RedEnvelope Appoints Executive Vice President SAN FRANCISCO, Feb. 7 /PRNewswire-FirstCall/ -- RedEnvelope, Inc. (NASDAQ:REDE), a premier multi-channel specialty gift retailer, today announced that Kristine N. Dang, currently General Merchandising Manager (GMM), has been appointed to Executive Vice President, Merchandising & Creative by the company's Board of Directors. Ms. Dang joined RedEnvelope in July 1998, as Director of Merchandising. She was promoted to Vice President of Merchandising in March 2000, and then to General Merchandising Manager in April 2003. Ms. Dang is responsible for the company's merchandising and creative services functions. "We are very pleased to announce Kristine's appointment," said Alison May, President and Chief Executive Officer, "Her creative talents and dedication have been instrumental in establishing our brand and we look forward to her contribution as we continue to build our business." Prior to joining RedEnvelope, Ms. Dang served as an Assistant Buyer at Williams-Sonoma, Inc., a specialty home furnishings retailer. Ms. Dang studied fashion design at San Francisco State University. About RedEnvelope, Inc. Whether a gift is a token of gratitude or a grand gesture of love, we consider its giving and receiving a cherished occasion in itself. In Asian traditions, gifts are often presented in a simple red envelope -- a timeless symbol of love and appreciation. In the spirit of this tradition, gifts purchased from RedEnvelope are accompanied by a personalized message in a red envelope. We offer an extensive collection of imaginative, original gifts for every occasion, recipient and budget through our Web site and catalog, as well as customized corporate gift services. Several unique features help guide customers to the gift they want, including: GiftSearch, GiftReminder, ExpressGifts (guaranteed overnight delivery), online customer service, multiple addressing and an inventory system that tracks in real-time to ensure that every item featured on the site is available. Our goal is to make gift giving -- no matter what the occasion -- easy and fun. CONTACT: Susan Hook Jordan Goldstein RedEnvelope, Inc. Financial Dynamics 415-512-6193 415-439-4520 DATASOURCE: RedEnvelope, Inc. CONTACT: Susan Hook of RedEnvelope, Inc., +1-415-512-6193, or ; or Jordan Goldstein of Financial Dynamics, +1-415-439-4520, or , for RedEnvelope, Inc. Web site: http://www.redenvelope.com/

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