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Press Release

PLANETFOTO PARTNERS WITH LIFEPICS ON NEW GLOBAL "PICK UP" SERVICE

 

Boulder, CO., June 23, 2003

Online digital photo processor PlanetFoto today announced that it has entered into an alliance with LifePics, Inc., the leader in business-to- business online digital photography solutions, to launch its revolutionary new global "pick up" service.

PlanetFoto members can now choose to pick up prints of their digital photos at any of over 500 participating photo labs throughout Canada, the United States and Latin America, or they can easily share photos by having them printed at a lab close to friends or relatives. This latest breakthrough comes as a result of the alliance with LifePics, which represents the possibility of fulfillment by LifePics dealer locations nationwide.

"We view this as a giant step in the evolution of our model of decentralized fulfillment supported by a global platform," said Lance White, CEO and Founder of PlanetFoto. "This also reaffirms our position of being closely aligned with photo finishing labs throughout the globe and gives us tremendous momentum as we construct the world's largest network of consumers and print labs."

"The alliance allows LifePics dealers a way to increase sales and actively participate in the global marketplace at no cost to the them, while offering PlanetFoto customers even more options for print fulfillment," said Vahe Christianian, president and chief executive officer of LifePics, Inc.

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.

About PlanetFoto

PlanetFoto, Inc. is a global online photo processing company that allows customers to upload digital photos to online albums and order prints of their photos to be delivered anywhere in the world, or picked up at a participating network lab. The PlanetFoto website operates in five languages and accepts payment in nine major currencies. The company is based in Boulder, Colorado. More information is available on our Press page at www.planetfoto.com/press.