iPrint Expands Global Presence Through Alliance with Hannebery Carroll

Press release from the issuing company

Expanded Network of Sales, Customer Service and Distribution Includes Australia and New Zealand SANTA CLARA, Calif., June 19, 2002 -- iPrint Technologies, inc., a leading supplier of online and offline marketing and customized branding solutions, announced today that its subsidiary, Wood Associates, has formed a strategic alliance with Australia-based Hannebery Carroll Promotions Agency, a leading promotional products firm. This agreement provides iPrint with sales, distribution and customer service capabilities throughout Australia and New Zealand, and potentially new revenue opportunities in the United States. "We believe this global expansion will have a positive impact on our revenues," said Gary Parkhurst, Executive Vice President of Sales for iPrint Technologies, inc. "Our relationship with Hannebery Carroll will also ensure that clients in Australia and New Zealand receive prompt customer support and distribution. We hope to do the same for their clientsin the United States." This agreement is the second international alliance Wood Associates has forged. In January 2001, iPrint's subsidiary teamed with England-based Incentive Group to service companies in England, Europe, Africa, and the Middle East. "We're teaming with Wood and iPrint because of the significant business opportunities they bring to our organization," said Matt Hannebery, Director, Hannebery Carroll. "We anticipate a reciprocal relationship whereby iPrint can assist with managing and servicing our clients which have United States divisions." Hannebery Carroll will assist iPrint with its proprietary, online Stores and in selling promotional merchandise via traditional channels in Australia and New Zealand. These online Stores enable clients' employees, and in some cases their distributors and customers, to log onto custom Web sites to order from an assortment of custom-branded promotional products via an online catalog format. Branded items can include items such as logo'ed apparel and caps, watches, golf accessories, and travel/sports bags. "Companies such as Hannebery Carroll and Incentive Group are teaming up with iPrint because we offer them state-of-the-art technology, proven to streamline and automate the online sales and distribution of promotional items and printed goods," added Parkhurst.