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Staples Inc. Executives Honored by Computerworld and CTO Magazine for Leadership and Technological Innovation

Wednesday, April 18, 2001 7:00 am EDT

Dateline:

FRAMINGHAM, Mass.

Public Company Information:

NASDAQ:
SPLS
"We are honored to be recognized by both Computerworld and CTO Magazine, two of the technology industry's top publications, for the tremendous contributions Brian Light and Mike Ragunas have made to Staples' business."

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc., (NASDAQ: SPLS) today announced that its top information technology executives, Brian Light, executive vice president and chief information officer (CIO), and Mike Ragunas, chief technology officer (CTO), have been recognized by two industry leading publications for their technological leadership and expertise. Light was named by IDG's Computerworld as one of the industry's Premier 100 IT Leaders. Separately, CTO Magazine, a new quarterly publication from InfoWorld, named Mike Ragunas in its Top 25 CTOs listing. Both honors recognize executives whose innovative uses of technology have had a positive impact on their respective fields and industries. Staples was the only office supply retailer to be selected by Computerworld and CTO Magazine.

"Staples consistently strives to leverage technology to better serve our customers, streamline business processes and cut costs," said John Mahoney, executive vice president and chief administrative officer of Staples. "We are honored to be recognized by both Computerworld and CTO Magazine, two of the technology industry's top publications, for the tremendous contributions Brian Light and Mike Ragunas have made to Staples' business."

Staples CIO, Brian Light Named One of Computerworld's Premier 100 IT Leaders

Computerworld's Premier 100 IT Leaders issue recognized Brian Light for exceptional technology leadership, innovative approaches to business challenges and effective execution of comprehensive IT strategies. Light was selected from hundreds of nominees who most closely matched Computerworld's Leadership Index, a set of characteristics that describes business and technology people who guide the effective use of IT in their organizations.

"In today's global e-Business economy, IT leaders face not only technology barriers, but also cultural, political and regulatory roadblocks," said Maryfran Johnson, editor in chief, Computerworld. "The Premier 100 recognizes the visionary and innovative contributions of individuals who leverage best practices and leadership skills to overcome these business challenges and enhance their companies' competitiveness."

Staples.com CTO, Mike Ragunas Named One Of "Top 25 CTOs"

Based on his ability to define and execute new business models, technology innovation and impactful decision-making, the editors of CTO Magazine, InfoWorld's new quarterly supplement, named Mike Ragunas to the first annual listing of their Top 25 CTOs. Ragunas was selected from a preliminary list of more than 100 CTOs. The report is featured in CTO Magazine, which premiered on March 26, 2001.

"Over the past few years, as the landscape of e-business has changed, we have taken a special interest in the role of the CTO," said Michael Vizard, editor in chief of InfoWorld, Infoworld.com and CTO Magazine. "Mike Ragunas has been recognized for his leadership in shaping the technology and strategies for Staples' online business, skillfully weaving technological innovations with on-target business decisions to maximize returns on investments in technology."

About Computerworld

Computerworld, Inc. is a complete information services company for the IT Leader community, providing print and online publications, books, conferences and research services. The company's flagship weekly newspaper for IT Leaders has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper. With a circulation of 250,000, Computerworld, has a total audience of 935,200 according to IntelliQuest CIMS v.7.0. News and resources for the IT Leader community are available through Computerworld's Web site at www.computerworld.com. Computerworld is based in Framingham, Mass.

The complete list of Premier 100 IT Leaders can be found in the March 26, 2001 issue of Computerworld and online at www.computerworld.com/premier100.

About CTO Magazine

Today's CTO manages a broad array of devices spanning every corner of the Internet. Whether it's building a new service, managing an extended enterprise or providing the strategic e-business technology insights needed to move quickly in this digital age, every aspect of the economy is affected by IT executives.

Launched to maintain the InfoWorld legacy of helping readers create smart technology strategies and execute those strategies, CTO Magazine is a quarterly publication specifically designed to arm the CTO with the news and analysis needed to connect specific solutions to larger, overarching technology strategies. Our readers depend on CTO Magazine for comprehensive news and analysis that captures what every CTO needs to know to drive business through technology.

About Staples

Staples Inc. is an $11 billion retailer of office supplies, furniture and technology to consumers and businesses from home-based businesses to Fortune 500 companies in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal. Headquartered outside Boston, Staples invented the office superstore concept and today is the largest operator of office superstores in the world. The company has over 50,000 employees serving customers through more than 1,300 office superstores, mail order catalogs, e-commerce and a contract business. More information about the company is available at http://www.staples.com.

Contact:

Staples Inc.
Debby Hohler, 508-253-8509
deborah.hohler@staples.com
or
Schwartz Communications
Doug Russell/Erik Clausen, 781-684-0770
staples@schwartz-pr.com

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