PFSweb, Inc. (Nasdaq: PFSW) a global provider of web commerce and integrated business process outsourcing (BPO), today announced it has completed the move of its Canadian headquarters to an expanded facility in order to support existing and new client growth. PFSweb provides web commerce technology, inventory management, fulfillment & logistics, freight management, returns processing and customer care services from its Canadian headquarters. The new 22,000 square foot facility, under a 5-year lease agreement, will feature an additional 20 call stations to provide multi-lingual customer support for the U.S. and Canadian markets. Located in the Eastern Toronto area, the new facility will maintain PFSweb�s presence in Toronto�s growing technology business center, along with easy access to the downtown area, main highways and Toronto Pearson International Airport. �We have experienced increased demand for our services throughout North America, including Canada,� said Mike Willoughby, President of PFSweb Services Division. �The Canadian e-Commerce market landscape has become notably more robust, and we continue to see international expansion strategies within the high tech market. PFSweb is well poised to support both Canadian-based companies in need of scalable infrastructure, as well as foreign-based brands that are pursuing Canadian market presence. The expansion of our Canadian headquarters will allow us to maintain the highest level of service for our new and existing clients, while also allowing us the capacity to implement future contracts. The increased capacity at the new facility will allow us to support the anticipated growth from our existing Roots Canada Ltd. engagement and our new contract with Katun Corporation. We anticipate that Roots, one of Canada�s most prominent retailers and premier brands, will continue to experience a steady increase in volume as customer awareness of the newly launched Canadian online store grows.� About PFSweb, Inc. PFSweb develops and deploys integrated business infrastructure solutions and fulfillment services for Fortune 1000, Global 2000 and brand name companies, including third party logistics, call center support and e-commerce services. The company serves a multitude of industries and company types, including such clients as CHiA�SSO, FLAVIA� Beverage Systems, Hewlett-Packard, International Business Machines, Raytheon Aircraft Company, Rene Furterer USA, Roots Canada Ltd., The Smithsonian Institution and Xerox. Through its wholly owned eCOST.com subsidiary, PFSweb also serves as a leading multi-category online discount retailer of high-quality new, "close-out" and manufacturer recertified brand-name technology and consumer electronics for consumers and small to medium size business buyers. The eCOST.com brand markets more than 100,000 different products from leading manufacturers such as Apple, Canon, Citizen, Denon, Hewlett-Packard, Nikon, Onkyo, Seiko, Sony, and Toshiba primarily over the Internet and through direct marketing. To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit the company's websites at http://www.pfsweb.com and http://www.ecost.com. The matters discussed herein include forward-looking information under the Private Securities Litigation Reform Act of 1995 which is subject to and involves risks and uncertainties, which could cause actual results to differ materially from the forward-looking information. PFSweb's Annual Report on Form 10-K for the year ended December 31, 2005 and Form 10-Q for the quarter ended September 30, 2006 identify certain factors that could cause actual results to differ materially from those projected in any forward looking statements made and investors are advised to review the Annual and Quarterly Reports and the Risk Factors described therein. These Risk Factors include the risk of contract terminations. PFSweb undertakes no obligation to update publicly any forward-looking statement for any reason, even if new information becomes available or other events occur in the future. There may be additional risks that we do not currently view as material or that are not presently known.
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