Press Release: April 3, 2000

WR Hambrecht + Co Initiates Coverage of iPrint.com (IPRT) with a Buy Rating and Target Price of $30

Company creates innovative niche in $58 billion dollar industry

San Francisco, CA, April 3, 2000—WR Hambrecht + Co today initiated research coverage on iPrint.com (IPRT) with a buy rating and a price target of $30. WR Hambrecht + Co.’s eMarkets and Portals analyst Derek Brown cited iPrint’s ability to streamline the design and production processes and its prospective growth opportunities as key reasons for the rating. WR Hambrecht + Co offers all its research reports free and real-time at www.wrhambrecht.com.

"iPrint seems to be ideally positioned to begin transforming the $58 billion commercial and quick printing industry. We also see several potential drivers of growth and expansion for the Company that will likely serve as key catalysts for its stock. We believe iPrint.com should continue being a prime beneficiary of the migration online by small businesses and consumers and is also likely to unveil additional print services that leverage its additional technological infrastructure and vendor relationships," Brown said.

Brown projects iPrint’s total revenues will reach $3.3 million in 2000 and $11.9 million in 2001.

iPrint.com, founded in 1996, is a leading online marketplace for print services targeting small and medium-sized businesses.