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. The company began its e-commerce business in 1999 and initially targeted the sporting goods industry. Since 2001, the company has expanded its reach and now offers its technology to companies in five additional industries: apparel, beauty, consumer electronics, entertainment and home. The company either operates or has agreements to operate all or portions of the e-commerce businesses for nearly 50 partners. By partnering with GSI Commerce, companies can grow their e-commerce businesses more quickly and more cost-effectively than they could on their own. The company employs approximately 1,200 people, the majority of which are based at our headquarters in King of Prussia, Pa., our two fulfillment centers in Kentucky and a customer contact center in Melbourne, Fla. GSI Commerce trades on the NASDAQ Stock Exchange under the symbol, GSIC.
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