Staples Acquires Business Forms Manufacturer PRINTSouth

FRAMINGHAM, MA—Dec. 07, 2010—Staples Advantage, the business-to-business division of Staples, announced today that its Print Solutions business has acquired PRINTSouth Corp. (operating as “Miami Systems”), a leading national manufacturer of business forms. Customers of Staples Print Solutions and Miami Systems will benefit from expanded product and service offerings, improved distribution capabilities and shared best practices.

“We welcome Miami Systems to the Staples company. We share the same values and beliefs, and are committed to growing within the print solutions marketplace,” said Jay Baitler, executive vice president, Staples Advantage. “Together, our combined businesses will make it easy for customers through nationwide manufacturing coverage and unparalleled value and service."

“This creates a new market-force with the combination of two great printing businesses, Staples Print Solutions and Miami Systems, that will greatly benefit our customers, create new opportunities for our long standing associates and give us a nationwide footprint like no one else in the industry,” said Sam Peters, former chairman, PRINTSouth Corp.

Founded in 1926, Miami Systems has evolved into a leading national provider of transactional documents and related managed services with about $70 million in sales. Miami Systems' products and services encompass the printing and management of business forms, inserts, envelopes and labels. Its business forms product line includes computer forms, mailers, scan forms and snap-out forms.

Through its Print Solutions line of business, Staples Advantage is one of the nation’s leading printing providers to small-and medium-sized businesses and Fortune 1000 companies. The business provides a range of products and services, including digital printing, forms, commercial print, flexible packaging, labels, kitting and fulfillment.For more information about Staples Print Solutions, visit www.staplesadvantage.com/print.

About Staples Advantage
Staples Advantage, the business-to-business division of Staples, Inc., serves organizations of 20 or more employees up to the Fortune 1000, including global businesses, local, state and federal government, healthcare organizations and educational institutions. The Staples Advantage one source solution includes comprehensive products and services from office supplies, technology and printing to promotional products, furniture and facility supplies. Dedicated to providing organizations with greater cost savings and improved ordering efficiencies, Staples Advantage provides a customized level of account support and best-in-class customer service. More information is available at www.staplesadvantage.com.

About Staples
Staples, the world’s largest office products company, is committed to making it easy for customers to buy a wide range of office products and services. Our broad selection of office supplies, electronics, technology and office furniture as well as business services, including computer repair and copying and printing, helps our customers run their offices efficiently. With 2009 sales of $24 billion and 91,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Staples invented the office superstore concept in 1986 and today ranks second worldwide in e-commerce sales. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media.

Source: Company press release.