig, Director,
Investor Relations of Stamps.com, +1-310-482-5830, or Press, Dena Cook of
PR21, +1-310-566-2283, dena.cook@pr21.com, for Stamps.com Inc.
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