GSI Commerce Chairman and CEO to Present at Piper Jaffray and Goldman Sachs Conferences

KING OF PRUSSIA, Pa., May 12, 2004 – GSI Commerce Inc. (Nasdaq: GSIC) today announced that Michael Rubin, chairman and CEO is scheduled to present at the Sixth Annual Piper Jaffray Technology Conference in New York City on May 20 at 9:40 a.m. EDT, and also at the Fifth Annual Goldman Sachs Internet Conference in Las Vegas, Nev., on May 26 at 11:00 a.m. PDT.

About GSI Commerce
GSI Commerce provides an e-commerce solution enabling retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. The company’s e-commerce solution includes Web site design, e-commerce technology, managed hosting, order fulfillment, customer service, merchandising and order management, online merchandising, customer relationship management, content development and online marketing. The company operates either all or a portion of the e-commerce businesses for more than 40 partners.

Forward-Looking Statements
All statements made in this release and to be made at these conferences, including those in the live audiocast and replays, other than statements of historical fact are or 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 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 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, 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, 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.

Contact:

Greg Ryan
Director, Corp. Communications
tel: 610-491-7294
fax: 610-265-2866
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Stephanie Larkin
Corp. Communications Coordinator
tel: 610-491-7013
fax: 610-265-2866
e-mail: .(JavaScript must be enabled to view this email address)