Stock Watch: Microsoft Deal Boosts

On Monday, shares of online postage company (Nasdaq: STMP) soared 4-3/8 to 35 — a gain of more than 14 percent — after the company announced a significant distribution deal with Microsoft. Under the terms of the deal,’s service will be offered via the Microsoft Office Update Web site. Customers will be able to download’s free software directly from the Microsoft Office Update download Catalog.

The deal with Microsoft is notable because Microsoft has an equity stake in E-Stamp, which is a direct competitor to Microsoft’s endorsement of may actually end up helping E-Stamp. After all, the deal with Microsoft has boosted’s market value. E-Stamp, meanwhile, has recently filed for an initial public offering. A favorable valuation for could result in a favorable valuation for E-Stamp, which would, of course, be good for Microsoft.

In a related announcement, said that its service will be available nationwide on September 27th. and E-Stamp recently received approval for its technology from the U.S. Postal Service.

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