GSI Commerce will provide the e-commerce technology platform and will integrate it with Iomega’s third-party fulfillment and customer care providers. The technology platform replaces an in-house system and provides country-specific web stores for the United Kingdom, Ireland, France, Germany, Italy, the Netherlands, Spain and Switzerland, as well as a multilingual e-commerce site that will service the remainder of Europe, Israel and South Africa. Overall, the platform will support six languages and six currencies for Iomega’s online stores in Europe. The store launches are scheduled for the second quarter of this year.
“We are excited to partner with Iomega International. We welcome the opportunity to help Iomega enhance its multinational e-commerce business in Europe,” said Enda-Gerard Breslin, managing director of international for GSI Commerce.
“By partnering with GSI Commerce, we gain a state of the art and proven e-commerce platform which will allow Iomega to move from a “one size fits all” solution to an extremely focused offering in each target market. GSI Commerce has clearly demonstrated that it has the international operating expertise that will support Iomega’s efforts to successfully grow our direct-to-customer online business,” said Niall O’Gorman, Web Operations Manager of Iomega International S.A.
GSI Commerce’s international platform supports major European currencies, payments systems and taxation requirements. Internationally, GSI Commerce provides logistics and customer care through integrating its technology platform with a network of third-party providers and by connecting directly into the infrastructure of its partners.
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 three components: technology, logistics and customer care and marketing services. We either operate, or will operate pursuant to signed agreements, all or portions of the e-commerce businesses for more than 50 partners.
Iomega Corporation provides easy-to-use, high value storage solutions to help people protect, secure, capture and share their valuable digital information. Iomega's award-winning storage products include the Iomega® REV® (35GB drive, Zip® 100MB, 250MB and 750MB drives; high-performance external hard drive solutions such as the Iomega StorCenter™ Network Hard Drive, the Iomega 1TB Desktop Hard Drive XL Series , the Iomega MiniMax USB 2.0/FireWire Desktop Hard Drive and the Iomega ScreenPlay™ Multimedia Drive. For networks, Iomega NAS servers offer capacities of 160GB to 1.6TB. For unlimited capacity and anytime, anywhere access. Iomega can be on the Web at Iomega.
Media please contact:
Chris Romoser, Iomega Corporation, (858) 314-7148 firstname.lastname@example.org
Analyst/Investors, please contact:
Thomas Kampfer, Iomega Corporation, (858) 314-7188
>>All statements made in this release, other than statements of historical fact, are forward-looking statements.
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “will,” “would,” “should,” “guidance,” “potential,” “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 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 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 the performance of acquired businesses and the impact of SFAS 123(R)
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.
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