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Press Release

LIFEPICS, INC. LAUNCHES NATIONAL DEALER NETWORK

 

Boulder, CO., August 23, 2001

LifePics officially launched its Online Imaging Network of Dealers with member sites going live and offering the latest in private branded online imaging upload and fulfillment services. With over 40 dealer storefronts signed up already, LifePics anticipates aggregating the largest network of photofinishers in the nation, providing a state of the art private branded online imaging experience to its member brick and mortar specialty camera and photofinishing dealers.

"We have our infrastructure and our technology in place to seamlessly provide the most powerful and efficient online imaging service to any and all of our partners, regardless of what equipment they choose to use," said Vahe Christianian, President and CEO of LifePics, Inc.

One of the greatest advantages of the LifePics service is that member partners control their respective web sites completely from setting their own prices to complete customers access, ownership, and retention.

"Our model is designed with the best interest of the photofinishers in mind," stated Christianian. "From our deep understanding of the photofinishing industry, we have built a model that capitalizes on our member strength, their expertise, and their individuality."

The LifePics Online Imaging Network empowers participating merchants with the capability to offer the world's first one-hour Internet-based digital print fulfillment as well as full-featured online image sharing, organizing and archiving solutions.

About LifePics

The mission of LifePics is to become the leading provider of Internet digital photography infrastructure, e-commerce technology and intellectual property based on the company's proprietary LifePics architecture for online image storage, retrieval and fulfillment to retail partners in the imaging field. The company's business areas include integrated digital photography and web based applications and e-commerce software, as well as licensing of the LifePics architecture to its network of dealers. Headquartered in Boulder, Colorado, LifePics is a privately held Delaware corporation. LifePics was founded in April 2000 by leading imaging industry visionaries. For additional information regarding LifePics, please visit our web site at www.LifePics.com.