Borderfree Files Registration Statement for Proposed Initial Public Offering

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NEW YORK, Feb. 18, 2014 (GLOBE NEWSWIRE) -- Borderfree, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be sold in the proposed offering has not yet been determined.

Credit Suisse and RBC Capital Markets will serve as joint book-running managers for the proposed offering. Pacific Crest Securities, Canaccord Genuity, William Blair, and Needham & Company will act as co-managers for the proposed offering.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, can be obtained from Credit Suisse Securities (USA) LLC, Prospectus Department, at Eleven Madison Avenue, Level 1B, New York, New York 10010, and by phone at (800) 221-1037 or by emailing newyork.prospectus@credit-suisse.com; or RBC Capital Markets, Attention: Prospectus Department, Three World Financial Center, 200 Vesey Street 8th Floor, New York, NY 10281, telephone, (877) 822-4089.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

CONTACT: Investor Relations: Denise Garcia ICR, Inc. (203) 682-8335 Denise.Garcia@ICRInc.com Media Relations: Jennifer Raezer Borderfree (646) 588-2731 jennifer@borderfree.com

Source:Borderfree, Inc.