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Staples Inc. Receives CIO Magazine's CIO-100 Award for Technology and Process Integration
FRAMINGHAM, Mass., Aug 15, 2002 (BUSINESS WIRE) -- Staples Inc. (Nasdaq: SPLS) today announced that it has been named a CIO-100 award honoree for the fifth consecutive year by CIO magazine. The prestigious award recognizes organizations around the world that excel in positive business performance through integrated processes and technologies.

This year CIO honors 100 companies that demonstrate integrated technologies and procedures to improve products, services and relationships with customers and business partners.

"Staples is honored to be recognized by CIO magazine for our commitment to leveraging our IT investments and simplifying our business," said Paul Gaffney, executive vice president and chief information officer at Staples. "To best serve our customers, we follow a disciplined approach to our technology and process integration initiatives. That approach aligns our portfolio of projects to our overall business goals."

"Now, more than ever, companies rely on integrated applications that freely share information," says Abbie Lundberg, Editor in Chief, CIO magazine. "This year's CIO-100 award recipients are being honored because their companies developed an integrated enterprise to enhance their business, from improving relationships with customers to creating a seamless value chain."

Staples is being recognized for completing an integrated enterprise data warehouse project supporting its Retail business, Staples Business Delivery and Staples Contract businesses. The enterprise data warehouse facilitates analytical decision-making via uniform information management. It provides an information hub for functions and operations across the company from order entry management, merchandising and finance to supply chain collaborative planning, forecasting and replenishment (CPFR). In addition, Staples consolidated separate fulfillment center systems serving Staples customers and customers of its Quill brand into one system. This integration simplified system processes and increased operational and inventory management efficiencies. Quill is a separately branded delivery business under Staples North American Delivery.

In addition to the CIO-100 award, other recent Staples honors include being named by InfoWorld as one of the top 100 companies exemplifying great IT achievements and by ComputerWorld as one of the best places to work for IT professionals.

The recipients of the CIO-100 were selected by a team of CIO editors and writers. The judging objectives were to recognize positive business performance through integrated technologies and procedures. Complete coverage of the 2002 CIO-100 is featured in the August 15 issue of CIO magazine and at www.cio.com.

About Staples

Staples Inc. is an $11 billion retailer of office supplies, 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 53,000 employees serving customers through more than 1,300 office superstores, mail order catalogs, e-commerce and a contract business. More information about the company is available at http://www.staples.com.

About CIO Magazine:

CIO magazine (launched in 1987) is published by CXO Media Inc. CXO Media serves CIOs, CEOs, CFOs, COOs and other corporate officers who use technology to thrive and prosper in this new era of business. The company strives to enhance partnerships between C-level executives, as well as create opportunities for information technology (IT) and consumer marketers to reach them. In addition to publishing CIO, CXO Media produces www.cio.com, The CIO Insider, www.darwinmagazine.com, and www.CSOonline.com as well as CIO Executive Programs, a series of conferences that provide educational and networking opportunities for corporate and government leaders. In September 2002, CXO Media will launch CSO magazine, a resource for information security executives.

CXO Media Inc. is a subsidiary of IDG, the world's leading IT media, research and exposition company. IDG publishes more than 300 computer magazines and newspapers and 4,000 book titles and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 270 targeted websites in 70 countries. IDG is also a leading producer of 168 computer-related expositions worldwide and provides IT market analysis through 50 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