GSI Commerce Announces Agreement to Provide RadioShack with New E-Comm

KING OF PRUSSIA, Pa., Jan. 10 /PRNewswire-FirstCall/ -- GSI Commerce Inc. announced today a multi-year agreement under which the company will develop and operate a new e-commerce solution for RadioShack Corporation . Launch for the initial phase is scheduled for the second half of 2005.

"We are excited and honored to have been selected by RadioShack for this initiative," said Michael G. Rubin, chairman and CEO of GSI Commerce. "RadioShack's position as one of the leading retailers of consumer electronics, with strong brand recognition and a reputation as a trusted source for convenience, innovation and information, are ideally suited to take advantage of consumers' growing enthusiasm for online shopping."

About GSI Commerce

GSI Commerce provides an e-commerce solution enabling retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. The company's e-commerce solution includes Web site design and development, e-commerce technology, managed hosting, order fulfillment, customer service, merchandising and order management, online merchandising, customer relationship management, content development and online marketing. The company operates either all or a portion of the e- commerce businesses for approximately 45 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, 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 or extension 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 Securities and Exchange Commission. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by GSI Commerce.

From: GSI Commerce, Inc. 935 First Avenue King of Prussia, PA 19406 USA Contacts: Greg Ryan Director, GSI Commerce Corp. Comm. tel: 610-491-7294 fax: 610-265-2866 e-mail: ryang@gsicommerce.com