GSI makes an equity investment in Allurent; GSI's e-commerce platform will leverage Allurent's solutions to deliver more dynamic and appealing shopping experiences
KING OF PRUSSIA,
In addition, GSI has made an equity investment in Allurent, reaffirming its commitment to the future of Web 2.0 applications, and to being on the forefront of the most interactive and engaging shopping experiences on the Internet.
"GSI Commerce is a forward-thinking organization that consistently meets the changing needs of its clients," stated
Advancements in Web 2.0 technologies enable retailers and brand manufacturers to present more compelling and engaging online shopping experiences to consumers, allowing them to interact with their brands, learn more about their products, and make better purchasing decisions through advanced interactivity and intuitive design. In a recent study, "The 2007 State of Retailing Online," Shop.org and Forrester Research found that "while approximately half of retailers are using some rich Internet applications (RIAs) or flash application on their site now, 69% of retailers plan to invest even more heavily in them in the coming year." In additional September 2006 research from Forrester, Web Users Want Rich Internet Applications," the firm finds that "the majority of online consumers who have used RIAs say that these applications improve their Web experiences."
"Our current and prospective retail partners are interested in adding rich Internet applications to take online shopping to the next level for their customers," said
About Allurent, Inc.
Leading retailers partner with Allurent to create the most compelling online shopping experiences imaginable. Its innovative e-commerce products deliver rich interactions throughout the shopping lifecycle, from browsing to choosing to buying. The result is a superior shopping experience leading to more satisfied customers and greater sales. Allurent's deep experience developing world-class e-commerce software helps the company deliver intuitive and engaging products that are easily configured to match a retailer's brand and integrates with their existing e-commerce infrastructure. Allurent is headquartered in
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.
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.