GSI Commerce Extends Successful E-Commerce Relationship with Palm

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KING OF PRUSSIA, Pa., Feb. 6 /-/ -- GSI Commerce Inc. (Nasdaq: GSIC), a leading provider of e-commerce solutions, has extended its e-commerce agreement with Palm Inc., a leader in mobile computing. This agreement includes Web technology, logistics and customer care.

    Since 2002, GSI has developed Palm online stores for both the U.S. and Canada, provided special Web stores in support of Palm business-to-business sales and has created a phone sales operation to handle volume sales of Palm products. GSI has also created a factory outlet section and added third-party accessories for Palm products.

    In December 2006, Palm's Web store was recognized as one of the "Best of the Web's Top 50 Retail Sites" in Internet Retailer's annual tribute to leading retail Web sites. Palm was among three GSI partner sites to earn the accolade from the publisher.

    "Palm is a tremendous partner for GSI," said Steve Davis, senior vice president of partner services for GSI Commerce. "The contract extension with Palm allows both companies to build on our initial success. We look forward to further advancing Palm's brand online."

    Palm's products for consumers, mobile professionals and businesses include Palm(R) Treo(TM) smartphones and Palm handheld computers, as well as software, services and accessories.

    About GSI Commerce

    GSI Commerce is a leading provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. We provide solutions for our partners through our integrated e-commerce platform, which is comprised of three components: technology, logistics and customer care, and marketing services. We provide e-commerce solutions for approximately 60 partners.

    Forward-Looking Statements

    All statements made in this release, other than statements of historical fact, are forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "will," "would," "should," "guidance," "potential," "continue," "project," "forecast," "confident," "prospects," "schedule" and similar expressions typically are used to identify forward-looking statements. Forward-looking statements are based on the then- current expectations, beliefs, assumptions, estimates and forecasts about the business of GSI Commerce. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect GSI Commerce's business, financial condition and operating results include the effects of changes in the economy, consumer spending, the financial markets and the industries in which GSI Commerce and its partners operate, changes affecting the Internet and e- commerce, the ability of GSI Commerce to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment, extension or termination of its relationships with strategic partners, the ability of GSI Commerce to timely and successfully develop, maintain and protect its technology, confidential and proprietary information, and product and service offerings and execute operationally, the ability of GSI Commerce to attract and retain qualified personnel, the ability of GSI Commerce to successfully integrate its acquisitions of other businesses, if any, the performance of acquired businesses and the impact of SFAS 123R. More information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.

    Palm and Treo are among the trademarks or registered trademarks owned by or licensed to Palm Inc.

     Contact:

     Greg Ryan

     Director, Corp. Communications

     tel: 610-491-7294

     e-mail: ryang@gsicommerce.com Bookmark and Share
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