LOUISVILLE, Ky., April 30, 2012 (GLOBE NEWSWIRE) -- CafePress Inc. (Nasdaq:PRSS), The World's Customization Engine™, and the State of Kentucky, today announced an agreement made possible by the Kentucky Cabinet for Economic Development. This agreement represents a commitment for $16.5 million in investment by CafePress to expand the existing 140,000 square foot production facility by an additional 185,000 square feet, and a plan to create 592 new full-time jobs in Kentucky over the next 10 years. This agreement will also bring the company's global headquarters to Louisville and cement an ongoing positive relationship between the company and the great state of Kentucky.
This announcement, made at a press conference this morning at 10:30AM ET by Kentucky Governor Steve Beshear, Louisville Mayor Greg Fischer, Congressman John Yarmuth, Eileen Pickett, Executive Vice President Greater Louisville, Inc., and CafePress CEO Bob Marino, demonstrates the dedication CafePress has to its relationship with Kentucky and to create more production jobs in the United States.
"Today marks a continued commitment to our relationship with the great state of Kentucky as we bring our global headquarters to Louisville and cement the path to new jobs," said CafePress CEO Bob Marino. "And, this move makes CafePress Inc. the first publicly traded E-commerce Company to be headquartered in the Commonwealth."
Louisville has been home to CafePress' premiere production facility since 2005 when CEO Bob Marino joined the local team and helped build the flagship plant. CafePress recognizes and appreciates that a significant portion of their success is due to the hard work of its Kentucky employees.
About CafePress (PRSS)
CafePress Inc. is The World's Customization Engine™. Launched in 1999, CafePress empowers individuals, groups, businesses and organizations to create, buy and sell customized and personalized products online using the company's innovative and proprietary print-on-demand services and e-commerce platform.
Today, CafePress' portfolio of e-commerce websites includes CafePress.com, CanvasOnDemand.com, GreatBigCanvas.com, Imagekind.com, InvitationBox.com, and Logosportswear.com.
The CafePress logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12183