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King of Prussia, Pennsylvania - (Cheap Web Hosting Directory) - January 2, 2008 - E-commerce solutions firm, GSI Commerce, intends to acquire Zendor.com Ltd., a Manchester, U.K.-based provider of fulfillment, customer care and e-commerce solutions.

The acquisition is hoped to establish GSI as an end-to-end e- commerce solution provider capable of delivering integrated, multichannel e- commerce solutions to both U.K. and global retailers and brands.

Steven C. Davis, President and Managing Director of GSI Commerce Solutions International S.L. noted, ”The acquisition of Zendor provides GSI with the opportunity to integrate Zendor’s leading fulfillment and customer care capabilities with GSI’s proven e-commerce technology solution. We are excited to offer U.K. and global retailers and brands comprehensive, end-to-end e-commerce solutions that have demonstrated success for our partners in the United States. This acquisition not only allows us to provide an end-to-end solution for the U.K.’s online market, but it also serves as the model which we will use to empower retailers and brands in establishing and building their e-commerce businesses across Europe.”

In addition to acquiring Zendor’s core operating components, GSI gains Zendor’s e-commerce expertise, local sales and marketing experience and welcomes its five notable U.K. retailers in the toys and baby, home and apparel categories. With the acquisition, GSI grows its global e-commerce partner base to approximately 85. GSI will acquire Zendor.com for approximately $7.9 million in cash.

Nick Allen, CEO of Zendor added, ”We are delighted to become part of GSI’s international growth story and proud to play such an integral role in the company’s end-to-end e-commerce solution here in the U.K. Adding GSI’s leading technology to Zendor’s multichannel expertise and fulfillment and customer care infrastructure will provide a fully integrated solution to U.K. retailers and brands.”

As part of GSI, Zendor can now support U.K. retailers and brands in extending their e-commerce businesses in the U.S. and Europe.” The acquisition, which has been approved by the boards of directors of both companies, is expected to close within 10 to 14 days. Following the close, Zendor will be known as Zendor GSI Commerce and will maintain its offices in Manchester, England and report to GSI’s international headquarters in Barcelona, Spain. Zendor, established in 1999, is a subsidiary of N Brown Group plc and provides both modular and end-to-end e-commerce solutions that include fulfillment and customer care. Zendor operates two fulfillment centers with approximately 245,000 square feet of space and a 50-seat customer care center. The company employs approximately 100 employees. According to IDC, a global provider of market intelligence, business-to- consumer e-commerce was 26 percent larger in Europe than in the United States in 2006.

Mr. Davis added, ”That’s a great growth opportunity for retailers, brands and GSI. In fact, Europe is set to grow at a compounded annual growth rate of 23 percent through 2010 compared to 12 percent for the U.S.”

The U.K., in particular, leads with even higher per capital online retail spending than the U.S. ($2,171 vs. $1,831). 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 approximately 85 partners. The company has trailing 12-month net revenues of $672 million.

Recently, for the fourth consecutive year, GSI was named among the fastest growing technology companies in North America and among the fastest 50 growth companies in the Greater Philadelphia region. Deloitte and Touche’s annual Technology Fast 500/50 competition rankings include the fastest growing technology, media, telecommunications and life sciences companies across North America based on percentage of fiscal year revenue growth over five years.

Zendor.com is a provider of total distance shopping solutions in the U.K. The company provides fulfillment, customer care, marketing and e-commerce solutions to retailers, web-only merchants, brand manufacturers and home shopping organizations. Building on 140 years experience of distance shopping, inherited from our parent company, N Brown Group plc, Zendor.com is unique in offering distance shopping solutions on both a modular and end-to-end basis. Our approach allows companies to pick the skills and services they require, from implementing an integrated fulfillment system to management of an online customer database, to the complete roll-out of a multichannel proposition.

GSI Commerce is a provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses, providing solutions for its partners through an integrated e-commerce platform, which is comprised of three components: technology, logistics and customer care, and marketing services, for over 80 partners.

For more information about GSI, please visit: www.gsicommerce.com.

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