Recent highlights for eCOST.com and related merger with PFSweb include:
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The relocation of eCOST.coms headquarters to El Segundo, CA in a move expected to
generate cost savings of approximately $20,000 per month. |
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The relocation of eCOST.coms warehouse facility into an existing PFSweb warehouse to
improve performance and reduce costs. |
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eCOST.coms early adoption of Google Checkout, a new service from Google that offers a
more convenient and secure online shopping experience. |
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The appointment of ExactTarget to assist in eCOST.coms direct marketing campaign,
providing the ability to send personalized emails to subscribers using list segmentation
and unique content features as well as advanced reporting functions. |
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Nearing the completion of eCOST.coms transition to PFSwebs advanced ERP platform from
its legacy ERP technology platform. |
Layton
concluded, We remain confident in our ability to transform eCOST.com into a premier Internet retailer based
on our world-class technology and operational infrastructure. Once our integration plan is
complete, we expect to leverage our global platform and deliver sustainable growth within the $79
billion web commerce marketplace.
For eCOST.coms selected operating data for the three and six-month periods ended June 30, 2006 and
2005, please see the table below.
Conference Call Information
Management will host a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on
August 14, 2006 to discuss the latest corporate developments and results. To listen to the call,
please dial 888-338-6760 and enter the pin number (7710682) at least five minutes before the
scheduled start time. Investors can also access the call in a listen only mode via the Internet
at the companys website, www.pfsweb.com. Please allow extra time prior to the call to visit the
site and download any necessary audio software.