Newell Rubbermaid Forms Technology Global Business Unit

ATLANTA, July 18, 2007 /PRNewswire-FirstCall/ -- Newell Rubbermaid Inc. (NYSE: NWL) today said that it has organized its technology solutions businesses into a Global Business Unit to capitalize on anticipated growth opportunities in small office/home office markets. This comes following the recent completion of the acquisition of PSI Systems, Inc., providers of Endicia(R) Internet Postage. Terms of the deal were undisclosed.

"The acquisition of Endicia is an important step in the evolution of Newell Rubbermaid. This transaction helps us leverage our other technology brands including DYMO(R), CardScan(R), Mimio(R) and Pelouze(R) to create a Technology Global Business Unit within our Office Products group," said Mark Ketchum, President and CEO of Newell Rubbermaid. "Endicia is an intriguing addition to our existing technology portfolio, strengthening an emerging growth platform."

Many of the more than 25 million small office/home office (SOHO) and medium sized businesses in the U.S. rely on technology to help them lower costs and compete against larger organizations. A study by International Data Corporation found that small businesses and home offices account for 40 percent of all technology investment in the U.S. Market research suggests small business offices in fields such as real estate, health care, insurance and accounting could save time and money with an integrated shipping and mailing solution.

Headquartered in Palo Alto, California, PSI Systems, through its Endicia Internet Postage service, is a leading supplier of Internet mailing and shipping solutions used by small offices and home offices. With Endicia products and services, users can print postage from their computers, track packages and create Customized PC Postage(TM). PSI Systems is the Internet postage partner of Newell Rubbermaid's DYMO Stamps (http://www.dymostamps.com/), which launched in May of 2006.

Steve Marton, Newell Rubbermaid's Group President -- Office Products, added, "We continue to develop solutions to meet the changing needs of our consumers. The acquisition of Endicia is an important piece of our strategy of offering small and medium-sized businesses a full range of shipping and mailing solutions."

Through proprietary technology developed in-house, Endicia processes the most postage out of all United States Postal Service-approved PC Postage(TM) services. Endicia Internet Postage provides users with a full range of convenient and cost-effective shipping and mailing services, allowing them to print USPS approved postage at home or in the office. DYMO Stamps, powered by Endicia, is a service that interfaces with a DYMO LabelWriter(R) to print postage on-demand. Since the introduction of DYMO Stamps in April 2006, consumers have printed more than six million stamps through this system.

"The Endicia team is excited about joining Newell Rubbermaid, a leader in the office products industry. Our products and services strongly complement their existing mailing and shipping solutions for small, medium and home-based businesses," said Harry Whitehouse, founder of PSI Systems.

Newell Rubbermaid's Office Products group is recognized around the world for innovative products that help businesses and consumers communicate, organize and manage their time. The Technology Global Business Unit integrates key parts of the company's technology products and services, including DYMO home, office and industrial label printers (http://www.dymo.com/), CardScan business card scanners and contact management software (http://www.cardscan.com/), Pelouze industrial and package/postal scales (http://www.pelouze.com/), Mimio (http://www.mimio.com/) interactive whiteboard and digital ink recorders and now Endicia Internet Postage (http://www.endicia.com/ and http://www.pictureitpostage.com/).

Caution Concerning Forward-Looking Statements

The statements in this press release that are not historical in nature constitute forward-looking statements. These forward-looking statements relate to information or assumptions about management's plans, projections and objectives for future operations and performance. These statements are accompanied by words such as "expect," "project," "will," "believes," "estimate" and similar expressions. Actual results could differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, the business and legal risks associated with the PSI Systems business, including the potential adverse consequences of intellectual property litigation in which PSI Systems is a defendant, our dependence on the strength of retail economies; competition with other manufacturers and distributors of consumer products; major retailers' strong bargaining power; changes in the prices of raw materials; our ability to develop innovative new products and to develop, maintain and strengthen our end-user brands; our ability to expeditiously close facilities and move operations while managing foreign regulations and other impediments; our ability to implement successfully information technology solutions throughout our organization; our ability to improve productivity and streamline operations; the risks inherent in our foreign operations and those factors listed in the company's 2006 Annual Report on Form 10-K, filed with the Securities and Exchange Commission.

About the Company

Newell Rubbermaid Inc. is a global marketer of consumer and commercial products with sales of approximately $6 billion and a strong portfolio of brands, including Sharpie(R), Paper Mate(R), DYMO(R), EXPO(R), Waterman(R), Parker(R), Rolodex(R), IRWIN(R), LENOX(R), BernzOmatic(R), Rubbermaid(R), Graco(R), Calphalon(R) and Goody(R). The company is headquartered in Atlanta, Ga., and has approximately 23,500 employees worldwide.

This press release and additional information about the company are available on the company's Web site, http://www.newellrubbermaid.com/.

* PC Postage(TM) and Customized PC Postage(TM) are trademarks of the U.S. Postal Service.

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