Article: Neopost Online Acquires PackageNet; Company to Launch Simply Packages, the First Online Shipping Service with Drop-off Locations in Supermarkets and Other Outlets Nationwide.

Business Editors/High-Tech Writers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Sept. 6, 2000

Neopost Online Inc., the Internet-based mailing and shipping solutions provider, member of the Neopost Group, today announces the acquisition of PackageNet Inc., a parcel shipping service with a network of over 2,300 drop-off locations nationwide. Neopost Online plans to combine the proprietary online shipping technology of the Neopost Group with PackageNet's shipping expertise and existing retail outlets to launch a new package shipping service, Simply Packages(TM), later this year.

"This acquisition accelerates our strategic push into shipping, a category ...

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