GSI Commerce CEO to Speak at the Fourth Annual Goldman Sachs Internet Conference

KING OF PRUSSIA, PENNSYLVANIA, May 20, 2003 - GSI COMMERCE, INC. (NASDAQ: GSIC), a leading outsource solution provider for e-commerce, announced today that Michael G. Rubin, Chairman and CEO of GSI Commerce, Inc., will speak at the Fourth Annual Goldman Sachs Internet Conference on Thursday, May 22, at 2:45 p.m. Pacific Time. The conference is being held at the Venetian Hotel In Las Vegas, Nevada. After Mr. Rubin’s presentation, a webcast replay will be available starting May 23, 2003 until the end of business day June 21, 2003. To access the recording go to www.gsicommerce.com and select the link to “GSI Commerce CEO to Speak at Fourth Annual Goldman Sachs Internet Conference.”

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 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”, 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 industry and markets in which GSI Commerce 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 those 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 GSI Commerce operates, changes affecting the Internet and e-commerce, the ability of GSI Commerce to maintain relationships with strategic partners and suppliers, the ability of GSI Commerce to timely and successfully develop, maintain and protect its technology 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 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 those forward-looking statements, except as otherwise specifically stated by GSI Commerce.

Contact:

Media Contact:
Dawn Fryer
Corporate Communications Coordinator
GSI Commerce, Inc.
(610) 491-7013
fryerd@gsicommerce.com