Stamps.com 2009 Annual Report Download - page 13

TABLE OF CONTENTS
Under our certificate of incorporation, any person, company or investment firm that wishes to become a “5%
shareholder” (as defined in our certificate of incorporation) must first obtain a waiver from our board of directors. In addition
any person, company or investment firm that is already a “5% shareholder” of ours cannot make any additional purchases of our
stock without a waiver from our board of directors. These NOL protective measures contained in our certificate of incorporation
are more particularly discussed in our Definitive Proxy Statement filed with the Securities and Exchange Commission on April
2, 2008.
As of February 28, 2010, we had 14,287,786 shares outstanding, and therefore ownership of approximately 715,000 shares or
more would currently constitute a “5% shareholder”. We strongly urge that any stockholder contemplating owning more
than 600,000 shares contact us before doing so.
Employees
As of December 31, 2009, we had approximately 210 employees not including temporary or contract workers. Our
employees work in various departments including customer support, research and development, sales and marketing, information
technology and general administration. None of our employees are represented by a labor union. We believe that we have a good
relationship with our employees.
Segments, Geographical and Revenue Information
We operate in a single market segment, “Internet Mailing and Shipping Services” and therefore have only one reportable
segment. All of our operations and revenue are within the United States. During 2009, 2008 and 2007, we did not recognize
revenue from any one customer that represented 10% or more of revenues. See Management’s Discussion and Analysis of
Financial Condition and Results of Operations, Results of Operations for years ended December 31, 2009 and 2008 for the
percentage of total revenue contributed by categories of similar products or services that accounted for 10 percent or more of
consolidated revenue. Our product and insurance revenues are subject to seasonal variations with the fourth and first calendar
quarters being typically seasonally stronger and the third calendar quarter being typically seasonally slower. Our service revenue
does not typically have seasonal variation due to our flat rate monthly subscription pricing. Our PhotoStamps revenue is
typically stronger in the fourth calendar quarter due to the holidays.
Company Information
We were founded in September 1996 and we were incorporated in Delaware in January 1998 as StampMaster, Inc., changing
our name to Stamps.com Inc. in December 1998. We completed our initial public offering in June 1999. Our common stock is
listed on the NASDAQ Stock Market under the symbol “STMP.”
Our principal executive offices are located at 12959 Coral Tree Place, Los Angeles, California, 90066, and our telephone
number is [phone].
Available Information
We make available on our website ( www.stamps.com ), free of charge, our annual report on Form 10-K, quarterly reports on
Form 10-Q, current reports on Form 8-K and all amendments to those reports filed or furnished pursuant to Section 13(a) or 15
(d) of the Exchange Act, as soon as reasonably practicable after such material is electronically filed or furnished to the SEC.
(Information contained on our website is not part of this Annual Report on Form 10-K.) Our Annual Report on Form 10-K may
also be obtained free of charge by written request to the Investor Relations, Stamps.com Inc., 12959 Coral Tree Place Los
Angeles, California 90066.
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