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iStockphoto Selects myPhotopipe.com, Inc. as Exclusive Provider of Prints
Oct 11, 2007 (08:10 AM EDT)
ATLANTA, Oct. 11 /PRNewswire-FirstCall/ -- myPhotopipe.com, Inc. , a web-based online provider of digital photo processing and related services, today announced that it has entered into a strategic relationship with iStockphoto(R) to provide a "print-your-image" option on the popular stock imagery and video website, effective October 11, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061006/CLF033LOGO )
Starting with iStockphoto users in the United States, members will be able to order prints of any image on the site that is made available for Prints by the artist. Prints may be purchased using the micropayment system pioneered by iStockphoto. Eight print sizes will be available on four paper surfaces (matte, glossy, watercolor and canvas). The iStockphoto site will incorporate a live cropping tool with seamless integration back to myPhotopipe.com's national photo lab in Atlanta.
In most cases, prints offered through iStockphoto will be available at prices approximately 20 percent below the pricing for comparable products at professional labs.
"This is a natural extension for us," noted Garth Johnson, vice president of development at iStockphoto. "Many of our customers have printing and distribution needs that are well met by myPhotopipe.com. This partnership will make their jobs easier."
"This is one of the largest communities of photographers and illustrators in the world, in addition to being the busiest image market, with an image downloaded every 2.5 seconds," stated L. Douglas Keeney, chief executive officer of myPhotopipe.com, Inc. "iStockphoto wanted to provide its customers with access to the very best digital print product available. We wanted iStockphoto's razor-sharp pricing. And we both wanted a great online experience. I believe we have accomplished all three of these objectives in this relationship."
iStockphoto, http://www.istockphoto.com , is the world's busiest image market, with an image downloaded every 2.5 seconds. iStock pioneered the micropayment phenomenon in this industry, enabling buyers to license images for as little as a dollar. iStockphoto entered the stock video market with similarly enticing price points in September 2006. In partnership with its members, iStockphoto has turned community into commerce, transforming the digital imagery market by encouraging passionate dialogue and education, while making imagery affordable to businesses that may not have licensed imagery otherwise. iStockphoto is headquartered in Calgary, Alberta, Canada, and is a wholly-owned subsidiary of Getty Images.
About myPhotopipe.com, Inc.
myPhotopipe.com, Inc. is a web-based (2.0) online provider of digital photo processing, photo finishing, photo sharing, and related services. The Company's unique blend of 300+ print options, combined with manual print inspections and professional color management, have positioned myPhotopipe.com as one of the fastest-growing providers of digital photography services for professionals and serious amateurs.
The Company is headquartered in Atlanta, Georgia, and its common stock is listed on the OTC Pink Sheets under the symbol "MPPC". Additional information is available on the Internet at http://www.myPhotopipe.com .
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are subject to the "safe harbor" created by those sections. Such forward-looking statements are based upon current information and expectations regarding myPhotopipe.com, Inc. These statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecast in such forward-looking statements.
myPhotopipe.com, Inc. assumes no obligation to update the information contained in this release. Any forward-looking statements in this press release may be materially impacted by any number of factors, any or all of which could have a negative impact on sales, operating results, financial and budgetary constraints. The statements made herein are independent statements by myPhotopipe.com, Inc. The inclusion or mention, if any, of third parties in this press release does not represent an endorsement of any myPhotopipe.com, Inc. products or services by any such third party.
Contact: L. Douglas Keeney, CEO, at (502) 419-5837 or via email at firstname.lastname@example.org or
R. Jerry Falkner, CFA, RJ Falkner & Company, Inc., Investor Relations Counsel at (830) 693-4400 or via email at email@example.com
CONTACT: L. Douglas Keeney, CEO of myPhotopipe.com, Inc., +1-502-419-5837, firstname.lastname@example.org; or R. Jerry Falkner, CFA of RJ Falkner & Company,Inc., Investor Relations Counsel, +1-830-693-4400, at ,for myPhotopipe.com
Web site: http://www.myPhotopipe.com/ http://www.istockphoto.com/