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Staples Inc. Appoints Deborah G. Ellinger Head of Strategy
    Business/Technology Editors

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--June 30, 1999--Staples Inc. (NASDAQ:SPLS) today announced that Deborah G. Ellinger has joined the company as senior vice president of strategic planning. Ellinger serves on the company's senior management team and reports to Thomas G. Stemberg, chairman and chief executive officer of Staples. She succeeds Jeffrey L. Levitan, who previously was named senior vice president of and new business development.

"We are thrilled that Deborah is leading our strategy development team," said Stemberg. "Her experience in developing and implementing acquisition, distribution and other operational strategies will enable us to maximize the company's growth and serve our current and future customers more effectively."

In her new position, Ellinger will oversee the creation of corporate and divisional strategies, review business and acquisition ventures, and lead domestic and international planning and market assessment projects within the company. Ellinger also will identify, quantify and present appropriate strategic opportunities to senior management to drive company growth, profits and shareholder value.

Most recently, Ellinger was a partner of The Boston Consulting Group in Boston, where she focused on developing strategies for Fortune 500 companies. She also held other positions in the consulting group's Los Angeles and Boston offices. Prior to that, she held a variety of positions at Mellon Bank in Pittsburgh, London and Los Angeles, in the global merchant banking, capital markets, credit policy and corporate consulting departments.

A resident of Wellesley, Ellinger studied mathematics and law at Cambridge University, England, where she earned her bachelor's and master's. She also qualified as a Barrister-at-Law in London, England.

About Staples

Staples Inc. is a $7 billion retailer of office supplies, furniture and technology to consumers and businesses from home-based businesses to Fortune 50 companies in the United States, Canada, the United Kingdom and Germany. 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 44,000 employees serving customers through more than 980 office superstores, mail order catalogs, e-commerce and a contract business. More information about the company is available at


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