TERMINATION AGREEMENTTermination Agreement • January 29th, 2009 • Gsi Commerce Inc • Retail-catalog & mail-order houses • Delaware
Contact: GSI Commerce, Inc. Corporate Marketing 610.491.7474 Fax: 610.265.2866 news@gsicommerce.com Innotrac Corporation Kristi Doughty 678.584.4070 Fax: 678.584.8915 kdoughty@innotrac.comGsi Commerce Inc • January 29th, 2009 • Retail-catalog & mail-order houses
KING OF PRUSSIA, Pa., and ATLANTA, Jan. 29, 2009 – Leading e-commerce and multichannel solutions provider, GSI Commerce Inc. (Nasdaq: GSIC), and Innotrac Corporation, (Nasdaq: INOC), a leading provider of e-commerce fulfillment and customer care services, today announced that they have mutually agreed to terminate their merger agreement based on current prevailing market valuations. Neither party has any financial obligation to the other as a result of the termination.
