Key Events Since Oct. 24, 2007: • GSI today announced that it closed its acquisition of e-Dialog Inc., a Lexington, Mass.-based, market-leading provider of advanced e-mail marketing services and solutions to more than 100 blue-chip companies in the U.S. and Europe. • GSI obtained a $75 million revolving secured line of credit from a bank group led by PNC Capital Markets. • GSI closed its acquisition of Zendor.com Ltd., a Manchester, U.K.-based leading provider of fulfillment, customer care and e-commerce solutions. • GSI announced a new e-commerce partnership with the Casual Male Retail Group Inc. (Nasdaq: CMRG) to design, develop and operate the online stores for both the Casual Male XL and Rochester Big & Tall brands in six European countries. • GSI extended multiyear e-commerce agreements with three Accretive Commerce partners to provide their combined five online stores with fully integrated e-commerce solutions. All five Web stores are scheduled to launch on GSI's e-commerce platform during 2008. • GSI signed a multiyear agreement to provide privately held Spanx®, a women's hosiery and shapewear company, with a full-service, e-commerce solution. • GSI signed a multiyear extension to continue to provide customer care services for the direct-to-consumer business of Restoration Hardware, and signed a multiyear contract extension with a global financial services company to continue servicing that company's loyalty program in the U.S. Both Restoration Hardware and the global financial services company are Accretive Commerce partners. • GSI launched a new Web store for New York-based, Marc Ecko Enterprises, an innovative, global fashion and lifestyle company • GSI launched a new Web store for Nautica, a leading global lifestyle brand. • GSI signed a multiyear agreement to provide customer care services for the online store of Belk Inc., the largest privately owned department store company in the U.S. • GSI has become the new, full-service e-commerce solution provider for Major League Soccer (MLS) recently re-launching the league's Web store at its website. • Lawrence S. Smith was elected by the company's board of directors to serve as a director of the company. Smith served as executive vice president and co-chief financial officer of Comcast Corporation from 1988 to 2007, and also serves on the boards of Air Products and Chemicals Inc., MGM Holdings Inc. and Tyco Electronics Ltd.
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