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Press release from Business Wire

Team USA Shop celebrates grand opening in Chula Vista, Calif.

<p class='bwalignc'> <i>Staples marks occasion with up to $15,000 donation to assist elite U.S. athletes</i> </p>

Wednesday, June 13, 2012

Team USA Shop celebrates grand opening in Chula Vista, Calif.16:45 EDT Wednesday, June 13, 2012 CHULA VISTA, Calif. (Business Wire) -- The United States Olympic Committee's newest Team USA Shop celebrates its grand opening today with an official “ribbon shredding” ceremony at the U.S. Olympic Training Center in Chula Vista, Calif. This is the second physical retail location for Team USA Shop – the other is located at the U.S. Olympic Training Center in Colorado Springs, Colo. More than 100 Team USA products are available starting today at the new Team USA Shop grand opening. The shop is supplied and managed by Staples Promotional Products, an official premium licensee of the U.S. Olympic Committee. (Photo: Business Wire) Staples is helping the USOC celebrate the store's opening with a donation of up to $15,000 to the “Raise Our Flag” campaign, a program that allows supporters to purchase stitches in the U.S. flag that will accompany the U.S. Olympic Team at this summer's London 2012 Games. Unlike athletes from other countries, U.S. Olympic athletes receive no government funding, making this program an essential tool for funding the team and giving fans a way to become a part of the “Team Behind the Team.” Additionally, proceeds from Team USA Shop sales go directly to supporting U.S. athletes, and Staples Promotional Products, the largest promotional product distributor in North America and a business division of Staples Advantage, manages both retail locations as well as TeamUSAShop.com for the USOC, which is proud to accept only Visa for the purchase of all official Team USA merchandise. Staples Promotional Products also manages co-branded Olympic campaigns for more than 70 percent of all domestic and worldwide sponsors of the USOC. “Staples is committed to helping the USOC raise funds for U.S. athletes not only through our donation to Raise Our Flag and our work with USOC sponsors, but primarily through the management of Team USA Shops,” said Staples Promotional Products Vice President and General Manager Rich Witaszak. “As U.S. athletes prepare for London and beyond, we'll continue to provide gold-medal service at the Team USA Shops and to USOC sponsors.” Beginning at 1:45 p.m., London 2012 U.S. Olympic BMX qualifier Arielle Martin will join USOC CEO Scott Blackmun and Witaszak for a “ribbon-shredding” ceremony to open the new Team USA Shop and kick-off a Foursquare check-in campaign which will help drive part of the $15,000 donation from Staples. For every visitor who uses Foursquare to check-in to the Team USA store in Chula Vista, its sister store in Colorado Springs or at one of 1,500 Staples stores nationwide, Staples will contribute one dollar to the Raise Our Flag campaign. The program will run from June 13-July 12, or until it reaches $10,008 – the equivalent of 834 flag stitches, which are $12 each. In addition, Staples will make a $5,004 direct donation to the campaign (417 stitches) at the Chula Vista store's opening event. “The USOC thanks Staples Promotional Products for its commitment to providing excellent service to Team USA Shop and for going above and beyond in its donation to the Raise Our Flag program,” said USOC Managing Director of Consumer Products and Licensing Peter Zeytoonjian. “We're thrilled to have a presence in Chula Vista and believe the new store and its products will help Americans show their pride for Team USA and, in turn, help fund the training of U.S. athletes.” Images and video from the event will be available for download online in the Staples News Center following the event. LocationTeam USA StoreOlympic Training Center2800 Olympic ParkwayChula Vista, CA 91915 Team USA Shop HoursMonday – Saturday, 9 a.m. – 5 p.m.Sunday, 11 a.m. – 5 p.m. About Staples Advantage Staples Advantage, the business-to-business division of Staples, Inc. (Nasdaq: SPLS), serves organizations of 20 or more employees up to the Fortune 1000, including global businesses, local, state and federal government, healthcare organizations and educational institutions. The Staples Advantage one source solution includes comprehensive products and services from office supplies, technology and printing to promotional products, furniture and facility supplies. Dedicated to providing organizations with greater cost savings and improved ordering efficiencies, Staples Advantage provides a customized level of account support and best-in-class customer service. More information is available at http://www.staplesadvantage.com/. About Staples Staples is the world's largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes, and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media. Follow Staples on Twitter at http://www.twitter.com/staples and on Facebook at http://www.facebook.com/staples. About the USOC Founded in 1894 and headquartered in Colorado Springs, Colo., the U.S. Olympic Committee serves as both the National Olympic Committee and National Paralympic Committee for the United States. As such, the USOC is responsible for the training, entering and funding of U.S. teams for the Olympic, Paralympic, Youth Olympic, Pan American and Parapan American Games, while serving as a steward of the Olympic and Paralympic Movements throughout the country. For more information, visit TeamUSA.org.Follow the USOC on TeamUSA.org, Twitter and Facebook. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50310310&lang=en StaplesNina Akerley, 508-273-3933Nina.Akerley@staples.com