Chevron Phillips Launches Custom Online Company Store with iPrint's Wood Associates Subsidiary


SANTA CLARA, Calif., Jan. 23, 2002 (PRIMEZONE) -- Wood Associates, an iPrint Technologies, inc. (Nasdaq:IPRT) company, a leading supplier of online and offline marketing and branding solutions, and Chevron Phillips Chemical Company LP (CPChem) (http://www.cpchem.com), one of the world's top producers of olefins, polyolefins, aromatics and specialty chemicals, today announced that the two companies launched an online company store allowing CPChem employees and customers to order and receive branded promotional items quickly and easily. Details of the two-year contract were not disclosed.

The CPChem company store provides a cost-effective, centralized source through which the company can promote its identity. Conveniently accessed through the company's secure Intranet, the store is available to employees and clients who want to order promotional items branded with the company's stylized name or the CPChem logo for their personal use or business needs.

Among the items available from the CPChem online store are T-shirts, polo shirts, sweatshirts, jackets, pens, key chains, mugs, golf balls, caps, travel cases, and much more. In addition to a comprehensive online catalog, the store offers order status checking capabilities and full-service customer support.

About Wood Associates and iPrint Technologies, inc.

iPrint Technologies, inc. (Nasdaq:IPRT), created by a merger between iPrint and Wood Associates, is a leader in providing promotional branding solutions and technology to the Fortune 1000. With a network of offices nationwide, iPrint works with over 200 world-class organizations such as BP, Charles Schwab, Compaq, Microsoft, OfficeMax, Oracle, and PeopleSoft, as well as servicing over one million small-business customers. iPrint's technology and solutions improve the way businesses buy custom imprinting and corporate printing. iPrint can integrate into e-procurement platforms, streamlining the cost of ordering professional printing and promotional merchandise and improving the overall ROI of e-procurement efforts. iPrint's technology also powers the award-winning Web site, iPrint.com, which offers SOHO customers convenience and significant cost savings on professionally printed products. The company has been distinguished with the Inc./Cisco Technology Award, an "Innovation in Print" award by CAP Ventures, and named the #15 top eBusiness by InformationWeek. For information on corporate services, please visit http://www.iPrintTech.com.

(Sources: PC Data Online, Top Monthly E-Tailers Reports and Top Monthly Sites Reports; CAP Ventures, Research; BizRate.com, Customer Certified Ratings; Keynote.com, 2000.)

About CPChem

Chevron Phillips Chemical Company LP (CPChem) is one of the world's top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics and specialty chemicals. The Company, equally owned by ChevronTexaco Corporation and Phillips Petroleum Company, is headquartered in Houston, Texas, and can be reached at www.cpchem.com.

iPrint is a registered trademark of iPrint Technologies, inc. Other marks are property of their respective owners.

This press release contains "forward-looking statements" (as that phrase is used in Section 21E of the Securities Exchange Act of 1934) related to plans and expectations about iPrint's business relationship with Chevron Phillips Chemical Company LP. Actual results could differ materially from those stated or implied in the company's forward-looking statements because of risks and uncertainties associated with our business, as well as contractual conditions and other contingencies which govern the business relationship with Chevron Phillips Chemical Company LP. These include, but are not limited to, customer order levels, technological difficulties or resource constraints, risks associated with Web-based products and services, risks related to the post combination restructuring actions by the Company, and any discontinuance or modification of the business relationship. In addition, iPrint's forward-looking statements should be considered in the context of other risk factors discussed in its Securities and Exchange Commission filings, including its most recent Forms 10-Q and 10-K, available for viewing on its Web site http://www.iPrintTech.com. (To access this information, click on "Investor Relations," "SEC Filings.")



            

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