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Staples Chief Technology Officer Honored as 2002 Premier 100 IT Leader by Computerworld; For The Second Year In A Row Staples Executives Recognized In The Premier 100

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Jan. 2, 2002--Staples Inc. (Nasdaq: SPLS) today announced that Michael Ragunas, Staples Chief Technology Officer, has been recognized by IDG's Computerworld, an information services company for the IT leader community, as one of the business world's Premier 100 IT Leaders. The award honors individuals who have had a positive impact on their organizations through leveraging technology.

For the second year in a row, Staples executives have been recognized in the Premier 100. This year, Mr. Ragunas was recognized for his exceptional technology leadership and innovative approaches to business challenges. He follows Brian Light, Staples Chief Information Officer, a Premier 100 IT Leader in 2001.

"The Computerworld Premier 100 IT Leaders are overcoming today's business challenges through the innovative application of technology," said Maryfran Johnson, editor in chief, Computerworld. "These individuals apply innovative thinking and best practices to promote an IT vision that supports the company's overall business strategy."

"Staples is honored to be recognized by Computerworld's Premier 100 for the second year in a row," said John Mahoney, executive vice president and chief administrative officer at Staples. "Mike Ragunas has been instrumental in leveraging e-commerce technology to improve our customers' experience whether they shop Staples stores, catalog or online."

Mr. Ragunas heads development and implementation of e-commerce and related technologies for Staples, including the award-winning Staples.com site. Through implementing in-store Access Point kiosks, he helped lead the integration of Staples.com with Staples nearly 1,000 U.S. stores. A 15-year veteran of Staples, Mr. Ragunas was formerly director of strategic technology and systems architecture for the company, where he managed the selection and usage of leading-edge technologies and led the initial development of Staples.com.

Mr. Ragunas was selected from hundreds of nominees based on those leaders who most closely matched Computerworld's Leadership Index, a set of characteristics that describes business and technology people who guide the effective use of IT in their organizations. Other award winners include leading IT executives from corporations such as The Bank of New York, Hewlett-Packard, FedEx Corporation and Walt Disney World.

About Staples

Staples, Inc. is an $11 billion retailer of office supplies, business services, furniture and technology to consumers and businesses from home-based businesses to Fortune 500 companies in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal. Headquartered outside Boston, Staples invented the office superstore concept and today is the largest operator of office superstores in the world. The company has over 50,000 employees serving customers through more than 1,400 office superstores, mail order catalogs, e-commerce and a contract business. More information about the company is available at http://www.staples.com.

About Computerworld

Based in Framingham, Mass., Computerworld, Inc. is a complete information services company for the IT Leader community, providing print and online publications, books, conferences and research services. The company's flagship weekly newspaper for IT Leaders has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper. With a circulation of 250,000, Computerworld has a total audience of 1,694,000, according to IntelliQuest CIMS v.8.0. News and resources for the IT Leader community are available at www.computerworld.com.

Computerworld is a business unit of IDG, the world's leading technology media, research and event company. IDG publishes more than 300 magazines and newspapers and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 300 targeted Web sites in 70 countries. IDG is also a leading producer of 168 computer-related events worldwide, and provides IT market analysis through 51 offices in 43 countries worldwide. Company information is available at www.idg.com.

CONTACT:
Staples Inc.
Owen Davis
508-253-8468
owen.davis@staples.com