Meeting of the E-Commerce Minds: Leading Retailers, Brands and Industry Experts Convene for GSI Commerce’s Annual Partner Summit
Summit Explores Strategies that Will Shape the Next Wave of E-Commerce
KING OF PRUSSIA, Pa., Oct. 25, 2007 – Leading e-commerce solutions provider GSI Commerce Inc. (Nasdaq: GSIC) brought together e-commerce, multichannel and consumer retailing experts to exchange ideas on e-commerce strategies, best practices and pragmatic solutions at the 2007 GSI Partner Executive Summit. The annual conference focuses on emerging e-commerce and online marketing themes and provides a forum for retail executives and their peers within the GSI community to explore ways to grow their online and multichannel businesses.
Primary focus areas at this year’s summit included the impact of technology on consumer engagement, embracing multichannel strategies, improving customer experience through advanced Web site design, and strategies for driving incremental revenue. Attendees included executives from GSI’s partner companies, spanning more than 13 retail categories.
The kick-off keynote speaker was renowned author and digital media expert Jeffrey Rayport, Ph.D., who discussed the intersection of retail and technology and presented solutions for deepening consumer engagement in the evolving digital frontier. Additional keynote speakers were Anthony Noto of Goldman Sachs, who shared his thoughts on the key components that drive e-commerce success; Sucharita Mulpuru of Forrester Research, who presented insights into how retailers can influence the future of e-commerce by incorporating core but critical improvements to their Web stores; and Pat Croce, best-selling author and entrepreneur who reminded the audience of the importance of doing right by your customers.
“GSI’s goal with this summit is twofold: first, to keep our partners informed of emerging e-commerce trends and innovative solutions, and second, to harness their collective e-commerce and retail expertise and use that insight for continuous growth for all partners across our GSI network,” said Michael G. Rubin, GSI chairman and CEO. “With a current base of more than 80 partners, GSI manages a meaningful segment of the e-commerce space. For example, during the 2007 peak season we are forecasting a peak-order volume of 350 orders per minute and 120 million peak-day page views. By engaging in both day-to-day and broad strategic dialog with our partners and industry thought leaders, we will continue to ensure we deliver great experiences for our partners and their customers.”
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 four components: technology, customer care, fulfillment and marketing services. We provide e-commerce solutions for more than 80 partners.
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. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional 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.
Corporate Marketing
610.491.7474
Fax: 610.265.2866
.(JavaScript must be enabled to view this email address)
