Mimeo.com® Closes $9 Million in Funding; Accelerates Growth in On Demand Print and Document Services Market
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[April 26, 2005]

Mimeo.com® Closes $9 Million in Funding; Accelerates Growth in On Demand Print and Document Services Market

New York, (April 19, 2005) � Mimeo.com, Inc., the leading online provider of Documents On Demand, today announced it closed a series E round of equity and debt financing totaling $9 million. Equity investments totaled $5.8 million, led by HarbourVest Partners, LLC, followed by Draper Fisher Jurvetson, Draper Fisher Jurvetson Gotham and additional private investors. GE Commercial Finance Technology Lending provided $3.2 Million in debt financing. Today�s funding announcement brings Mimeo.com�s total funding to date to over $50 million in debt and equity financing. Mimeo.com will use the new funding to expand its nationwide sales force and continue growing large corporate accounts that benefit from using online services to create, print and distribute their critical business documents.



�Since its inception, the company�s revolutionary technology and document production SuperHub have transformed the way people print documents,� said Peter Lipson, Vice President, HarbourVest Partners, LLC. �Its intuitive interface and on demand offering make Mimeo.com the easiest way to �build� and order professionally printed, bound documents for delivery as early as the next morning, within minutes of an individual�s first visit to www.mimeo.com.�

�Business is booming,� said John Delbridge, CEO of Mimeo.com. �We are light years ahead of the competition due to our Document SuperHub and other patented technologies we introduced in 2000. We are profitable and continue to experience record-breaking revenue, quarter after quarter. The new funding plays a critical role in staying well ahead of the competition with the innovative and convenient document services that our ever-growing customer base has learned to expect from Mimeo.com.�



Currently Mimeo.com provides services to thousands of businesses, including 800 enterprise accounts like Blackboard, Charter One Financial, CitiGroup, Hewlett-Packard, jetBlue, Perot Systems, Pfizer, Siemens Medical, and TD Waterhouse. Within those organizations, Mimeo.com customers span a broad spectrum of departments and functional areas, including Training/HR to Sales/Marketing professionals, from RFP Response Teams to Meeting/Event Planners and Product Marketing specialists. Customers use expert services from Mimeo.com to streamline the document production lifecycle, which enables them to focus on activities with more strategic value.

Key to its success is the �Document Superhub� model that Mimeo.com pioneered as a critical complement to its technology. To leverage that technology, Mimeo.com focuses on a single, highly automated facility to automate the �last mile� of the document lifecycle for its customers: from file creation, customization, digital archiving and document sharing, through print production, assembly and final-destination delivery of finished documents. This central facility is linked to customers through an Internet browser, so customers can instantly create and order documents on demand, right from their PC, without messy software installations, printing equipment, or costly maintenance fees.



The Document SuperHub method and evolved technology infrastructure trumps competitive �first generation� On Demand Print Services that require users to upload or e-mail files to be printed at their nearby copy center, but offer little in the way of enhanced services, such as digital libraries and document sharing among work groups. With several generations of development since its initial offering, Mimeo.com�s pay-as-you-go services have become more intuitive and more enterprise-friendly, and they remain instantly available, with no extensive software deployment schedules. Customers enjoy higher quality documents, markedly improved workflows, and significantly increased visibility and control of document production activities, by individuals and organizational units.



About GE Commercial Finance Technology Lending

A unit of Global Media & Communications, Technology Lending provides debt financing to businesses who are backed by institutional or professional investors. Sector focuses include: Communications, Content/Media, Electronics, Clean Energy, Hardware, Information Technology, Logistics, Semiconductor, Software, Supply Chain Management, and Other Emerging Technologies. www.getechnologylending.com. GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $230 billion and is headquartered in Stamford, Connecticut. General Electric (NYSE: GE) is a diversified technology, media, and financial services company dedicated to creating products that make life better. For more information, visit the company's website at www.ge.com.

About HarbourVest Partners, LLC
HarbourVest Partners, LLC is an independent global private equity investment firm and registered investment advisor, providing vehicles for institutional investors to invest in the venture capital and buyout markets in the U.S., Europe, and elsewhere through primary partnerships, secondary purchases, and direct investments. HarbourVest and its subsidiaries have 125 employees, including 53 investment professionals, deployed in Boston, London, and Hong Kong. In over 20 years investing limited partners' capital, the team has committed more than $9.8 billion to newly formed funds, representing relationships with 200 private equity managers. The team has also completed over $2.8 billion in purchases of 400 secondary partnership interests, and invested $2.1 billion directly in operating companies. The firm's clients include over 200 pension funds, endowments, foundations, and financial institutions throughout the U.S., Canada, Europe, Australia, and Japan. To learn more about HarbourVest visit www.harbourvest.com.

About Mimeo.com

Headquartered in New York City and founded in 1998, Mimeo.com is the leading online provider of On Demand Document Services for business users who want superior documents without compromising convenience, control or cost. Mimeo.com offers four core document services � creation, production, distribution and management � linked seamlessly together using digital automation technology and delivered instantly to the user through a web browser. Mimeo.com automates the cumbersome stages of the document lifecycle, enabling employees to focus on more productive and strategic activities and allowing companies to realize tangible bottom-line improvements. Mimeo.com produces and fulfills orders from a centralized production facility, a Document SuperHub, located in Memphis, TN, to enable quick turnaround, regardless of customers� requirements, and ensure quality levels that far exceed industry standards. Mimeo.com can be contacted at 1-800-GO-MIMEO or www.mimeo.com.

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