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Stampin' Up! Celebrates 15 Years

January 21, 2003

Stampin' Up! Celebrates 15 Fabulous Years

Governor Mike Leavitt Helps Launch the Company's 15th Year Festivities

Salt Lake City, Utah (January 21, 2003) - Stampin' Up!®, one of the nation's leading manufacturers of decorative rubber stamps and accessories, is celebrating an important milestone - its 15-year anniversary. The scrapbooking and rubber stamping industries have grown into a $1.4 billion national phenomenon and Stampin' Up!, a $150 million business, has helped fuel the growth.

"This is a very exciting milestone in Stampin' Up!'s history," said Shelli Gardner, cofounder and CEO of Stampin' Up! "It's a wonderful time to reflect on key accomplishments and commemorate our success with everyone who has contributed to every achievement leading up to our 15-year celebration including demonstrators, consumers, vendors, the community and of course, employees."

In 1988, Gardner invested her family's savings to begin Stampin' Up! The company grew from selling rubber stamps designed by other companies to custom designing, manufacturing and selling its own exclusive designs of rubber stamp sets and accessories. The Stampin' Up! product catalog has grown from 64 pages to 256 pages and offers a unique line of paper, markers, stamp pads and accessories in the company's 48 exclusive colors. During the early years, Gardner filled orders from her living room and had 78 demonstrators (sales force). Now, 15 fabulous years later, the company touts almost 30,000 demonstrators, four offices throughout the United States and Canada, 425 employees and an annual growth rate of 30 percent. Sales for 2003 are forecasted to be $190 million.

"If the first 15 years are any indication of the future, our next 15 years should be remarkable! Our goal is to become the best known company in the world for helping others share creativity," Gardner added.

The 15-year anniversary celebration was officially launched at Stampin' Up!'s annual Leadership Conference in Salt Lake City, January 9-10. Governor Mike Leavitt enthusiastically welcomed more than 700 of Stampin' Up!'s "Best of the Best" demonstrators to Utah and provided insights on time management, which complemented the event's theme of "Life in Balance."

Stampin' Up!'s 15 Fabulous Years! celebration will continue throughout 2003 with the addition of a specially designed 15-year logo, special promotions, product launches and a big commemoration at the yearly convention in July with an estimated attendance of 7,000 Stampin' Up! demonstrators.

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