SR. VP OF MARKETING AT STAMPS.COM DEPARTS COMPANY TO PURSUE NEW OPPORTUNITIES

 

SANTA MONICA, Calif. – February 22, 2000 – Stamps.com™ (Nasdaq: STMP) today announced that Chris Hylen, Senior Vice President of Marketing, has left the company to pursue other career opportunities.

“The marketing organization at Stamps.com has accomplished a great deal since Chris joined the company,” said Smith. “We have a solid start to our customer franchise, a wonderful group of senior marketing managers and a very talented marketing staff. Chris contributed much to this positive situation. We are sorry to see him leave but wish him luck in all his future endeavors.”

About Stamps.com

Founded in 1996, Santa Monica-based Stamps.com is the only commercially approved true Internet Postage service. The company’s innovative technology eliminates the need for specialized hardware by giving customers the flexibility to print postage over the Internet – securely, accurately and fast. Through partnerships with major companies like America Online, Hewlett-Packard, IBM, Microsoft, Office Depot, Quicken.com and 3M, Stamps.com has tremendous reach into the small office/home office and consumer markets. More information about the company can be found at sdcmainprod.wpengine.com.

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“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, 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 Form 10-Q for the quarter ended September 30, 1999 and its registration statement on Form S-4, as amended, that was filed with the SEC on January 7, 2000. 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.

Internet Postage, Stamps.com and the Stamps.com logo are trademarks of Stamps.com Inc. All other brands and names are property of their respective owners.