Beautifully engraved Certificate from e-stamp
in 2001. This historic document was printed by the Security Columbian Banknote Company and has an
ornate border around it with a vignette of the company's logo. This item has the printed signatures of the company's officers.
On April 20, 2001, E-Stamp announced that it had entered into a merger agreement to acquire online learning provider, Learn2.com. Under the terms of the merger agreement, E-Stamp expects to issue between 0.457 and 0.485 of a share of E-Stamp common stock for every share of Learn2.com common stock held by Learn2.com shareholders. Upon consummation of the merger, current E-Stamp shareholders will hold approximately 50.1% of E-Stamp, current Learn2.com shareholders will hold approximately 33.23% of E-Stamp, and the holder of Learn2.com's $10 million convertible debenture will hold approximately 16.67% of E-Stamp. Following the merger, E-Stamp intends to change its name to Learn2 Corporation and focus on the growing online learning market. E-Stamp expects that the merger will close by the end of September 2001.
On September 26, 2001, the E-Stamp Corporation announced they had completed their merger after receiving the affirmative vote of a majority of their stockholders.
Each share of Learn2.com common stock outstanding immediately prior to the merger was converted into 0.4747 of a share of E-Stamp common stock.
In connection with the merger, E-Stamp has changed its name to Learn2 Corporation and expects to begin trading under the symbol LTWO effective Thursday, September 27, 2001. "The impact and importance of E-learning will now, more then ever be discovered as companies cut back on travel and outside expenses," said Robert (Bo) Ewald, Executive Chairman of Learn2 Corporation. "Both the standard and custom content delivered with Learn2's technology and hosting capabilities will meet the demanding requirements of this new environment; and enable companies to communicate with employees and customers worldwide in a high impact, engaging, and effective manner."
"Closing the merger with E-Stamp will provide Learn2 with the necessary resources and working capital we need to forge ahead in the E-Learning market," said Stephen P. Gott, Learn2 Chief Executive Officer. "Companies are looking for cost-effective learning solutions for employees and customers, and Learn2 is in the position to deliver cutting-edge e-learning products and services that can address their global learning needs. Learn2 is well positioned to become the potential leader in the e-learning market."
Learn2 creates and distributes e-learning products and services for corporate, government, educational and individual clients. The Learn2 suite of products includes hundreds of off-the-shelf courses that allow interactive multimedia and animated courseware to be accessed instantly on the Web. These courses are also delivered on CD-ROM and video. The Learn2 Web site is home to an e-learning community that provides tips and step-by-step instructions on a broad spectrum of skills, activities and tasks, as well as immediately accessible multimedia tutorials. Corporations have access to the same high quality tutorials through Learn2University, which includes additional features such as reporting and administration. For more information, call 800-214-8000. Learn2 is located at www.learn2.com and Learn2University is located at www.learn2university.com.