The Two Companies Also Extend Their Multiyear E-Commerce Partnership in the U.S.
KING OF PRUSSIA, Pa., July 2, 2007 GSI Commerce Inc. (Nasdaq: GSIC), a leading provider of e-commerce solutions, announced today that it has expanded the scope of its current relationship with iRobot Corp. (Nasdaq: IRBT) to include European e-commerce operations. GSI will provide a Web technology platform solution to service the international e-commerce opportunities for iRobot Corp. as the company establishes a direct-to-consumer business in Europe during 2008. GSI also announced the extension to their multiyear, e-commerce agreement with iRobot for the United States, which provides the Burlington, Mass.-based, robotics manufacturer with its domestic online solution that includes e-commerce technology, fulfillment, and customer care for the company’s line of consumer home robots. Additionally, gsi interactive sm, the company’s interactive marketing services agency, provides design services for iRobot’s U.S. online store.
iRobot is scheduled to launch three European Web stores in 2008. The launch of the European online stores will establish iRobot’s direct-to-consumer business overseas.
GSI’s U.S. solution for iRobot (www.irobot.com), which featured a complete site redesign and full integration with GSI’s customer care and fulfillment services, replaced the company’s existing domestic online store in the first quarter of 2006.
The e-commerce partnership we established with GSI has helped us to grow our direct-to-consumer business here in the U.S., said Sandra B. Lawrence, president and general manager of iRobot’s Home Robots division. Now, with GSI as our partner for international e-commerce, we look forward to similar success with our direct-to-consumer channel in Europe.
E-commerce in Europe is currently as big as e-commerce in the U.S. and is projected to grow more quickly. GSI simplifies entry into the market and allows its partners to tap into substantial incremental growth potential, said Steve Davis, president of GSI Commerce Solutions International S.L. We are happy to join iRobot in its plans to build a meaningful, direct-to-consumer business in Europe.
iRobot’s Home Robots group designs, develops and delivers innovative, reliable and autonomous robots that vacuum and mop floors and clean workshops, garages and pools. iRobot’s robots are designed to find better ways to tackle dull, dirty and dangerous tasks.
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 provide e-commerce solutions for more than 60 partners.
Forward-Looking Statements
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