Company Reports Strong Market Interest in New E-Commerce Platform SAN FRANCISCO, CA, June 26, 2002 - printChannel.com, the world's leading vendor of Web-based print procurement solutions, today announced the release of print i/o, version 2.0, five days ahead of the schedule published in February of 2002. The company planned on launching the new platform on July 1st, but decided to release the new platform early because of strong market interest and the quality of the development effort. printChannel.com also announced a complete migration of print i/o to a Java and Oracle environment. print i/o's key features include multi-level configurable product categories; inventory management; configurable user groups; customizable bi-level order approval; the ability to offer flexible pricing and product discounts; manufacturing job tracking; online content proofing; output ready PDF impositions; site branding; and order activity reporting. In addition, print i/o offers viewing order status, reorder capability, personal address books and wallets, and support for both stock and custom products. "Migrating the entire system development to a 100 percent Java environment and an Oracle database, both running on Sun Solaris, simplified the development process and sped up the achievement of key engineering milestones," says Chris Glon, printChannel.com's Chief Technology Officer. "We had planned on introducing the product in July, but decided to release early because of the quality of development, testing and documentation, and very favorable feedback from our Early Adopters Program, in which sites are built, tested, and deployed," he adds. "We are extremely pleased with the market feedback to print i/o," states Oliver Pflug, CEO of printChannel.com. "Customers who are familiar with other print e-commerce offerings are commenting that print i/o stands head and shoulders above those systems. Beating our original schedule was not without pain but our teams rallied to the cause. I am very proud of what they have accomplished." he added.