PhotoAccess.com Goes Global With Digital Photo Print Service in Japan

Corporate Subsidiary Will Provide Japanese Consumers With the Most Convenient Service for Processing Top Quality Prints from Digital Photos

Mountain View, CA, April 6, 2000
PhotoAccess.com Corporation, a leading Internet provider of film-quality prints from digital photos, today announced the formation of its Asia-Pacific headquarters in Tokyo, Japan. The Asia-Pacific subsidiary, which has now been officially incorporated, is a significant first step in PhotoAccess' rapid globalization strategy to bring its services into Internet-savvy international markets. Based on the model and technology that has made the U.S. Web site a success, the new site is being customized to meet the specific needs of the Japanese culture and marketplace. The PhotoAccess.com service will continue to remove the barriers to obtaining high-quality prints from digital photos and provide Japanese consumers with the most convenient, cost-effective way to obtain film-quality prints via the Internet.

"Unit sales of digital cameras in Japan are expected to reach 2.5 million this year, with that figure rising to 6 million in 2003," said Michelle Lampmann, Marketing Research Analyst with InfoTrends. "The early adoption and success rate of digital cameras in Japan points to the potential of this mature market for digital photo processing and service providers."

"There is clearly a huge opportunity in the Japanese market for digital photo processing via the Web," said Barry Schiffman, president of JAFCO America. "We made our investment in PhotoAccess.com based on both the team's track record of building winning products and successful companies, and the great market opportunity they are addressing with this service."

"The advent of our Asia-Pacific headquarters and pending Japanese site launch underscores our unique, rapid globalization strategy," said Mark Huffman, president of PhotoAccess.com Japan. "Our unique scalability and proprietary automated dispatching and workflow system allows us to meet the needs of customers globally, without compromising quality and convenience. PhotoAccess.com is proud to be the first U.S. mover into Japan, the world's largest digital imaging marketplace."

Headquartered in Mountain View, California, PhotoAccess.com is funded by several prestigious Silicon Valley investors and venture capital firms including AVI Capital, Allegro Capital, and Tim Draper of Draper, Fisher, Jurvetson. The company has also received an investment from JAFCO, associated with Japanese Nomura Group's top venture capital firm. JAFCO, a leading supporter of Japan's technology revolution, is respected worldwide for funding many successful start-ups.

About PhotoAccess.com's Japan Service
Availability of the PhotoAccess.com Japanese service, www.PhotoAccess.co.jp, is anticipated in the second quarter of this year. PhotoAccess will provide Japanese consumers with easy digital photo-to-Web upload capabilities, album creation and sharing, a wide variety of photo merchandise, and cost-effective film-quality prints in multiple sizes.

About PhotoAccess.com
Founded in 1997, PhotoAccess.com Corporation provides partner destination sites and consumers worldwide with the most convenient, cost-effective way to obtain film-quality prints from digital photos. The privately funded company is headquartered in Mountain View, California, with offices in Seattle, Washington, and Tokyo, Japan. For more information on PhotoAccess.com and its products, please visit the U.S. Web site at www.PhotoAccess.com.

Tamsen Reinheimer
Price PR
650-829-5800
treinheimer@pricepr.com

Tracy Abad
PhotoAccess.com Corp.
(650) 965-6340
tabad@PhotoAccess.com