GSI Commerce to Acquire U.K.-based Zendor.com

KING OF PRUSSIA, Pennsylvania, and BARCELONA, Spain, November 30 /PRNewswire/ --

- Establishes GSI as End-to-End E-Commerce Solution Provider Serving 
Europe

Leading e-commerce solutions provider GSI Commerce Inc. (Nasdaq: GSIC)
today announced it has signed a definitive agreement to acquire Zendor.com
Ltd., a Manchester, U.K.-based leading provider of fulfillment, customer care
and e-commerce solutions. The acquisition establishes 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.

"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," said Steven C. Davis, president and managing
director of GSI Commerce Solutions International S.L. "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 US$7.9 million in cash.

"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.," said Nick Allen, CEO of Zendor. "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. "That's a great growth opportunity for retailers,
brands and GSI," said Davis. "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. (US$2,171 vs. US$1,831).

About GSI Commerce

GSI Commerce(R) 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 US$672 million.

About Zendor.com

Zendor.com is a leading 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.

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. Specifically, statements regarding the expected
timing of the closing of the acquisition, the ability of GSI and Zendor.com
to close the acquisition, the expected benefits of the acquisition, the
expected performance and features of Zendor.com products services and any GSI
Commerce and Zendor.com combined products and services, the expected
integration-related operating and capital expenditures, and the expected
impact of the acquisition on GSI's financial results are forward-looking
statements. In addition, the words "anticipate," "believe," "estimate,"
"expect," "intend," "may," "plan," "will," "would," "should," "guidance,"
"potential," "opportunity," "continue," "project," "forecast," "confident,"
"prospects," "schedule" 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. 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 risk that the planned acquisition
may not close on the term agreed upon or at all, risks related to the
acquisition, including unanticipated liabilities and expenses, 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 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, confidential and proprietary
information, 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.

Contact:
    GSI Commerce, Inc.
    Corporate Marketing
    +1-610-491-7474
    Fax: +1-610-265-2866
    news@gsicommerce.com

Web site: http://www.gsicommerce.com