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Hamilton, Bermuda — December 10, 2008
VistaPrint to Provide European Web sites Where Small Businesses
Can Purchase Marketing Products
VistaPrint Limited (Nasdaq:VPRT), the small business marketing company, today announced a multi-year strategic partnership with Viking Direct, the leading stationery and office products supplier, that will enable both companies to expand their European reach by giving small business customers online access to VistaPrint’s high-quality printed products through Viking Direct Web sites. Viking Direct is the direct-mail office supplies channel of Office Depot (NYSE: ODP) in Europe.
As part of the agreement, VistaPrint will develop Viking branded e-commerce Web sites for Viking Direct to be launched across Europe. The program will begin in the United Kingdom and is expected to be completed in the first quarter of 2009, with other countries to come online thereafter.
Each site will be customized for local language and currency, allowing for a seamless buying experience for small business customers no matter what country they are located in. Customers will also have the ability to design and customize their marketing products - such as business cards, postcards, invitations and brochures - with fonts, colors, and logos using VistaPrint’s online design studio. Customers will check out through the Viking Direct site, providing for a smooth and convenient transaction process.
“Selling to localized markets across Europe is something that VistaPrint has been doing for years, and truly has been a leader in this area, with a number of their own sites reaching countries like Germany, Spain and the UK,” said Office Depot Europe’s Executive Vice President and Managing Director, Dirk Collin. “Partnering with VistaPrint gives us the ability to expand our global reach with products we don’t currently offer while using local languages and payment options. This lets us continue to help small businesses worldwide.”
“Viking Direct is clearly the leading force in the stationery and office products space in Europe, and as a world class organization, partnering with them made sense for us as a business,” said Janet Holian, president, VistaPrint Europe. “Expanding into European markets is something that VistaPrint has done very successfully over the past few years under our own brand. We’re excited to bring that knowledge and experience to this critical relationship.”
About Office Depot
Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,705 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.9 billion e-commerce operation. Office Depot has annual sales of approximately $15.1 billion, and employs about 49,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 48 countries.
Office Depot’s common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.
About VistaPrint
VistaPrint Limited (Nasdaq:VPRT) is the small business marketing company having served over 16 million customers worldwide. VistaPrint offers small businesses everything they need to market their business with brand identity and promotional products, marketing services and electronic marketing solutions. A global company, VistaPrint employs more than 1,600 people and operates 19 localized Web sites serving over 120 countries around the world. A broad range of marketing products and services are available online at www.vistaprint.com. VistaPrint’s products are satisfaction guaranteed.
VistaPrint and the VistaPrint logo are registered trademarks of VistaPrint. All other brand and product names appearing on this announcement may be trademarks or registered trademarks of their respective holders.
This press release contains statements about management's future expectations, plans and prospects of our business that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including statements concerning the prospects and implementation of our strategic collaboration with Viking Direct. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, many of which are outside of our control, including but not limited to, the ability to attract customers to the Viking Direct-branded Web sites in a cost-effective manner and to retain those customers, willingness of purchasers of graphic design services and printed products to shop online, failures of our or Viking Direct’s Web sites or network infrastructure, the inability of our manufacturing operations to meet customer demand, downturns in general economic conditions, and other factors that are discussed in our Annual Report on Form 10-K for the fiscal year ended June 30, 2008, our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2008, and other documents we periodically file with the SEC. In addition, the statements in this press release represent our expectations and beliefs as of the date of this press release. We anticipate that subsequent events and developments may cause these expectations and beliefs to change. We specifically disclaim any obligation to update any forward-looking statements. These forward-looking statements should not be relied upon as representing our expectations or beliefs as of any date subsequent to the date of this press release.
