GSI Commerce Announces Fourth Quarter Fiscal 2003 and Full Fiscal Year 2003 Conference Call

KING OF PRUSSIA, PENNSYLVANIA, January 28, 2004 – GSI COMMERCE, INC. (NASDAQ: GSIC), a leading outsource solution provider for e-commerce, has scheduled a conference call on Wednesday, February 18, 2004, at 4:45 p.m. EDT, to discuss the Company’s operating results for the fourth quarter fiscal 2003 and full fiscal year 2003. GSI Commerce will issue a news release announcing the Company’s fourth quarter fiscal 2003 and full fiscal year 2003 results at approximately 4:05 p.m. EDT on February 18, 2004. For access to the conference call, please call 1-888-928-9510 by 4:30 p.m. EDT on February 18, 2004. The password is “Commerce” and the leader’s name is “Michael Rubin.” A tape recording of the conference call will be available, starting one hour after the completion of the call, until end of business March 1, 2004. To access the recording, please call 1-800-262-4960.

Live audio of the conference call will be simultaneously broadcast over the Internet at the Company’s Web site, www.gsicommerce.com. In addition, the broadcast will be available through www.streetevents.com, on both the institutional and individual investor Web sites. A replay of the Webcast will be available for a limited time.

About GSI Commerce
GSI Commerce is a leading outsource solution provider for e-commerce. The company develops and operates e-commerce businesses for retailers, branded manufacturers, media companies, television networks and professional sports organizations. The GSI Commerce platform includes Web site design and development, e-commerce technology, customer service, fulfillment, merchandising, content development and management, and online and database marketing.

Forward-Looking Statements
All statements to be made in the conference call, including those in the tape recording, live audio, and Webcast replay of the call, other than statements of historical fact, will be forward-looking statements. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “may”, “plan”, “will”, “would”, “should”, “guidance”, “potential”, “continue”, “project”, “forecast”, “confident”, “prospects”, 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 and the industries and markets in which the company operates. 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 stock market and the industries in which the company operates, changes affecting the Internet and e-commerce, the ability of the company to develop and maintain relationships with strategic partners and suppliers, the ability of the company to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of the company to attract and retain qualified personnel, the ability of the company to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. 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 Securities and Exchange Commission. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by GSI Commerce.

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Contact:

Investor Contact:
Jordan M. Copland
Executive Vice President and Chief Financial Officer
GSI Commerce, Inc.
(610) 491-7000
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Media Contact:
Stephanie Larkin
Corporate Communications
GSI Commerce, Inc.
(610) 491-7013
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