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Stamps.com Co-President and Chief Financial Officer Kyle Huebner Named TechAmerica's Overall Financial Star of the Year(May 23, 2012)
LOS ANGELES, CA -- (Marketwire) -- 05/23/12 -- Stamps.com® (NASDAQ: STMP), the leading provider of USPS® postage online and shipping software to over 400,000 customers, today announced that its Co-President and Chief Financial Officer, Kyle Huebner, was named the 2012 "Overall Financial Star of the Year" by TechAmerica, representing TechAmerica's highest award during their 2nd Annual Financial Stars of the Year awards program in Los Angeles, CA.
"Kyle has been a key part of the management team and overall company effort that drove our revenue and profitability to record levels in 2011," said Stamps.com Chairman and Chief Executive Officer Ken McBride. "He's a dedicated professional who has made countless lasting contributions to our success and we congratulate him on receiving this significant honor from TechAmerica."
"We congratulate Kyle on his performance and leadership as Co-President and CFO of Stamps.com," said Dotty Kaminsky, Director, TechAmerica Los Angeles.
Kyle Huebner joined Stamps.com in 1999 and has been Chief Financial Officer since 2004 and was promoted to Co-President and Chief Financial Officer in 2012. During his tenure as CFO, Stamps.com's revenue has grown from $21 million in 2003 to $102 million in 2011 and profitability has improved from a GAAP net loss of $9.3 million in 2003 to GAAP net income of $26 million in 2011.
Stamps.com (NASDAQ: STMP) is a leading provider of Internet-based postage services. Stamps.com's service enables small businesses, high-volume shippers, enterprise shippers, and consumers to print U.S. Postal Service-approved postage with just a PC, printer and Internet connection, right from their home or office. The Company currently has PC Postage partnerships with Avery Dennison, Microsoft, HP, the U.S. Postal Service and others.
TechAmerica is the leading voice for the U.S. technology industry -- the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,000 member companies of all sizes from the public and commercial sectors of the economy, it is the industry's largest advocacy organization and is dedicated to helping members' top and bottom lines. TechAmerica is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). Learn more about TechAmerica at www.techamerica.org.
Stamps.com, the Stamps.com logo and PhotoStamps® are trademarks or registered trademarks of Stamps.com Inc. All other brands and names are property of their respective owners.
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