said today its Internet postage business "remains a viable emerging opportunity" and that the company remains in "a strong position" to grow and achieve profitability.
The Santa Monica, Calif., company's statement came a day after its rival
announced plans to phase out its Internet postage product line.
Shares of Stamps.com were recently trading lower by 3.3%, or 9 cents, to $2.81 on the
. E-Stamp fell 3 cents, or 7.7%, to 38 cents.