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xpedx Reports 2007 E-Commerce Sales At $1.4 Billion

Press release from the issuing company

CINCINNATI, Ohio, April 7, 2008 - xpedx today announced it posted $1.4 billion in e-commerce sales in 2007, an increase of 12% over the previous year.  Growth in online business continues to be driven by customers seeking the advantages of electronic ordering and real-time purchasing management, the company said.

"Customers increasingly want their orders and related business processes conducted online," said David Wallace, xpedx director of customer service and eBusiness.  "This saves them money, time and effort.  Our e-business systems give customers important financial and operational tools that help their businesses run more smoothly and effectively."

xpedx, one of North America's largest business-to-business distributors, sells printing papers as well as graphics, packaging and facility supplies and equipment.  Major customers include commercial printers, publishers, manufacturers, retailers, governments and facility managers.  xpedx is a business of International Paper (NYSE: IP).

xpedx said more than 5.8 million orders were placed electronically in 2007, representing over half the total order volume at xpedx.  The company has more than 265 distribution centers and retail stores in the U.S., Mexico and Canada.  xpedx e-commerce activities are conducted via xpedx.com and affiliated sites as well as computer-to-computer transactions.
 
Wallace said the growth of xpedx e-commerce services is the result of the company's continued investment in new technologies that help customers and their businesses become more efficient.

For example, a new online catalog search tool helps customers quickly and more accurately locate the items they're looking for.  The tool now sorts products by their attributes, making it easier for users to find exactly what they need.

This year, xpedx also launched xpedxstores.com to provide customers with quick ordering of paper and graphics supplies in small quantities.  The xpedxstores.com site, which is currently available to selected xpedx Stores customers including small and mid-size printers and a wide variety of businesses and organizations, will be available to all U.S. businesses and consumers later in 2008.

Also in 2008, xpedx will continue developing new alliances to provide additional e-commerce services to its customers.  The company last year offered expanded services to printers through new agreements with Avanti Systems of Toronto, Canada, and Pace Systems Group, Inc., of Jacksonville, Florida.

xpedx recently improved and upgraded its xpedx.com website, which provides detailed business information for customers and all other company stakeholders. In addition, xpedx said it plans to expand its xpedx.ca site for customers in Canada later this year.

xpedx has more than 10 million square feet of distribution centers with deep inventories across North America.  Everything xpedx stocks is available via the website and products not stocked at xpedx locations can be ordered online.  xpedx.com has a team of eBusiness specialists who work closely with customers at their locations.  xpedx also has a live help desk that is available every business day.