Snapfish Ranked Number One Photo Web Site
Latest Market Entrant Quickly Surpasses Competition, According to PC Data Online
SAN FRANCISCO - June 29, 2000 - Snapfish.com Corporation, the only photo service that offers free prints, free processing, free digitization and free online sharing for 35 mm film, today announced PC Data Online has ranked the company the number one photography Web site for the week ending June 24, 2000. The fastest growing photography site on the Web in terms of site traffic, Snapfish has quickly surpassed other photography sites since launching the service on April 18, 2000.
"The fact that we have surpassed other photo sites in less than two months after launching the Snapfish service is a testament to the tremendous value we offer our customers," said Rajil Kapoor, co-founder, president and CEO of Snapfish. "Snapfish makes it easy for everyone - regardless of whether they use a 35 mm or digital camera - to enjoy the benefits of digital photography."
In addition to consumer demand, Snapfish attributes the increase in site traffic to its growing marketing and business development efforts. The company recently announced the Snapfish Summer Sweepstakes and co-branded alliances with Compaq and BellSouth.
PC Data Online, a leading Internet research firm that specializes in Web commerce measurement, publishes a weekly listing of the Internet's Top Web Sites based on the unique users of the site. The traffic is measured with a proprietary software tool that tracks visitors and buyers on each site.
Snapfish is positioned to dramatically redefine the consumer photography market by providing the first complete photo service that offers film developing, printing, storing and sharing online, all for free. Customers pay only for shipping and handling of their prints. The award-winning Snapfish business model provides both film-based and digital camera users the ability to seamlessly and effortlessly share, store and order reprints with unsurpassed security.
Privately held and backed by Mayfield Fund, @Ventures, the affiliated venture capital arm of CMGI, Inc., Kodak, Trans Cosmos, Audax Ventures, BellSouth, Compaq, and additional private investors, Snapfish was founded by second-generation Internet leaders from Excite@Home and Cisco Systems.
Snapfish has strategic relationships with Eastman Kodak and District Photo, the nation's largest mail order photo finishing lab. Snapfish uses Kodak paper and materials for all of its processing.
With consumer photography representing a $14.90 billion market in the United States alone, Snapfish is poised to provide consumers with breakthrough benefits in online photography and reinvent an enormous consumer category in the process. The company is based in San Francisco, California.
Additional information is available at the company's Web site at http://www.snapfish.com.