(Lynbrook, NY, April 9, 2001) Staples.com, a division of Staple’s Inc. (NASDAQ:SPLS) has selected MyReceivables.com, the leading provider of online accounts receivable funding and management and technology services, announced today to provide its financial services are available on Staples.com at its online Business Solutions Center. Staples.com is Staple’s electronic marketplace, providing office supplies, services, content and community over the Internet.

Under the agreement, MyReceivables.com will be the exclusive provider of accounts receivable funding and management services available to small businesses at Staples.com. The offering is part of Staples’ Business Solution Center where business can find a variety of contacts and resources for operating and managing a business.

Staples Inc.’s (NASDAQ:SPLS) electronic marketplace that provides office supplies, small business services, content and community over the Internet. "We are pleased to be able to offer a comprehensive accounts receivable funding and management program through MyReceivables.com to the thousands of business visitors to our site each day Cash flow is a critical small business concern," said J.B. Lyon, vice president of business services for Staples.com. "Staples.com is excited to offer MyReceivables.com offers small businessesto help our small business customers a great way to effectively manage their cash flow online-often eliminating the 30 to 90 day period of awaiting payment from customers."

MyReceivables.com provides businesses with instant cash against their accounts receivable through its integrated web-based platform. In addition to providing receivables funding, the company offers invoicing and statement processing, collections and reporting through its easy-to-use Internet interface. MyReceivables.com also provides proprietary online payment and transaction processing technology offering a variety of custom credit purchasing programs for consumer and business-to-business Internet transactions. MyReceivables.comThe company is backed by CDS Companies, a firm with a successful 28-year history.

"Business owners know that cash flow is critical to success," said Leonard Leff, president and chief executive officer of MyReceivables.com "MyReceivables.com gives our approved partners access to financial management services and A/R funding with weekly / bi-weekly electronic deposits, giving those businesses the competitive edge needed in today’s marketplace."

About Staples.com
Staples.com, a division of Staples Inc. (NASDAQ: SPLS), is an award-winning business-to-business electronic marketplace offering a comprehensive solution for the office needs of business customers. Staples.com currently provides an electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of Staples Inc.’s e-commerce sites: Staples.com, Quill.com and StaplesLink.com, as well as its Canadian e-commerce business.

About MyReceivables.com
MyReceivables.com, a member of CDS Companies established in 1972, began offering its services online in early 2000. The company is the first provider of a full range of online accounts receivable services. This includes accounts receivable management and funding, technology, virtual credit cards, billing, collections, and database marketing, making it the Internet’s leader for small business accounts receivable funding and management. CDS Companies is a New York-based financial services and technology company. For more information, visit the company’s web site at http://www.MyReceivables.com or call Leonard Leff, president and chief executive officer, at 1-800-338-7353.