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Staples.com Enhances Management Team

Tuesday, July 11, 2000 7:00 am EDT

Dateline:

FRAMINGHAM, Mass.

Public Company Information:

NASDAQ:
SPLS
"Kevin, Mike and Connie bring a wealth of expertise and understanding of the office supplies business and will be instrumental in propelling Staples.com's expansion"

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples.com today announced enhancements to its management team with three seasoned Staples executives assuming key roles for Staples.com; Kevin Dempsey has been named vice president of international development, Mike DeSanto vice president of merchandising and Connie Seatter director of human resources.

"Kevin, Mike and Connie bring a wealth of expertise and understanding of the office supplies business and will be instrumental in propelling Staples.com's expansion," said Jeanne Lewis, president of Staples.com. "They will be instrumental in helping Staples.com revolutionize how small business does business."

Kevin Dempsey will drive Staples.com's international e-commerce initiatives and was instrumental in the launch of the company's Web sites for Canada. He brings a breadth of merchandising experience to continue expanding Staples.com's international presence, having held a variety of domestic and international merchandising roles with Staples. As vice president of international merchandising for Staples International, he created the pan-European buying operation, significantly reducing Staples' cost-of-goods while better leveraging global buying strategies. Prior to that, Kevin was vice president of import buying and product development, and helped launch Staples' Canadian operation, Business Depot Canada. Before joining Staples Inc., he worked in merchandising for Canada's largest home improvement retailer. Kevin is a graduate of The University of Western Ontario, Canada and resides in Boston, Mass.

With more than 12 years of merchandising and management experience at the company, Mike DeSanto will focus on merchandising strategy, margin management and product promotion initiatives to drive sales on Staples.com. He has served in a variety of marketing, merchandising and human resources positions for Staples, Inc. In 1995, Mike served as director of promotional sales - a $250 million plus program spanning 500 to 600 stores and managed Staples's circular merchandising programs. In late 1998, he became vice president of merchandising for Staples Direct, the company's catalog operation. A resident of Wellesley, Mass., Mike earned his undergraduate degree at Mattatuck College in Waterbury, CT.

Connie Seatter brings over a decade of high technology human resources and management experience to lead Staples.com's newly established human resources function. Since 1993, she was responsible for various human resources initiatives at Staples with a focus on technical staff recruiting and support. Prior to Staples, she was with Dun and Bradstreet Software providing human resources technical support to its domestic and international businesses. Connie holds a B.S. in industrial and organizational psychology at Worcester State College and resides in Westboro, Mass.

About Staples.com

Staples.com, a division of Staples Inc. (NASDAQ: SPLS), is creating a business-to-business electronic marketplace offering a comprehensive solution for the office needs of business customers. Staples.com currently provides an electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of Staples Inc.'s e-commerce sites: Staples.com, Quill.com and StaplesLink.com as well as its Canadian e-commerce business.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Staples, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-Q for the most recently ended quarter.

Contact:

Staples Inc.
Debby Hohler, 508-253-8509
deborah.hohler@staples.com
or
Schwartz Communications
Ariana Karsan/Anthony Iarrapino, 781-684-0770
akarsan@schwartz-pr.com

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