Borderfree Prices Initial Public Offering

NEW YORK, March 21, 2014 (GLOBE NEWSWIRE) -- Borderfree, Inc. (Nasdaq: BRDR) today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Market under the ticker symbol "BRDR" on Friday, March 21, 2014. In addition, Borderfree has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares to cover over-allotments, if any.

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

A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. The offering is made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained, when available, 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 [email protected]; or RBC Capital Markets, Attention: Prospectus Department, Three World Financial Center, 200 Vesey Street 8th Floor, New York, NY 10281, telephone, (877) 822-4089.

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
         (203) 682-8335
         [email protected]

         Media Relations:
         Jennifer Raezer
         Borderfree
         (646) 588-2731
         [email protected]

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