Internet’s Leading Minds to Gather at GSI Commerce 2010 Summit

NBA Commissioner, CEO of Barnes & Noble, and Executives from the Estée Lauder Companies, Best Buy and PayPal to Address Attendees

GSI Commerce 2010 Summit

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--GSI Commerce Inc. (Nasdaq: GSIC), the leading provider of e-commerce and interactive marketing solutions, today announced it will hold the company’s annual client summit on April 21 and 22 at the Waldorf Astoria hotel in New York City. The summit will provide insight on how the Internet is changing the retail industry and the strategies that executives from leading retailers and brands are implementing to adapt to these changes.

“The summit is an opportunity for our clients to hear from the leading minds in e-commerce and leave with the knowledge they need to have winning online businesses.”

With an impressive roster of speakers, the event has record attendance from GSI’s base of more than 500 clients. Keynote speakers include:

• William J. Lynch, Jr., CEO of Barnes & Noble, Inc., recently promoted from his role as president of Barnes & Noble’s website.


• John Batelle, journalist, best-selling author of The Search and co-founding editor of Wired magazine will host a panel discussion on how the Internet is impacting panelists’ businesses. Panelists include:
  
  
  • National Basketball Association commissioner David Stern. More than $2.5 billion of NBA-branded merchandise is sold in retail stores and online.
  
  
  • The Estée Lauder Companies Inc.’s executive chairman William Lauder. The company has annual sales of $7.3 billion and sells products in more than 140 countries.
  
  
  • John Thompson, senior vice president and general manager of BestBuy.com. BestBuy.com is a top 10 Internet retailer, achieving $2 billion of online sales in fiscal 2010.
  
  


• Scott Thompson, president of PayPal, will share his views on changing consumer needs in e-commerce.

GSI founder and CEO Michel Rubin stated, “Online retail is experiencing significant changes. To remain relevant, retailers and brands must keep their fingers on the pulse of what consumers want now. They must also stay on top of the direction in which the industry is moving and ensure that their businesses evolve.” Rubin continued, “The summit is an opportunity for our clients to hear from the leading minds in e-commerce and leave with the knowledge they need to have winning online businesses.”

Rubin himself will deliver a keynote address in which he will reveal the 10 most significant trends impacting online retail today.

For details about GSI’s Connect 2010 Client Summit or to request press credentials to attend, please contact Kelly Henry at news@gsicommerce.com or 610.491.7474.

About GSI Commerce

GSI Commerce® is the leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer (b2c) enterprises in the U.S. and internationally. We deliver customized solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care and is available on a modular basis or as part of an integrated, end-to-end solution. We offer a full suite of interactive marketing services through two divisions, TrueActionTM and e-Dialog. Additionally, we provide brands and retailers a platform for online private sales through RueLaLa.com, and an online, off-price marketplace, SmartBargains.com.

Internet’s Leading Minds to Gather at GSI Commerce 2010 Summit

NBA Commissioner, CEO of Barnes & Noble, and Executives from the Estée Lauder Companies, Best Buy and PayPal to Address Attendees

GSI Commerce 2010 Summit

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--GSI Commerce Inc. (Nasdaq: GSIC), the leading provider of e-commerce and interactive marketing solutions, today announced it will hold the company’s annual client summit on April 21 and 22 at the Waldorf Astoria hotel in New York City. The summit will provide insight on how the Internet is changing the retail industry and the strategies that executives from leading retailers and brands are implementing to adapt to these changes.

“The summit is an opportunity for our clients to hear from the leading minds in e-commerce and leave with the knowledge they need to have winning online businesses.”

With an impressive roster of speakers, the event has record attendance from GSI’s base of more than 500 clients. Keynote speakers include:

• William J. Lynch, Jr., CEO of Barnes & Noble, Inc., recently promoted from his role as president of Barnes & Noble’s website.


• John Batelle, journalist, best-selling author of The Search and co-founding editor of Wired magazine will host a panel discussion on how the Internet is impacting panelists’ businesses. Panelists include:
  
  
  • National Basketball Association commissioner David Stern. More than $2.5 billion of NBA-branded merchandise is sold in retail stores and online.
  
  
  • The Estée Lauder Companies Inc.’s executive chairman William Lauder. The company has annual sales of $7.3 billion and sells products in more than 140 countries.
  
  
  • John Thompson, senior vice president and general manager of BestBuy.com. BestBuy.com is a top 10 Internet retailer, achieving $2 billion of online sales in fiscal 2010.
  
  


• Scott Thompson, president of PayPal, will share his views on changing consumer needs in e-commerce.

GSI founder and CEO Michel Rubin stated, “Online retail is experiencing significant changes. To remain relevant, retailers and brands must keep their fingers on the pulse of what consumers want now. They must also stay on top of the direction in which the industry is moving and ensure that their businesses evolve.” Rubin continued, “The summit is an opportunity for our clients to hear from the leading minds in e-commerce and leave with the knowledge they need to have winning online businesses.”

Rubin himself will deliver a keynote address in which he will reveal the 10 most significant trends impacting online retail today.

For details about GSI’s Connect 2010 Client Summit or to request press credentials to attend, please contact Kelly Henry at news@gsicommerce.com or 610.491.7474.

About GSI Commerce

GSI Commerce® is the leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer (b2c) enterprises in the U.S. and internationally. We deliver customized solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care and is available on a modular basis or as part of an integrated, end-to-end solution. We offer a full suite of interactive marketing services through two divisions, TrueActionTM and e-Dialog. Additionally, we provide brands and retailers a platform for online private sales through RueLaLa.com, and an online, off-price marketplace, SmartBargains.com.

TIO Networks to Provide Bill-Pay Kiosks to Best Buy

Vancouver, British Columbia, -- TIO Networks Corp., (TSX.V-TNC), North America’s leading multi-channel expedited bill payment processor today announced a strategic alliance with Best Buy Co., Inc. (NYSE:BBY) to roll out self-service bill payment and financial service kiosks to Best Buy Stores across the United States.



The first kiosk systems have already been rolled out and activated in the Phoenix, Las Vegas, Atlanta, and Miami markets. Best Buy customers in these markets can now make expedited bill payments on their wireless, utility, cable and other accounts through the touchscreen and Internet enabled kiosks.



The cash and debit accepting kiosks are positioned strategically in each store to offer Best Buy’s wireless customers convenient access to wireless and other bill payment services.



TIO bill payment is a fast, secure and convenient way to access bill payment accounts, view balances without the need to have account information present and pay bills in cash. Payments are made by feeding the cash directly into the TIO terminal’s note acceptor. Once the payment is accepted, TIO uses an Internet link to ensure timely posting of the payment. Best Buy customers can navigate through TIO applications in either English or Spanish and complete financial transactions by either printing or emailing their receipt to an email address of their choice.



“We are thrilled to provide the retail chain with the largest volume of wireless customer activations the opportunity to offer bill payment services as an extension of the wireless services”, said Hamed Shahbazi, Chairman and CEO of TIO Networks. “Consumers who pay bills in person have traditionally tended to pay such bills in the same location where they acquired their phones. With this initiative, Best Buy now offers a full complement of expedited bill payment services for the nation’s largest wireless operators.”



About TIO Networks Corp.

TIO is the leading multi-channel expedited bill payment processor serving the largest Telecom, Wireless, Cable and Utility bill issuers in North America. With over 20,000 location endpoints to its processing network, TIO symbolizes fast, convenient and secure access to expedited payment services. www.TIOnetworks.com



Source: Company press release.