GSI Commerce Appoints Jim MacIntyre to Lead Global E-commerce Technology Business

Download the PDF Download the PDF

KING OF PRUSSIA, Pa., April 15, 2010 – GSI Commerce Inc. (Nasdaq: GSIC), the leading provider of e-commerce and interactive marketing solutions, today announced that Jim MacIntyre will assume leadership of the company’s global e-commerce technology products and services business. MacIntyre, a 20-year technology industry veteran, has served as special technology advisor since May, 2009 to Michael Rubin, GSI’s founder and CEO.

“As one of the best product, marketing and technology visionaries I have ever met, Jim has a proven track record in developing and building successful leading-edge technology companies,” said Rubin.  “I’m thrilled to have Jim lead the technology strategy and delivery for our global e-commerce business.  For the past year he has been instrumental in crafting GSI’s long term product and service strategy and I know he will provide a relentless focus on innovation, product leadership and client satisfaction that will continue to fuel our growth.”

MacIntyre co-founded and served as CEO of Visual Sciences, a leading provider of real-time customer and web analytics applications until February, 2008, when the company was acquired by Omniture, Inc. for $396 million.  Before Visual Sciences, MacIntyre founded, operated or directed multiple software, service, e-commerce, telecommunications and financial service companies. MacIntyre has been an inventor of several patented technologies, and has served at more than ten companies as CEO, CTO and/or as a Director.

“Over the past 11 years GSI has built a company that is the clear leader in e-commerce and marketing services,” said MacIntyre.  “I’m excited to step into a role at GSI where I can drive product innovation and service delivery and help GSI capitalize on its global market opportunity through the next era of its growth.”

MacIntyre succeeds Stephen J. Gold who served as executive vice president and chief information officer since February, 2005 and as corporate chief technology officer since October, 2009.  Gold will remain with GSI as an Executive Vice President supporting Rubin on various initiatives.   

About GSI Commerce
GSI Commerce® is the leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer (b2c) enterprises in the U.S. and internationally. We deliver customized solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care and is available on a modular basis or as part of an integrated, end-to-end solution. We offer a full suite of interactive marketing services through two divisions, TrueAction™ and e-Dialog. Additionally, we provide brands and retailers a platform for online private sales through RueLaLa.com, and an online, off-price marketplace, SmartBargains.com.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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,” “opportunity,” “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 clients 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 clients, 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, and the ability of GSI Commerce to successfully integrate its acquisitions of other businesses 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 SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.

###

Contact:
GSI Commerce, Inc.
Media
Kelly Henry
610.491.7474
news@gsicommerce.com

Investors
Steve Somers, CFA
610.491.7068
ir@gsicommerce.com