GSI COMMERCE, INC. (NASDAQ: GSIC), a leading outsource solution provider for e-commerce, and DIAMOND.COM (http://www.diamond.com), the preeminent source for certified diamonds, fine jewelry and brand-name watches on the Internet, announced today that Diamond.com has entered into a definitive agreement to acquire certain assets of Ashford.com, including Ashford.com’s trademark, URL, other intangible assets and selected inventory.