Mimeo.com Names Thomas J. Karrat as Executive Vice President, Sales and Marketing

Business Wire, Nov 5, 2007

New Position Reflects Significant Growth And Advancement Of Strategic Plan To Expand Domestically And Internationally

Hire Comes On Heels Of $25 Million Funding Round Led By Goldman Sachs Principal Strategies Group

NEW YORK -- Mimeo.com (http://www.mimeo.com), the innovator of online, on-demand digital printing for business documents and marketing materials, announced today that Thomas J. Karrat has been named to the new position of Executive Vice President, Sales and Marketing. Karrat most recently served as the Senior Vice President of Sales for Yahoo HotJobs where he managed a team of 300 people during his 4 years with the company. He joins Mimeo.com with more than 15 years of experience in sales and marketing.

Karrat, the newest member on the Mimeo.com executive team, will lead the rapidly growing sales and marketing team as it expands domestically and internationally.

In commenting on today's announcement, Adam Slutsky, Chief Executive Officer of Mimeo.com, stated, "Hiring someone of Tom's caliber and experience is a real coup for Mimeo.com and indicates the emergence and attraction of our brand to high profile senior executives nationwide. Tom's energy, experience, and know-how will accelerate Mimeo.com's growth in the online, on-demand market nationally while helping us expand into key international markets."

"I am honored that Mimeo.com has entrusted me with this amazing opportunity during such a pivotal time in the evolution of the company," stated Karrat. "I believe that Mimeo.com has only tapped the surface of its potential. With new products, international expansion, and an even more aggressive sales and marketing organization, I am convinced that there are no limits to Mimeo.com's continuing growth and development."

Mimeo.com executes this key hire directly on the heels of several company achievements and milestones, including being named to the Deloitte Fast 50 and 500 lists, the Inc. 5,000 and the recent round of funding led by Goldman Sachs Principal Strategies Group.

Karrat Biographical Information

Prior to joining Yahoo HotJobs, Karrat served as General Manager of StorageApps where he managed Worldwide OEM and Channel Sales, business development, customer service, and field marketing. He was also a member of the five person executive team that sold Storage Apps to Hewlett Packard in 2001.

Karrat began his career at EMC Corporation as a co-op student when the company had revenues of $150 million and rose to the level of managing the largest division within EMC with responsibility for nearly $1 billion in annual sales and an organization of over 500 sales, consulting, and systems engineering personnel.

Karrat holds a Bachelors Degree in Business Administration with a Major in Management from Northeastern University.

About Mimeo.com

Mimeo.com is both the fastest growing company in the digital printing market, and among the fastest growing private companies in the country. It has achieved more than 50% revenue growth with expanding margins in each of the last four years. Mimeo.com has accomplished this completely organically and without yet tapping the even larger international markets.

Mimeo.com is the innovator of online, on-demand printing for business documents and marketing materials. Founded in 1998, Mimeo.com has revolutionized the traditional print industry, enabling busy professionals to enjoy total control over the preparation, printing and overnight delivery of their documents without ever leaving their desks. Every print order is printed, bound and delivered from Mimeo.com's centralized, highly automated 140,000 square foot production facility, ensuring consistency, superior quality and quick turnaround for each and every order.

Mimeo.com allows companies to operate in real-time by placing orders online and on-demand, meeting their printing needs with speed and efficiency while guaranteeing next-day delivery in North America on any order placed by 10:00 p.m. ET. Mimeo.com has received numerous accolades for technology, innovation, and rapid growth including such honors as the Red Herring 100, Inc.500 and Inc. 5000, AlwaysOn100, Deloitte Fast 50 and Deloitte Fast 500 awards. Clients range from small and mid-sized businesses to Fortune 50 companies, including Burger King, Citigroup, Delta, and Pfizer.