GSI Commerce Supports Levi’s® Brand Online Store with E-Commerce Solution
KING OF PRUSSIA, Pa., Oct. 5, 2005 – GSI Commerce Inc. (Nasdaq: GSIC) today announced that it has supplied an e-commerce solution in support of the Levi’s® brand Web store http://www.levisstore.com, which recently launched for online shoppers in the United States.
In the second quarter of this year, GSI Commerce signed a multiyear agreement with the Levi’s® brand to provide the apparel marketer with core online technology, fulfillment, customer care operations and CRM services.
The brand’s online store showcases the full line of Levi’s® brand products found in the Levi’s® brand retail stores. This will include a full range of Levi’s® products, from the brand’s iconic 501® Original jean and other Levi’s® Red Tab™ products, to the brand’s premium and Levi’s® Vintage clothing collections.
“We are proud and excited to partner with the Levi’s® brand,” said Damon Mintzer, executive vice president of sales for GSI Commerce.
About GSI Commerce
GSI Commerce is a leading provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. We provide solutions for our partners through our integrated e-commerce platform, which is comprised of three components: core technology, supporting infrastructure and partner services. We either operate, or will operate pursuant to signed agreements, all or portions of the e-commerce businesses for approximately 50 partners.
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 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, the impact of FASB 123(R), 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 and the timing of its establishment, extension or termination of its relationships with strategic partners, 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 SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by GSI Commerce.
Contact:
Michael Conn
Senior Vice President, Corp. Development
tel: 610-491-7002
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Greg Ryan
Director, Corp. Communications
tel: 610-491-7294
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