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Separate CEOs for Daisytek and PFSWeb announced:

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Daisytek also announced that it currently expects to receive a response to its ruling request with the Internal Revenue Service with regards to the tax-free status of the PFSweb spin-off within four to six months. Daisytek, which continues to own 80 percent of PFSweb, is proceeding diligently with its previously announced plans to complete the spin-off of its remaining ownership of PFSweb in calendar year 2000. More information about the impact of this process to Daisytek shareholders is available at

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