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DocumentPlanet Selects SwapDrive to Provide Online Storage, File Transfer

Press release from the issuing company

Washington, D.C. - May, 2001 - SwapDrive, a provider of online storage and file management software and services, today announced that the company has signed a one-year contract with DocumentPlanet, Inc. (DPI), a Virginia - based print marketing and management company. Under the agreement, DocumentPlanet will offer SwapDrive's Web-based file storage, viewing, sharing and editing capabilities to its customers and partners within the commercial printing community. "DocumentPlanet's mission is to serve print buyers through a combination of high-touch customer service with high tech tools," said Frank Felker, president and founder of DocumentPlanet. "Since 1987 I have worked with file transfer solutions ranging from bulletin board systems to FTP, email attachments of every variety and other branded online storage solutions. SwapDrive's drag & drop functionality is simple for our customers to learn and use consistently. Adding the SwapDrive Corporate Web service to our service offering will enable our customers to accelerate the printing process and turn around their print jobs more quickly and efficiently." Additionally, DPI had unique technology requirements to implement. "SwapDrive's staff was very supportive and brought together the solution quickly and easily. This allowed us to private label the solution and seamlessly pull it into our web site." said Felker. DocumentPlanet operates as a marketing and project management company serving high-volume buyers in the $300 billion worldwide commercial printing industry. Founded in 1999, DPI's model leverages the Internet and leading-edge prepress technology to benefit buyers, salespeople and printing companies. DPI outsources all production to a network of print partners representing nearly $500 million in print capacity, covering every conceivable print process from letterpress to digital, creative services to mailing and fulfillment. According to SwapDrive CEO Marc Wallace, "We realized early on, that the printing industry was a market that could benefit greatly from the Web-based file sharing and digital asset management capabilities offered by our Corporate Web solution. When we discovered what DocumentPlanet was trying to accomplish, and they learned what SwapDrive was offering, we both saw a perfect fit. Together, we can offer others in the printing industry a value-added file-sharing application that will help make them more efficient as well as save them time and money."