CEOcast Interviews Chief Executive Officers of PFSweb and eCOST.com
January 17 2006 - 11:34AM
Business Wire
PFSweb, Inc. (Nasdaq: PFSW) and eCOST.com (Nasdaq: ECST) announced
today that chief executive officers, Mark Layton for PFSweb and
Adam Shaffer for eCOST.com, were interviewed by CEOcast, the
premier source of original and syndicated streaming broadcast
interviews of CEOs. In the interview, Mr. Layton and Mr. Shaffer
discuss the pending merger agreement between PFSweb, a global
provider of integrated business process outsourcing (BPO)
solutions, and eCOST.com, a leading online discount retailer, which
is targeted to close in the first quarter this year. The interview
is available online at www.CEOcast.com. For the latest updates on
the merger, please visit www.pfswebecostmerger.com. About
eCOST.com, Inc. eCOST.com is a leading multi-category online
discount retailer of high-quality new, "close-out" and refurbished
brand-name merchandise for consumers and small business buyers.
eCOST.com markets over 100,000 different products from leading
manufacturers such as Apple, Canon, Citizen, Denon, HP, Nikon,
Onkyo, Seiko, Sony, and Toshiba primarily over the Internet
(http://www.ecost.com) and through direct marketing. Prior to April
11, 2005, eCOST.com was a subsidiary of PC Mall, Inc. 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 Adaptec (Nasdaq:ADPT), CHiA'SSO, FLAVIA(R) Beverage Systems,
Hewlett-Packard (NYSE:HPQ), International Business Machines
(NYSE:IBM), Nokia (NYSE:NOK), Pfizer, Inc. (NYSE:PFE), Raytheon
Aircraft Company, Rene Furterer USA, Roots, Inc., Smithsonian
Institution and Xerox (NYSE:XRX). To find out more about PFSweb,
Inc., visit the company's website at www.pfsweb.com. The matters
discussed during the interview and, in particular, information
regarding the merger, consist of forward-looking information under
the Private Securities Litigation Reform Act of 1995 and is subject
to and involve risks and uncertainties, which could cause actual
results to differ materially from the forward-looking information.
PFSweb has recently filed a Registration Statement on Form S-4
which identifies 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
Registration Statement and the Risk Factors described therein.
Neither PFSweb nor eCOST undertakes any 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. ADDITIONAL INFORMATION
The S-4 Registration Statement filed by PFSweb contains a joint
proxy statement for the PFSweb and eCOST stockholder meetings and a
prospectus for the PFSweb common stock to be offered to eCOST's
shareholders in connection with the Merger. Investors and
shareholders are urged to read the registration statement carefully
because it includes various risk factors and other important
information about the Merger. Stockholders may obtain a
free-of-charge copy of the registration statement, any proxy
statement and other relevant documents filed with the SEC from the
SEC's website at www.sec.gov. Stockholders will also be able to
obtain a free-of-charge copy of the proxy statement and other
relevant documents by directing a request by mail or telephone to
either (i) PFSweb, Inc., 500 North Central Expressway, Suite 500,
Plano, Texas 75074 Attention: Corporate Secretary, Telephone: (972)
881-4044, or from PFSweb's website, www.pfsweb.com or (ii) eCOST,
Inc., 2555 West 190th Street, Suite 106, Torrance CA 90504
Attention: Corporate Secretary, Telephone: (310) 225-5025, or from
eCOST's website, www.eCOST.com. Each company and certain of its
directors, executive officers and other members of management and
employees may, under the rules of the SEC, be deemed to be
"participants" in the solicitation of proxies from such company's
stockholders in favor of the prospective merger. Information
regarding the persons who may be considered "participants" in the
solicitation of proxies is set forth in the Registration Statement
that is filed with the SEC. Information regarding certain of these
persons and their beneficial ownership of the common stock of
either company is also set forth in the Schedule 14A filed by eCOST
on May 27, 2005 with the SEC, and the Schedule 14A filed by PFSweb
on April 28, 2005 with the SEC.
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